Energy Industry

President says Egypt 'scored a goal' with Israel gas deal

Feb 21, 2018

Egypt's president says his country 'scored a goal' with $15 billion Israeli gas deal

Israeli gas company announces $15B export deal with Egypt

Feb 19, 2018

An Israeli energy company has announced a $15 billion deal to supply natural gas to Egypt, in the largest export agreement to date for Israel's nascent natural gas industry

Fresh twist for UAE diners as oysters thrive in warm waters

Feb 14, 2018

In the warm waters of the Persian Gulf, long home to pearl oysters, a new type of oyster is thriving _ the edible kind

Erdogan warns Greece, Cyprus over gas search, Aegean islets

Feb 13, 2018

Turkish President Recep Tayyip Erdogan issued a warning Tuesday to neighboring Greece, Cyprus and international companies exploring for gas in the eastern Mediterranean not to "step out of line" and encroach on Turkey's rights

The Latest: Greece says Turkish coast guard rams Greek boat

Feb 13, 2018

Greek authorities say a Turkish coast guard patrol vessel has rammed a Greek coast guard boat near a pair of Aegean Sea islets over which the two countries came close to war in 1996

Cyprus says Turkish warships continue to block drilling rig

Feb 12, 2018

Cyprus' government spokesman says Turkish warships continue to impede a rig from reaching a target off the island nation where Italian energy company Eni plans to drill for gas

Aramco IPO takes center stage as Nasdaq CEO touts exchange

Feb 12, 2018

The chief executive officer of Nasdaq, one of several exchanges around the world vying for the international listing of Saudi oil giant Aramco, promoted the New York-based exchange to an audience in the Middle East

India's Modi in UAE to boost ties with Gulf Arab states

Feb 11, 2018

India's Modi in second UAE visit seeking stronger economic, cultural ties with big-spending Gulf Arab states

Turkey slams Cyprus for gas search, blocks rig with warships

Feb 11, 2018

Turkey's foreign ministry has again criticized the Cyprus government for a "unilateral" offshore hydrocarbons search after Turkish warships prevented a rig from reaching an area off Cyprus where it's scheduled to start exploratory drilling for gas.

Turkish warships stop Italy's ENI rig in waters off Cyprus

Feb 10, 2018

Officials say Turkish warships on maneuvers in the Mediterranean have prevented a rig belonging to the Italian energy firm ENI from reaching an area off Cyprus where it's to start searching for gas

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