The offshore Aphrodite natural gas field being developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners in the project said on Wednesday.
QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.
Iran's foreign minister told his Iraqi counterpart on Friday that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry statement said, as the two countries try to resolve Baghdad's huge unpaid bills.
About 350,000 barrels per day of U.S. crude is lining up to be delivered versus the international Brent benchmark, consultancy Facts Global Energy estimated, as WTI Midland becomes the first non-North Sea grade to be included in the world's most important oil benchmark.