Thursday, January 9, 2025

Pipeline Snag to Delay Israel Gas to Egypt for 3 Months

From Bloomberg Egypt will begin receiving gas from Israel under a $15 billion deal around the middle of the year, after unexpected issues with the pipeline connecting the countries delayed the start-up by several months, people familiar with the situation said. Shares of the largest Israeli partner in the gas fields fell. Egyptian Oil Minister Tarek El-Molla told the CERAWeek

Algeria’s Political Turmoil Casts Doubt on Oil and Gas Deals

From The Wall Street Journal A contentious political transition in Algeria is creating uncertainty around a number of foreign investment deals in Africa’s largest natural gas-producing country. In recent weeks, Exxon Mobil Corp. has held off on signing a preliminary deal with Algeria’s state-run Sonatrach, and companies including BP PLC and Norway’s Equinor have expressed concern about how Algeria’s political turmoil might affect oil and

Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

Wastewater – Private Equity’s New Black Gold in U.S. Shale

From Reuters Mike Christensen strides among rows of gleaming steel tanks, pointing to pipelines that arrive from miles around to this corner of former farmland near Midland, Texas, the heart of the largest oil patch in the United States. His company is one of dozens opening sites like this one that handles, not the lucrative oil, but the shale industry’s