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UAE Wednesday amended country’s Commercial Companies Law as it allows investors and entrepreneurs to establish and fully own onshore companies, reports say. “The amended Commercial Companies Law aims at boosting the country’s competitive edge and is a part of UAE Read more
British Sound Energy has announced a gas discovery on its Tendrara licence onshore northeast Morocco and plans to drill two more wells there this year. Its TE-6 well achieved a stabilized gas flow rate, post stimulation, of 17m standard cubic Read more
Turkey has started onshore drilling for oil and gas on the disputed island of Famagusta that it is engaged in with Cyprus. Cyprus described the action as a violation. Since 1974, Cyprus has been, divided when Turkish troops occupied its Read more