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Europe’s biggest gas pipeline group Snam has acquired a 25% stake in East Mediterranean Gas Company (EMG), which owns a pipeline between Israel and Egypt, marking its entrance into a high gas demand area, Reuters reports. Snam will invest $50 Read more
Bahraini authorities held Iran responsible for a plot to bomb a pipeline connecting the country to Saudi Arabia, after the arrest of a four-member terrorist cell with ties to Iran. The Bahraini Interior Ministry said two of the group members Read more
Iraq announced that it plans to build a new pipeline that will ship oil from Kirkuk’s oilfields to the Ceyhan port in Turkey, in an attempt to reduce dependence on the pipeline crossing the territories under the administration of the Read more
The Morocco-Nigeria landmark project to lay an Atlantic gas pipeline that will carry Nigerian gas through six West African countries up to Morocco and eventually to Europe is heading towards materialization with the signing Monday of new agreements related to Read more
The United Arab Emirates on Sunday launched a new offshore oil export terminal in Fujairah on the Gulf of Oman that will process up to 75 per cent of the Gulf country’s exports. The terminal has eight crude oil storage Read more
An Egyptian gas pipeline has come under attack again in the northern Sinai town of El-Arish. The recent attack was on a pipeline which exports fuel to Israel and Jordan. Attacks have become frequent since the uprising begun and this Read more
Crude oil from a vital Yemeni pipeline will start flowing again next week after months of suspension due to sabotage acts and attacks by militants forcing the Maareb oil facility to shut down and incurring losses estimated at $15 million Read more
Control over oil in the autonomous region of Kurdistan has been a push-and pull between the central government of Iraq and the autonomous government of the region. It has resulted to the freezing of oil exports from the region because Read more
The gas supply between Egypt and Israel has come to a sudden end. The unpopular deal which was signed by the then president Mubarak was seen as a prejudice by the Egyptians because it is believed that Israel got the Read more