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Pump jacks in an oil field
/ Uncategorized

Delek, Noble Complete $520 Million Acquisition of EMG Gas Pipeline

Tel Aviv-listed gas company Delek Group and Texas-based Noble Energy announced on Sunday the completion of a $520 million deal to acquire the Eastern Mediterranean Gas Co. (EMG) gas pipeline. Egyptian partner the Egyptian Natural Gas Holding Company (EGAS) paid ...
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american-flag
/ Uncategorized

US, Allies Working to Offset Loss of Iranian Oil, Mnuchin Says

The United States is working with allies to ensure adequate global oil supplies after its sanctions barred nations from buying Iranian crude, US Treasury Secretary Steven Mnuchin said on Friday. Mnuchin spoke to reporters during a trip to India — ...
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energy
/ News

Domestic energy producers, the Middle East and Israel

The growing sophistication of domestic oil and natural gas production has enhanced the US national security. It has transformed the leader of the free world from a major importer of crude oil to the world's top producer of both crude ...
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Oil
/ News

IEA Cuts Oil-Demand Outlook as Economy Eclipses Saudi Attack

The International Energy Agency cut forecasts for growth in global oil demand, noting that fears of an economic slowdown are overshadowing the loss of supply during last month’s attack on Saudi Arabia. The strike on the kingdom’s production facilities caused ...
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Oil Climbs to $60 as Iran Tanker Attack Reignites Mideast Risk
/ Events

Oil Climbs to $60 as Iran Tanker Attack Reignites Mideast Risk

Oil jumped to $60 a barrel after reports of missile strikes on an Iranian tanker off the coast of Saudi Arabia reignited fears over military escalation in the world’s most important crude-producing region. Brent futures surged about $1 a barrel ...
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