NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black Sea from OMV Petrom SA. “With the closing of the transaction ...

Egypt has just launched a new oil and gas bid round and is inviting international companies to bid for 13 offshore and ...

Yossi Abu, CEO of NewMed Energy, (photo credit: MARC ISRAEL SELLEM) Yossi Abu, CEO of NewMed Energy, participated in the 2025 Maariv and Walla Economic Conference yesterday at the Carlton Hotel in ...

Shell signed a contract with Bulgaria's government on Tuesday (April 15) giving the oil and gas multinational major rights to ...

Cyprus says energy company Chevron will begin a survey of the east Mediterranean seabed this summer to prepare for a pipeline connecting a sizable natural gas deposit to processing facilities in Egypt ...

Shell has signed a contract with Bulgaria's government for the rights to explore for oil and gas in the Black Sea, the country's energy minister said.

Bulgaria has signed a five-year agreement with Shell to explore for oil and gas in Block 1-26 Khan Tervel, located within the country’s exclusive economic zone in the Black Sea ...

NewMed Energy reported record results in the third quarter of 2024, with net profit jumping 25% to $147 million as production from its Leviathan gas field reached an all-time high of 3.1 billion ...

NICOSIA, Cyprus — (AP) — Energy company Chevron will begin a survey of the east Mediterranean seabed early this summer to prepare for a pipeline connecting a sizable natural gas deposit in ...