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Israel News

 

Oil Dips on Larger US Crude Draw, Russia Sanctions

Jan 16, 2025

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.Brent crude futures were down 12 cents…

The Five Trends Driving Offshore Oil & Gas in 2025

Dec 23, 2024

[1] Flat Outlook for Global Spend … but … Aadvantaged Projects Attract CapitalWith concerns of a softening oil market, we expect global upstream investment to remain flat or even fall – indeed, the reported 2025 budgets to date show a 3-4% drop…

Israeli Firm Launches Middle East’s First Grid-Connected Wave Energy Plant

Dec 09, 2024

Eco Wave Power has officially switched on wave energy power plant, developed in collaboration with EDF Renewables IL, at Tel Aviv’s Port of Jaffa.The EWP-EDF One project has 100 kW installed capacity and is comprised of 10 wave energy floaters…

Current News

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Oil Drops 7% After Trump Predicts War Could End Soon

Oil Drops 7% After Trump Predicts War Could End Soon

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

Offshore Tech: Seadrill Adopts igus’ Modular Energy Chains

Offshore Tech: Seadrill Adopts igus’ Modular Energy Chains

OSV Market: Asia Pacific Downshifts for the Long Haul

OSV Market: Asia Pacific Downshifts for the Long Haul

Valeura Lifts Output with Three Producing Wells at Thailand’s Manora Field

Valeura Lifts Output with Three Producing Wells at Thailand’s Manora Field

Governments Move to Shield Economies as Oil Jumps 25%

Governments Move to Shield Economies as Oil Jumps 25%

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