Delek Drilling said it is negotiating a deal to provide seven billion cubic meters of natural gas from the offshore Leviathan gas field to British company BG’s plant in Idku, Egypt, through an underwater pipeline annually for 15 years. More »
Despite political turmoil that has rocked Egypt for most of this decade — the 2011 revolution that overthrew longtime strongman Hosni Mubarak and last year’s ouster of elected President Mohammed Morsi — Apache executives remain enthusiastic about their prospects there and say the political situation hasn’t affected production. More »
Economic growth in the United States will cause demand for diesel to rise over coming decades, even as gasoline use continues a steady decline, according to a federal analysis released this week. More »
A Hunt Oil executive and others are planning to put together a staff of cyber-security experts this year to form a new group that will collect information and analyze cyber-attacks on the oil and gas industry. More »
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