Energy Industry

Iran announces another navy drill in key Strait of Hormuz

Feb 21, 2019

Iran's navy to hold annual drill in strategic Strait of Hormuz as pressure mounts in wake of US sanctions

Israel: 'Much safer' Mediterranean with Cyprus teamwork

Feb 12, 2019

Israel's president says cooperation between his country and Cyprus on security, terror prevention and intelligence has made the Mediterranean "much, much safer."

Cyprus, Egypt, Greece say gas search in sea won't be stopped

Feb 11, 2019

The speaker of Egypt's parliament appeared to push back at Turkey's opposition to drilling operations off Cyprus, saying cooperation between Egypt, Cyprus and Greece sends a message to countries that try to stop them

Long lines to buy meat illustrate Iran's economic woes

Feb 8, 2019

Iran's economy struggles as the country marks the 40th anniversary of the Islamic Revolution

Iran says Europeans aren't buying oil despite US waivers

Feb 5, 2019

Iran's oil minister says European nations have not responded to offers to sell them crude oil despite having U.S. waivers

As Tsipras visits, Turkey sets bounty for officers who fled

Feb 5, 2019

Greek Prime Minister Alexis Tsipras is paying a two-day visit to Turkey for talks with President Recep Tayyip Erdogan on the often-strained relationship between their countries that are NATO allies

Israel's Netanyahu touts major offshore gas project

Jan 31, 2019

Israel's prime minister says its upcoming extraction of offshore natural gas will turn the country into an "energetic power."

Sharks drawn to warm waters by Israeli coastal power plant

Jan 31, 2019

Hot water around industrial plant in coastal Israeli city draws schools of sharks, also tourists

France backs Cyprus' search for gas amid Turkey opposition

Jan 29, 2019

France's president says his country fully backs Cyprus' sovereign right to search for gas off the island nation's coast amid continued opposition by neighboring Turkey

Saudi Arabia showcases $53B in deals at conference

Jan 28, 2019

Saudi Arabia says nearly 40 agreements worth $53 billion were signed at the second major investment conference held in the kingdom since the killing of writer Jamal Khashoggi sparked an international outcry

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