Day: 14 January 2022

Author | Legal Icon | Energy Expert

Eni Receives Five New Exploration Licenses On- and Offshore Egypt

Eni has received five new exploration licences in Egypt's Eastern Mediterranean Sea (Blocks EGY-MED-E5 and EGY-MED-EG6), Gulf of Suez (EGY-GOS-13), and Western Desert (Blocks EGY-WD-7 and EGY-WD-9). In a statement,...
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EIA Predicts Oil Prices Will Drop in 2022 and 2023

The US Energy Information Administration (EIA) warned in its January Short-Term Energy Outlook (STEO) that global inventory building owing to supply growth surpassing demand growth will push oil prices lower...
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