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Gas Industry

News and updates about Gas Industry

Trump to Biden: ‘Is this any way to run a country?’

Trump slams Biden's plan to release 50 million barrels of oil from the Strategic Oil Reserves to combat historic highs in gas prices.

Trump to Biden: ‘Is this any way to run a country?’

Lebanon: Israel must halt all offshore explorations

Lebanon's President demands that Israel halt all exploration in an offshore gas field on its southern border.

Lebanon: Israel must halt all offshore explorations

Lebanon signs offshore drilling deal in disputed area

Lebanon signs contract to drill for oil and gas off its coast, including in Block 9 which is disputed by Israel.

Lebanon signs offshore drilling deal in disputed area

Four Gas Companies Fined

Four major Israeli fuel companies have been heavily fined for failing to report fuel leaks at their facilities.

Four Gas Companies Fined for Failure to Report Leaks

Jordan, Israel, Negotiate Over Gas Deal

Jordan and Israel are negotiating a gas deal, according to officials from the Jordanian government sources.

Jordan, Israel, Negotiate Over Natural Gas Deal

Iran-Turkey Trade Up 46% - Gold Bought Oil

Trade between Iran and Turkey has risen nearly 50 percent this year, according to the state-run Islamic Republic News Agency (IRNA).

Iran-Turkey Trade Rose 46% - Turkish Gold Buys Iranian Oil

Rights to Leviathan Gas Field May Be for Sale

Some rights to the mighty Leviathan natural gas field may be up for sale, according to one of the partners that discovered the field.

Rights to Leviathan Gas Field May Be for Sale

Israel Looks to Expand Navy

With new sea-borne gas finds under threat from Hizbullah, Iran, and Turkey the IDF is looking to expand its naval fleet.

Israel Looks to Expand Navy to Protect Gas Interests

How Much Oil and Gas in Israel's Economic Wat

That's the question that awaits the winner of a bid to advise Israel on oil-rights regulation.

How Much Oil and Gas in Israel's Economic Waters?

Electricity Rates to Jump 20%

IEC officials have asked Israel's government for an immediate solution to the stoppage of gas from Egypt; a 20% rate hike to hit consumers.

Consumers Brace for Rate Hikes as IEC Asks Gov't for Help

Unrest in Egypt - Gas Hike?

Unrest in Egypt might result in another price hike at the gas pump, according to the Center for Strategic and International Studies (CSIS).

Unrest in Egypt Might Mean Higher Gas Prices

Energy Firms to Pump Tax Revenue

The Cabinet withstood intense corporate lobbying and approved a sharp hike in energy royalties from newly-discovered gas and oil fields.

Cabinet Approves Hike in Energy Royalties from Energy Tycoons

UN to Help Set Maritime Borders

Five days after the UN refused to intervene between Israel and Lebanon on the issue of maritime borders and oil wells, the body reversed itself.

UN Will Help Set Israel-Lebanon Sea Borders

UN Rejects Lebanon Appeal on Oil

The United Nations has rejected a request by Lebanon to stop Israel from expanding offshore drilling in northern Mediterranean coastal waters.

UN Nixes Lebanese Attempt to Stop Israeli Offshore Drilling

Egypt Discovers Deep-Water Gas

Egypt announced this week the discovery of a new gas field in the Deepwater West Nile Delta area.

Egypt Discovers New Deep-Water Gas Field

Israel, Lebanon Battle Gas Field

A new battlefield is growing between Israel and Lebanon over a mammoth gas field discovered off the coast of Haifa.

Israel, Lebanon Battle Over Gas Field

Negev Sand May Contain Oil

A new survey indicates $2 billion worth of oil may be sitting under Western Negev sand. Meanwhile, Mediterranean drilling launches a new era.

New Survey Indicates Large Oil Field Buried Under Negev Sand

US May Sue Israel on Royalties

As a huge oil rig approaches Israel for drilling, an Israeli judge says the US could sue Israel if it hikes royalty fees for oil and gas finds.

US Could Sue Israel over Hike in Oil Royalty Fees

Underwater Gas Exports to EU?

Israel is considering construction of an underwater pipeline to export natural gas to Europe and Greece. Turkey is not included in the project.

Israel Considers Underwater Gas Exports to Greece, EU

Natural Gas Bonanza for Israel

A survey of the Haifa coastline gas field shows the estimated size of the field has risen yet again. Oil may be present as well.

Natural Gas Bonanza for Israel, Possible Oil Field as Well