BP and SOCAR secure offshore gas licenses in Israel, a strategic move as Israel strengthens its role in the global energy ...

The Israeli Energy Ministry has indicated that more licences are expected to be granted, with a fifth bidding round planned for later in the year.

Israel awarded licenses to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore natural gas ...

BAKU. March 18 (Interfax) - The State Oil Company of Azerbaijan Republic (SOCAR) and Israeli company Union Energy have signed a memorandum of understanding on joint exploration for gas in Israel's ...