The Gaza Marine field was discovered in 2000 by British Gas, which had signed a 25-year exploration deal with the Palestinian Authority in 1999 under the Oslo II Accord that gave Palestinians ...

Gaza Marine is dwarfed by another resource, the Meged oil and gas field situated largely under the West Bank. It was found in the 1980s. Production has taken place since 2010.

In addition, Israel has enlarged its “security zone,” also called a buffer zone, along Gaza’s borders with Israel and Egypt. The military says the move is meant to prevent a Hamas attack ...

North Gaza and Gaza City have also seen the most damage to tree crop fields. By September 2024, over 90% of all tree crops in Gaza City had been destroyed, and 73% had been lost in north Gaza.

Royal Dutch Shell is giving up its stake in an undeveloped natural gas field off the Gaza Strip, sending the Palestinians looking for a new foreign group to replace it, Palestinian officials said ...

Egypt's petroleum minister confirmed on Tuesday a framework agreement had been reached to develop the Gaza Marine gas field offshore Gaza and talks were under way to conclude a final deal.

Oil prices have paused their ascent following the outbreak of war between Israel and Hamas as a major Israeli ground offensive inside the Gaza Strip has so far failed to materialize. Brent crude ...