Bloomberg Israel formally invited bids for 24 new oil-and-gas exploration licences off its Mediterranean coast on Tuesday, the first in four years. “We are offering for exploration half of our economic waters in 24 blocks,” Energy Minister Yuval Steinitz said, announcing the offer which closes on April 21. “Estimates are that most of the natural gas in Israel’s economic ...

  AFP Demand for natural gas will grow in 2017 but at a slower rate than in recent years, Qatar’s energy minister said on Thursday ahead of a meeting of exporting countries. Mohammed Saleh al-Sada said ministers of the Gas Exporting Countries Forum (GECF) would discuss “long-term strategy” at Thursday’s meeting in Doha. “The big news, of course, is that ...

  AFP Fatima was already struggling to find cancer drugs for her father when a devaluation of the Egyptian pound this month caused the imported medicine to disappear altogether. “Before, I could still find it if I searched in several pharmacies. Today I can’t,” said the 34-year old teacher, who asked not to be named in full. A dollar crunch ...