Europe | Egypt Oil & Gas - Part 9
Israeli PM Meets Italy’s Eni to Discuss Regional Cooperation
Italian energy giant Eni issued a press release on the recent meeting held in Jerusalem between its CEO, Claudio Descalzi, and the Israeli Prime Minister, Benjamin Netanyahu, and the Infrastructure, Energy and Water M...
Chinese Slowdown Catching Up with Angolan Crude Sales
West African crude trading slowed on Monday with Angola’s October program nearly cleared out, reported Reuters. There was a mini buying spree from China at the close of the previous week but traders said it was ...
Iran Breaks Diesel Export Barrier, Draws in European Banks
Iran, for the first time, has become a net exporter of gas oil, said Nasser Sajjadi the managing director of Iran’s national oil distribution company (NIOPDC), reported Zawya. This was in reference to the finali...
Gazprom Reports High Sales in Europe
The Russian gas giant Gazprom posted higher-than-normal sales for the first half of the year, said UPI. Profits for the firm for the first six months are up 50% over a year ago, listed at roughly $10b. Revenue also ro...
Iran Welcomes South Koreans, Has Mixed Feelings over US Firms
According to Reuters South Korean government and corporate officials are visiting Iran to take advantage of the full removal of sanctions. “We plan to highlight the capability of our firms for major projects wit...
Iran PetroChem Export Balancing Act Needs Russian Help
Russia is in talks with Iran for supplies of petrochemical products in exchange for assets as part of their barter deal, an official in Tehran has said. Several delegations have visited Tehran and Moscow in recent wee...
Netherlands Bans Drilling for Shale Gas Until 2020
Government of Netherlands has banned drilling for shale gas in the country for the next five years over concerns about their environmental impact. The Dutch authorities will also not renew the existing licenses for sh...
Foreign Firms Compete in Mexico’s First Oil Auction in Years
US, European and Asian energy firms will compete Wednesday in Mexico’s first oil auction since a historic reform brought back private investors, nearly 80 years after they were kicked out. The government is offe...
