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UAE: New Gas Field Discovered In Sharjah
January 27th, 2020 - 01:09 GMT

UAE: New Gas Field Discovered In Sharjah

The Sharjah National Oil Corporation and its Italian partner ENI have announced a successful new discovery of natural gas and condensate onshore at the Mahani field in Sharjah. The discovery of at Mahani-1 exploration well with flow rates of up to 50 million standard cubic feet per day comes within the first year of the partnership and represents the first onshore discovery of gas in the emirate since the early ...
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In November 2019 pro-Haftar forces claimed to have shot down an Italian drone /AFP
January 19th, 2020 - 12:04 GMT

Italy Watches Impotently as Russia and Turkey Determine Libya’s Future

(AFP/ File)
August 27th, 2018 - 09:08 GMT

Hezbollah Vows to Respond if Iran Attacked

Eni revealed almost three years ago that it had found one of the world’s biggest gas fields offshore, called Zohr. (AFP)
June 27th, 2018 - 07:21 GMT

Is Egypt About to Announce Another Big Gas Find?

Turkey intends to explore the East Mediterranean for oil and gas (AFP/File Photo)
February 25th, 2018 - 09:58 GMT

Cyprus Lodges Formal Protest to UN to End Over Turkish Provocations

When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets. (AFP)
December 13th, 2017 - 09:37 GMT

Opinion: Three Challenges Ahead for Egypt’s Economy

Through this deal, Rosneft has become a partner in the development of the largest gas field in the Mediterranean Sea. (AFP/ File)
October 11th, 2017 - 09:22 GMT

Russian Oil Company Rosneft Buys 30 Percent Stake in Egypt's Zohr Gas Field

Iran's oil exports to Europe in May surged to their highest level since the lifting of sanctions in early 2016. (AFP/ File)
June 14th, 2017 - 08:00 GMT

Iran's Oil Recovers Share Lost to Saudi Arabia in Europe

The plant, planned to launch in December 2017, will make it possible to save the equivalent of six million cubic metres of gas per year. (File photo)
March 19th, 2017 - 11:26 GMT

Algeria expands into solar energy with new solar plant

Algeria has the 10th-largest natural gas deposits in the world and is the third-largest supplier to Europe. (Shutterstock)
March 14th, 2017 - 05:16 GMT

Algeria to receive $42.7M in EU funding for renewable energy projects

Egypt owes $3.5B  to foreign oil companies but a foreign currency shortage has made the drawing down of those debts more difficult. (File photo)
February 9th, 2017 - 10:00 GMT

Egypt repays $630M debt to Eni for Zohr gas field development

The drilling campaign on Zohr will continue in 2016 with the drilling of a sixth well. (Wikipedia)
September 4th, 2016 - 11:00 GMT

Eni steps up drilling in Egypt's Mediterranean with fifth well

The Baltim South West well is located 12 kilometres from the coast, 25 metres deep, and 10 kilometres north of the Nooros field. (File photo)
June 12th, 2016 - 04:26 GMT

BP, Eni confirm new 'significant' gas discovery in Egypt's Mediterranean

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