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OPEC meets non-OPEC nations for oil talks

  VIENNA / Reuters Officials from OPEC and non-member oil producing countries met on Saturday aiming to build support for an OPEC plan to reduce output one day after OPEC members were unable to agree on how to implement the deal. Arriving for the meeting with OPEC’s High Level Committee of exporters, only the representative of non-OPEC Azerbaijan made comments ...

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Israel sees higher chance of gas export to Europe via Greece

  Bloomberg Senior officials from Italy, Greece, Cyprus and Israel agreed to advance talks on a pipeline from Israel to Europe after an EU-sponsored study showed the project would be “very feasible,” Israel’s Energy Minister Yuval Steinitz said in an interview. The study showed the pipeline, which would traverse Cyprus and Greece before reaching Italy, would cost about 5 billion ...

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Egyptian Palm Hills expects deal on mega-project

  CAIRO / Reuters Egyptian property company Palm Hills expects to sign a revenue-sharing deal with the government this year to develop what would be the country’s second-largest real estate project, one of its co-chief executives said. The country’s property sector has boomed in recent years as the population grew to more than 91 million, with demand driven higher by ...

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