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Gas

The Eastern Mediterranean faces a new escalation of tensions

The Eastern Mediterranean may once again soon become one of the most sensitive flashpoints in global politics as, according to Bloomberg, Türkiye is preparing draft legislation to formalise its claims to disputed maritime zones in the Aegean and Eastern Mediterranean.

11 May 2026-10:29
Macquarie beats profit estimates on commodity boost, shares hit record high

Top Australian investment bank Macquarie (MQG.AX), opens new tab reported its biggest annual profit in three ‌years on Friday, beating market consensus, as its key commodity division benefited from a rise in client hedging activity amid heightened market volatility.

08 May 2026-04:53
Egypt signs deal to rehabilitate Lebanon’s gas network

Egypt and Lebanon signed an agreement on Wednesday to rehabilitate Lebanon’s gas pipelines and energy infrastructure, marking a new step in regional efforts to revive cooperation through the Arab Gas Pipeline.

07 May 2026-09:50
Australia moves to shield gas prices from global spikes

07 May 2026-09:22
Turkmenistan’s “Gates of Hell” fires slowly dim but methane concerns remain

The decades-long flames at Darvaza gas crater in the Karakum Desert, known as the “Gates of Hell,” are reportedly weakening after burning continuously since the 1970s.

05 May 2026-17:02
Chevron expands Mediterranean activities with exploration offshore Malta

05 May 2026-17:02
Nigeria targets zero gas flaring to boost energy transition

The Nigerian government has reaffirmed its commitment to ending gas flaring as a key part of its National Gas Expansion Programme and broader energy transition goals.

05 May 2026-10:47
Gas explosion traps 14 miners in central Colombia

A gas buildup triggered an explosion at a coal mine in Colombia’s central Cundinamarca department, leaving 14 miners trapped and two others evacuated, local authorities reported.

05 May 2026-03:45
Germany to transfer decommissioned Lubmin gas plant to Ukraine

A gas-fired power plant near Lubmin, Germany, will be transferred to Ukraine as humanitarian energy assistance.

04 May 2026-20:17
Egypt unveils new gas discovery in Nile Delta

Egypt's Ministry of Petroleum and Mineral Resources announced Saturday a new gas discovery in the Nile Delta region of northern Egypt.

02 May 2026-15:55

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