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BP and ADNOC buying stake in Israel s NewMed for nearly $3 99 billion

BP and ADNOC have made a non-binding offer to take NewMed private through an acquisition of the free float and Delek’s partial stake.

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NewMed Pressing Ahead with Capricorn Merger Ahead of Feb 1 Vote

Israel's NewMed Energy LP said on Sunday it was making final arrangements for a merger with UK-based Capricorn Energy, whose…

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Israeli player sees enormous potential for gas & oil off Morocco

Israel’s NewMed Energy has inked deals for natural gas and oil exploration and production activities in a license off Morocco.

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