February 19, 2023

Israel sends first oil export to Europe from offshore field

(Bloomberg) – Israel exported oil for the first time, sending a shipment to Europe from Energean Plc’s offshore Karish field. While the country began sending natural […]
February 21, 2023

OPEC Urges Countries to Invest Significantly More in Oil

OPEC’s top official urged countries to invest much more in oil to meet the world’s future energy needs and said climate policies need to be more […]
February 21, 2023

Netanyahu: Peace with Saudi Arabia linked with goal of stopping Iran

Netanyahu touted the idea that Israel would normalize ties with Saudi Arabia, saying that such a move would “launch a historic change in Israel’s position in […]
March 28, 2023

UK’s BP teams up with Abu Dhabi state oil group to buy 50% of Israel’s NewMed Energy

Offer values NewMed, a key stakeholder in Israel’s Leviathan offshore gas field, at about NIS 14.1b ($4b); tentative deal is called a ‘testament’ to Israel-UAE ties. […]