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Eni boosts Egypt output to 350,000 boe/d, adding new discoveries

12 hours ago DieselGasoil Comments Off on Eni boosts Egypt output to 350,000 boe/d, adding new discoveries
Highlights Eni Egyptian output rises 30% from 2018 Gas field production boosting LNG exports Boasts discoveries in all oil and gas provinces London — Italy’s Eni started production Tuesday from a recent oil find in Egypt’s Western Desert and announced several new oil and gas discoveries, saying it has raised its Egyptian production by around Read More

The Suez Canal and SUMED Pipeline are critical chokepoints for oil and natural gas trade

17 hours ago DieselGasoil Comments Off on The Suez Canal and SUMED Pipeline are critical chokepoints for oil and natural gas trade
July 23, 2019 Source: U.S. Energy Information Administration The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and liquefied natural gas (LNG) shipments to Europe and North America. Located in Egypt, the Suez Canal connects the Red Sea with the Mediterranean Sea, and it is a critical Read More

French submarine that disappeared with 52 sailors on board in 1968 found

2 days ago DieselGasoil Comments Off on French submarine that disappeared with 52 sailors on board in 1968 found
A French Navy submarine which inexplicably disappeared off the Toulon coast in the Mediterranean on January 17, 1968 has finally been rediscovered over five decades later. The Minerve disappeared without a trace with 52 sailors on board, amid speculation that a faulty rudder, a possible collision with another vessel, or even a torpedo or missile Read More

Greece offers opportunity for Turkey if drilling disputes are resolved

4 days ago DieselGasoil Comments Off on Greece offers opportunity for Turkey if drilling disputes are resolved
7/19/2019 WASHINGTON – Greece’s foreign minister said his country could work together with Turkey to exploit natural resources while urging Ankara to settle its dispute with the European Union over offshore drilling in the Mediterranean. Nikolaos Dendias said in an interview in Washington that there are a wide range of issues where Greece could cooperate Read More

Strong earthquake in Athens sends people running out into streets

5 days ago DieselGasoil Comments Off on Strong earthquake in Athens sends people running out into streets
A strong earthquake has struck Athens, causing people to run out into the streets of the Greek capital and causing minor injuries. The quake was initially measured at magnitude 5.1 by the Athens Institute of Geodynamics, but the US Geological Survey gave it a higher preliminary reading of 5.3. It hit at 2.13pm local time Read More

IEA says does not expect ‘huge increase’ in crude prices

5 days ago DieselGasoil Comments Off on IEA says does not expect ‘huge increase’ in crude prices
FILE PHOTO: International Energy Agency Executive Director Fatih Birol speaks during the “Rome 2015 MED, Mediterranean dialogues” forum in Rome, Italy, December 11, 2015. REUTERS/Max Rossi/File Photo NEW DELHI (Reuters) – The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude Read More

Iran says it seized ship for smuggling, stoking tensions

5 days ago DieselGasoil Comments Off on Iran says it seized ship for smuggling, stoking tensions
7/18/2019 TEHRAN – Iran said it seized a foreign ship that was smuggling fuel in the Persian Gulf, an act that threatens to heighten already tense relations in the world’s biggest oil-exporting region. The description of the vessel looks similar to that of a tanker that disappeared from global satellite tracking systems four days ago. Read More

Lukewarm interest to Israel’s offshore tender highlights East Med uncertainty

6 days ago DieselGasoil Comments Off on Lukewarm interest to Israel’s offshore tender highlights East Med uncertainty
London — Lower-than-expected interest for Israel’s second offshore licensing round has highlighted some uncertainty in monetizing gas resources from this hotspot region. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Israel’s ministry of energy announced Tuesday that it had received just two bids from international consortia, despite reports that Read More

Lebanese brave badly polluted water to swim at public beaches

7 days ago DieselGasoil Comments Off on Lebanese brave badly polluted water to swim at public beaches
BEIRUT (Reuters) – On a beach in northern Lebanon, men and women swim in the Mediterranean’s warm blue waters close to a sewage outlet, while children play in sand that is strewn with litter. A fisherman dangles his line to catch fish in polluted water off Beirut’s seaside Corniche, Lebanon June 23, 2019. REUTERS/Mohamed Azakir Read More

Lionfish invasion in Cyprus? If you can’t beat ’em, eat ’em

7 days ago DieselGasoil Comments Off on Lionfish invasion in Cyprus? If you can’t beat ’em, eat ’em
LARNACA, Cyprus (Reuters) – “Wanted”, says the poster of a lionfish on the quay side in Larnaca marina. Dead, or fried. Lionfish is seen cooked after a dive at the Zenobia, a cargo ship wreck off Larnaca, Cyprus July 15, 2019. REUTERS/Yiannis Kourtoglou Or even grilled, filleted or in a risotto. An EU-funded project has Read More