Saving gas in sub-zero temperatures: Netzagentur fears a cold spell

Saving gas when the temperature is below zero Netzagentur fears a cold snap 12/12/2022 2:33 am Households and industry have recently consumed significantly less gas than on average in recent years. The Federal Network Agency’s savings targets were nevertheless missed. Authority chief Müller is concerned about the weather forecast for the next few days. The … Read more

Minister of Petroleum: Announcing the discovery of the “Narges-1 X” gas well in the Mediterranean soon

Engineer Tarek El-Molla, Minister of Petroleum and Mineral Resources, said that the coming period will witness the announcement of the discovery of a new gas well called “Narges-1 X” in the Mediterranean Sea, in the concession area granted to the Italian companies Chevron, Eni and the Egyptian Tharwa. This came during statements on the sidelines … Read more

American energy giant Chevron announces the discovery of a gas well near Arish

The “MEES” website, which means oil and economic forecasts in the Middle East, revealed that Chevron, the American gas and petroleum giant, announced the discovery of a new gas well called “Narges-1 X”, in the offshore Narges area near Al-Arish. The Nargis well (in which Chevron operates at 45%, Eni at 45% and state-run Tharwa … Read more

EU leaders agree on measures to ‘contain energy prices’

Posted in: 21/10/2022 – 04:29 European Council President Charles Michel announced that the leaders of the 27 member states of the European Union agreed to “work on measures” aimed at stopping the rise in energy prices. This comes after European Union countries accused Germany of taking a lonely path in the energy crisis, and French … Read more

Reuters: Hezbollah reviews the Lebanese-Israeli draft understanding and scrutinizes it “line by line”

Before the Lebanese government agreed to a US-brokered agreement to settle a decades-old maritime border dispute with Israel, the powerful Hezbollah had carefully reviewed the final draft and signaled its acceptance. To be sure, Iran-backed Hezbollah, labeled a terrorist group by Washington and a sworn enemy of Israel, was nowhere near the negotiating hall during … Read more

Deputy Prime Minister of Lebanon: The maritime border agreement with Israel does not reduce the need for immediate financial reforms

Lebanese Deputy Prime Minister HE Al-Shami said on Tuesday that Lebanon’s maritime agreement with Israel “does not in any way diminish” the need for immediate financial reforms. Al-Shami headed a Lebanese delegation in Washington, DC, last week to attend the annual meetings for the IMF and the World Bank. Since the beginning of June, developments … Read more