Middle East
Egypt to Begin Gas Imports from Israel by Mid-Jan 2020
Egypt will begin importing natural gas from Israel by mid-January 2020, Israeli Energy Minister Yuval Steinitz told Israel Radio on Sunday.
Syria says Possible Drone Attacks Hit 3 Oil, Gas Facilities
Near-simultaneous attacks believed to have been carried out by drones hit three government-run oil and gas installations in central Syria, state TV and the Oil Ministry said Saturday.
Leviathan Gas Field to Start Up Monday; Court Lifts Injunction
Israel's energy ministry gave its final approval for the start of production at the giant Leviathan gas field and said the wells will open early on Monday after a court lifted a temporary injunction granted over environmental concerns.
Energy Firms Fight Surprise Court Order Blocking Leviathan Gas Output
Companies developing the huge natural gas field Leviathan will try to convince an Israeli court to remove an injunction that threatens to delay production due to environmental concerns.
Israel Signs Egypt Gas Permit, Becomes Major Energy Exporter
Israel became a major energy exporter for the first time on Monday after signing a permit to export natural gas to Egypt. The announcement comes just days before a lucrative Israeli gas field in the Mediterranean Sea is expected to go online.
State Sponsored Qatari LNG Projects Could Hurt North American Projects
Proposed North American LNG export projects may face an uphill battle against Qatar, which announced plans to further ramp up production to hold onto its position as the world’s leading LNG exporter.
Kurds Could Start Oil Deliveries to Baghdad in 2020 - Iraqi Minister
The semi-autonomous Kurdistan Region of Iraq could start delivering 250,000 barrels per day (bpd) of oil to the Baghdad federal government via pipeline by early 2020, Iraq's oil minister said.
Iran Building Oil Pipeline to Terminal Outside Gulf
Iran is building a $1.8 billion oil pipeline to its port of Jask outside the mouth of the Gulf, the country’s oil minister said, as part of plans to protect its exports against potential problems in the region and to boost shipments of Caspian oil.
Israel to Increase Gas Exports to Egypt via EMED Pipeline
Israel is significantly increasing the amount of natural gas it plans to export via the EMED Pipeline to Egypt under a landmark deal, Israeli energy companies said.
Israel-Egypt Gas Pipeline Deal Closed “In Practice”
The EMED joint venture consisting of Noble Energy, Israel's Delek Drilling and Egypt's East Gas Co has all but completed its purchase of a 39% stake in the subsea EMG pipeline.
Israel to Increase Gas Exports to Egypt via EMED Pipeline
Israel is significantly increasing the amount of natural gas it plans to export via the Eastern Mediterranean (EastMED) Pipeline to Egypt under a landmark deal, Israeli energy companies said on Wednesday.
Iran Building Oil Pipeline to Terminal Outside Gulf
Iran is building a $1.8 billion oil pipeline to its port of Jask outside the mouth of the Gulf, the country's oil minister said, as part of plans to protect its exports against potential problems in the region and to boost shipments of Caspian oil.
Saudi Arabia to Restore Full Oil Output by Next Week - Source
Saudi Arabia has restored more than 75% of crude output lost after attacks on its facilities and will return to full volumes by early next week, a source briefed on the latest developments told Reuters on Monday.
Bulgaria Signs up Saudi-Led Group for TurkStream Extension
Bulgaria's state gas company signed a $1.2 billion (1.1 billion euro ) contract on Wednesday with Saudi-led group Arkad to build a gas pipeline to carry mainly Russian natural gas.
U.S. Oil Exports Ramp Up as Buyers Seek Alternatives to Saudi Crude
The oil markets were in turmoil on Monday after the weekend's attack on Saudi facilities, as refiners in top consumer Asia looked for alternative supplies, U.S. crude producers ramped up efforts to export crude and Saudi Arabia tried to secure refined products.
Saudi Attacks Raise Spectre of $100/barrel Oil: Analyst View
The oil market will rally by $5-10 per barrel when it opens on Monday and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly resume oil supply lost after attacks over the weekend, traders and analysts said.
Major Saudi Oil Sites Hit in Drone Attacks
Drones claimed by Yemen’s Houthi rebels attacked the world’s largest oil processing facility in Saudi Arabia and a major oilfield operated by Saudi Aramco early Saturday, sparking a huge fire at a processor crucial to global energy supplies.
UAE’s ADNOC Pipeline Investment Deal Reaches Nearly $5 Billion
Singapore’s sovereign wealth fund (GIC) is investing $600 million in Abu Dhabi National Oil Company’s (ADNOC) crude pipeline infrastructure, raising total outside investment in the newly formed ADNOC Oil Pipelines to $4.9 billion.
Israel Expects to Begin Gas Exports to Egypt By Year End
Israel’s Delek Drilling said it has completed testing of a subsea natural gas pipeline to Egypt and expects to begin exports by year end. That schedule was reaffirmed by Israeli Energy Minister Yuval Steinitz, who told Reuters in late July that gas exports to Egypt would begin within four months.
Pipeline Operator EMG Signs Terminal Deal for Israel-Egypt Gas Exports
The East Mediterranean Gas (EMG) pipeline operator signed a deal to use a terminal belonging to Israel’s Europe Asia Pipeline Company (EAPC) for the export of natural gas to Egypt, the companies said on Sunday.
Russian LPG Firm Battles Middle East for Chinese Market
An independent Russian producer has made a foray into China's market for LPG, jostling with Middle Eastern countries for what could be a lucrative foothold, market data showed and traders said.
Markets React to Drone Attack that Torched Saudi Gas Plant
Crude oil prices rose Monday and Tuesday after a weekend attack on a Saudi oil and gas field caused a fire at a gas plant, but state-run Saudi Aramco said production was not affected.
Lebanon Prime Minister Hopes for Decision in September on Disputed Gas Pipeline
Lebanese Prime Minister Saad al-Hariri said on Thursday after talks in Washington that he hoped for a final decision, possibly in September, on a proposal for resolving a maritime border dispute with Israel on a gas pipeline.
Pipeline Blast in Iraq Halts Power Station Supply, Output Unaffected
A gas pipeline has exploded near Basra in southern Iraq and halted supplies to a local power station, but did not affect gas or oil output, oil ministry officials and police said.
Mid-East Group, Russia Split on Caspian Resources, Pipeline
Five countries bordering the energy-rich Caspian Sea met Monday at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region's oil wealth.
Iraq says Eni, BP Deal Doesn't Exclude Exxon from Mega-Project
Iraq’s oil ministry said it was still in talks with U.S. energy giant ExxonMobil over a major deal to improve the country’s southern oil infrastructure.
Sources: Iraq Chooses BP and Eni Over Exxon for Pipeline Project
Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with U.S. energy giant ExxonMobil, according to five senior Iraqi oil officials involved in the negotiations.
UAE's ADNOC Pipeline Investment Deal Reaches Nearly $5 Billion
Singapore’s sovereign wealth fund (GIC) is investing $600 million in Abu Dhabi National Oil Company’s (ADNOC) crude pipeline infrastructure bringing the total combined deal to $4.9 billion.
Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
Saudi Arabia aims to raise the capacity of its east-west pipeline by 40% in two years so more of its oil exports can avoid passing through the Strait of Hormuz, the energy minister said on Thursday.
Israel to Begin Gas Exports to Egypt Within Four Months
Israel will begin natural gas exports to Egypt within four months, Energy Minister Yuval Steinitz told Reuters on Wednesday.
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