drilling

Biden caught between climate goals and high gas prices as administration releases new drilling plan
World

Biden caught between climate goals and high gas prices as administration releases new drilling plan

(CNN) – The Biden administration released a proposed plan on Friday for where the federal government intends to hold offshore…
Gas prices are high. Oil CEOs reveal why they’re not drilling more
World

Gas prices are high. Oil CEOs reveal why they’re not drilling more

New York (CNN Business) – The US oil industry doesn’t appear to be in any rush to come to the…
Cyprus: ExxonMobil to gauge gas field size in 6-8 weeks
Egypt

Cyprus: ExxonMobil to gauge gas field size in 6-8 weeks

NICOSIA, Cyprus (AP) — Drilling by ExxonMobil set for late next month to confirm how much natural gas is contained…
Deep drilling to resume in Zamalek for Third Metro Line project
Egypt

Deep drilling to resume in Zamalek for Third Metro Line project

The National Authority for Tunnels announced that deep drilling will resume at the tunnel area of Safaa Hegazy station in…
Egypt signs agreements worth US$155 million for oil and natural gas exploration
Business

Egypt signs agreements worth US$155 million for oil and natural gas exploration

Egyptian Minister of Petroleum and Mineral Resources Tarek al-Molla signed on Wednesday four new petroleum agreements for the exploration and…
EU slaps sanctions on Turkey over gas drilling off Cyprus
Middle East

EU slaps sanctions on Turkey over gas drilling off Cyprus

BRUSSELS (AP) — European Union foreign ministers on Monday turned up the pressure on Turkey after approving an initial batch…
Second Turkish drillship arrives off coast of Cyprus: shipping data
Middle East

Second Turkish drillship arrives off coast of Cyprus: shipping data

ISTANBUL (Reuters) – A second Turkish drillship, which is expected to begin drilling for oil and natural gas near Cyprus…
Cyprus takes legal action against firms encroaching its exclusive economic zone
Middle East

Cyprus takes legal action against firms encroaching its exclusive economic zone

NICOSIA (Reuters) – Cyprus has initiated legal proceedings against three companies involved in gas drilling by Turkey to the west…
Egypt warns Turkey against starting drilling activities off Cyprus
Egypt

Egypt warns Turkey against starting drilling activities off Cyprus

Egypt’s Ministry of Foreign Affairs warned Turkey not to start drilling for natural gas off Cyprus, as it would impact…
Greece’s Energean discovers natural gas reserve offshore Israel
Middle East

Greece’s Energean discovers natural gas reserve offshore Israel

LONDON (Reuters) – Greek energy firm Energean has made a vast discovery of 28-42 billion cubic meters of natural gas…
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