Israel to Build New Gas Pipelines with Turkey, Italy
Friday, 3rd February 2017
Israel's royalties from the production of natural gas came to $798b in 2016. The country is also advancing the construction of a gas pipeline to Turkey and at the same time constructing a pipeline to Italy, Greece and Cyprus.
Shell CEO: Petrobras Should Cede Stakes to Foreign Firms
Monday, 22nd February 2016
Brazil's state-run oil giant Petrobras should cede some of its drilling rights to foreign companies, the Royal Dutch Shell CEO, Ben van Beurden, said. The Brazilian government was reported to be considering these changes in an effort to take some debt pressure off Petrobras.