Monthly Archives May 2021

The Growing Alignment Between the Gulf and the Eastern Mediterranean

The synergies between the Gulf and the eastern Mediterranean theaters have grown substantially in recent years. Speaking at a meeting in Paphos, Cyprus in mid-April 2021 with his counterparts from Greece and Israel, as well as the former minister of state for foreign affairs of the UAE (now an advisor to the UAE president), the Cypriot foreign minister noted, “The evolving web of regional cooperation is creating a new narrative.” A week later, UAE and Israeli fighter jets flew together publicly — for the first time — in an international aerial exercise hosted by Greece. How can we explain the signs of growing
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Categories: Uncategorized.

How geothermal energy could power the future

  Miles below the Earth’s surface, there’s enough thermal energy to power all of humanity for the foreseeable future. It’s called geothermal energy, and it’s poised to play an increasingly large role as a source of always-available, renewable power. Today, there are a number of startups in the geothermal space, working to figure out how to access this heat in difficult-to-reach geographies, at a price point that makes sense. The drive is even getting the attention of oil and gas industry giants, interested in greening their portfolios, while sticking to their core competencies – extracting energy resources from deep within
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Categories: News.

Israel-Cyprus gas talks disappoint Ishai partners

Last week talks began between the two groups holding the two parts of the Aphrodite offshore gas field. The largest part is in Cypriot economic waters and is owned by Delek Drilling LP (TASE: DEDR.L), Chevron and Shell. The smaller part, known as the Ishai gas field, is in Israeli economic waters and owned by four Israeli companies – Israel Opportunity, Nammax Oil & Gas, Petroleum Services Holdings (PSH), and Eden Energy. The fact that the same field stretches across the border of the economic waters of the two countries requires economic arrangements on the matter. To continue reading the original Globes article 
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Categories: News.