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Chevron's local partners in Israel's Leviathan gas and condensate field binned a potential contract to supply natural gas from the Mediterranean project to two planned domestic power plants.
GeoIntelX announced today a strategic partnership with the Society of Economic Geologists (SEG). Through this collaboration, more than 100 years of SEG publications, including technical research papers, maps, figures, and geological datasets will be integrated into GeoIntelX's AI-powered geospatial intelligence platform, GIX.
Oil prices are jumping on Middle East risk, Treasury yields are pressing multi decade highs, and central bankers keep talking tough. That mix is reshaping the way money moves through global energy stocks and creating potential openings for investors willing to separate noise from real pricing power. This article walks through 3 large integrated oil and gas stocks exposed to these headlines and explains how the same news can reshape each opportunity in very different ways. The stocks covered...
Chevron and Egypt are seeking to accelerate agreements needed to connect Cyprus’ Aphrodite gas field to Egyptian infrastructure, as Cairo looks to strengthen its role as an Eastern Mediterranean gas hub.
NewMed Energy and GeoIntelX have announced their collaboration to enhance NewMed's exploration and production of natural gas in its assets through GIX, GeoIntelX's geospatial intelligence platform.
NewMed Energy LP (DKDRF) reports a 53% surge in net profit to $117 million, fueled by higher production and gas prices, while advancing key projects like Leviathan and Aphrodite.
Shell agreed to sell its BG Cyprus unit, holder of a 35% stake in the Aphrodite gas field, to Hungary's MOL Group for $720 million.
The 20-year contract, which excludes the U.S. energy giant, initially involves up to about 1.3 billion cubic meters.
As most Gulf markets experience a downturn due to ongoing regional tensions and uncertainty, investors are increasingly looking for stable income opportunities amidst the volatility. In such an environment, dividend stocks can offer a reliable source of returns by providing regular income streams, making them an attractive option for those seeking stability in their investment portfolios.
Israel has ordered Energean to restart the Karish offshore gas platform, the second field back online following a U.S.-Iran ceasefire.
Despite a decline in net profit, NewMed Energy LP (DKDRF) showcases resilience through strategic project expansions and significant cost savings.
CVX suspends Leviathan gas production after Israeli security orders, disrupting regional supply and casting uncertainty over expansion plans.
The project has raised Leviathan's gas production capacity to about 494 billion cubic feet a year.
Chevron has declared force majeure at Israel’s Leviathan natural gas field after the government ordered a temporary suspension of production on security grounds
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