Yossi Abu, who participated in the Maariv and Walla Economic Conference, spoke about granting exploration licenses to a ...

The Israeli Energy Ministry has indicated that more licences are expected to be granted, with a fifth bidding round planned ...

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black ...

As part of the licensing for Cluster I, located near the Leviathan field, Socar will be the operator of the exploration ...

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BP and SOCAR secure offshore gas licenses in Israel, a strategic move as Israel strengthens its role in the global energy ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Sources have informed Globes that SOCAR, as the operator in a consortium with British Petroleum (BP) and Yitzhak Tshuva's NewMed Energy to search for gas in Block I in the northwest of Israel's ...

Israel has awarded natural gas exploration licences to BP, Socar and NewMed Energy as part of efforts to enhance domestic gas reserves and expand exports. The consortium, which jointly bid for two ...

BP plc BP, the UK-based energy major, and Azerbaijan’s SOCAR have entered Israel’s offshore gas sector through a joint licensing agreement with NewMed Energy, the Israeli Energy Ministry ...