Gas
UAE exit weakens OPEC+ power over oil market but group to stay together, sources say - analysis
The exit would complicate OPEC+'s efforts to balance the market through supply adjustments because the group would have control over less of the global production.
Nations to discuss fossil fuel exit as Strait of Hormuz blockade drives up prices
EU focuses on electricity tax cuts, gas storage amid Iran war energy crisis
EU warns of summer fuel shortages as Iran war drives global energy crisis
Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023
Fuel prices will drop below 7 shekels per liter for the first time since 2023, with the new rate of 6.85 shekels taking effect on January 1, the energy ministry announced.
Following shutdown, Iraq expects Iranian gas supplies to resume within a week, official says
The electricity ministry said on Tuesday that the flow of gas from Iran had been halted due to the shutdown of some generating units and load shedding at others.
Iraq says gas supplies from Iran have been halted as Trump's 'maximum pressure' campaign kicks in
The ministry reported that 4,000 to 4,500 megawatts of power have been lost from the electrical system due to the halt in Iranian gas supplies.
Israel signed NIS 112 billion gas deal with Egypt, Netanyahu announces
Some NIS 58 billion will go directly to state coffers, he said, standing beside Energy and Infrastructure Minister Eli Cohen.
Bank Hapoalim leads NIS 5B financing for Israel’s Kesem power plant
Bank Hapoalim said the deal reflects its leading role in national infrastructure financing, in general, and in the conventional energy sector.
San Francisco gas explosion injures at least six, damages homes, causes fire in Bay Area
A gas explosion in Hayward, California, injured at least six people and caused significant damage to multiple buildings. The National Transportation Safety Board is investigating the incident.
Long-awaited gas export deal with Egypt to be signed 'in days,' source tells 'Post'
The agreement, valued at $35 billion, will enable the export of gas from Israel’s Leviathan reservoir to Egypt through 2040.
Israeli scientists develop method to accelerate carbon capture, reducing industrial emissions
“The goal was to understand what’s really happening when carbonate rocks encounter high levels of carbon dioxide,” the study’s lead researcher explains.
Iranians brace for Saturday fuel price surge as Islamic Republic's economy braces for worst
The proposal had been repeatedly postponed over fears it could trigger unrest similar to deadly protests sparked by a fuel price hike in 2019.
US seeks to arrange Netanyahu–Sisi meeting, pushing Israel to expand regional economic ties - Axios
The two leaders have not officially met since before the start of the Israel-Hamas War.
