
Industry
Hungarian energy group buys Shell's Cyprus gas stake for up to $720m
Hungarian oil and gas group MOL is buying Shell's 35 percent interest in the Aphrodite gas field offshore Cyprus, in a deal worth up to 720 million dollars.
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Industry
Egypt inspects deepwater drillship as it expands Mediterranean gas search
Egypt's petroleum minister has inspected the deepwater drillship Stena IceMax as the country pushes to expand natural gas exploration in the Mediterranean.
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