BP and Abu Dhabi National Oil Company suspend major purchase in Israeli gas firm
BPBP(BP) CNBC·2024-03-13 20:28

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal beach of Nasholim, on August 29, 2022. DUBAI, United Arab Emirates — Plans for a 50% stake purchase by energy major BP and Abu Dhabi National Oil Company (Adnoc) in Israeli gas producer NewMed are on hold because of regional turbulence, NewMed said Wednesday. The three companies "have agreed, due to the uncertainty created by the external environment, to suspend discussions in rel ...