Egyptian natural gas companies have been ordered through arbitration to pay the Israel Electricity Corporation US$1.76 billion in compensation over a gas supply cut, the Israeli firm said Sunday.
As Israel prepares to push through a long-delayed landmark natural gas deal, Prime Minister Benjamin Netanyahu is facing a growing backlash by protesters who accuse him of using shady backroom dealings and strong-arm tactics to push through the plan.
While the golden domes of Turkmenistan's presidential palace hint at the country's fantastic gas wealth, the reclusive Central Asian country remains a slumbering giant in the high stakes game of energy politics.
Iran is seeking US$25 billion in investments from 50 deals involving international oil and gas companies, foreign executives were told Saturday in Tehran as the government outlined new contractual terms.
Political science lecturer Amjad Abu el-Ez lived in London and Dubai for 17 years before returning home in 2014 to teach in the northern West Bank city of Nablus. He was stunned to learn he could barely check his email on the commute from his nearby village because Palestinian mobile carriers do not offer high-speed data.
Flights to and from two northern Iraqi airports were suspended for 48 hours beginning on Monday due to danger posed by Russian cruise missiles heading for neighboring Syria, officials said.
Russia has finalized a contract for the delivery of advanced air-defense missile systems to Iran, the head of a Russian state-controlled industrial conglomerate said Monday.