Milan – The Italian gas and oil company Eni says that a gas discovery off the coast of Mozambique is 50% larger than previously announced. Eni said in a statement on Thursday that it now expects to find a total of 22.5 trillion cubic feet of gas in the Mamba South 1, Area 4. Earlier [...]
Apr 27th, 2011
Dozens of protesters gathered in front of the Israeli embassy in Cairo on Wednesday demanding Egypt sever ties with and end gas exports to the Jewish state. Massed on a bridge next to the high-rise building where the embassy is located, they chanted: “the people demand the cancellation of norma...
Apr 23rd, 2011
Egypt on Saturday ordered former energy minister Sameh Fahmy and six other officials to stand trial on charges related to a natural gas deal with Israel, the public prosecutor said. The decision is part of a crackdown on graft during the 30-year rule of deposed President Hosni Mubarak by the governme...