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Israeli gas company announces $15B export deal with Egypt

Israeli energy company Delek Drilling has announced a $15 billion deal to supply natural gas to Egypt. Delek and its U.S. partner, Noble Energy, signed a deal Monday to sell a total of 64 billion cubic meters of gas over a 10-year period to Egyptian company Dolphinus Holdings. Yossi Abu, ...

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US Oil Stocks Rise, Refining Rates Cut

U.S. crude stocks rose less then expected last week, while gasoline stocks rose by more than analysts had forecast as refineries cut output, data from the Energy Information Administration showed on Wednesday. Crude inventories rose by 1.8 million barrels in the week to Feb. 9, short of analysts’ expectations for ...

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