Leading News Source For Middle East
State-run Qatar Energy will acquire 17 per cent shares in two Shell-operated concessions (Block 3 and Block 4) in Egypt’s Red Sea region, Reuters has reported. Shell will remain the main operator of the concessions. The acquisition underlines the diplomatic Read more
The Israeli Ministry of Energy and Water Resources has awarded the U.S.-Israeli company “Genie Energy” a licence for oil exploration in the Syrian Golan Heights, occupied by Israel since the 1967 Six Day War and annexed in 1981. The timing Read more
The British company Chariot Oil & Gas Limited, an independent Africa focused oil and gas exploration company, announced that it has signed, through it wholly owned local subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd. an agreement with Morocco under Read more