The move, which reallocates assets such as HBO Max and CNN, is the latest reflection of how streaming is remaking a media business in which Warner Brothers Discovery and other legacy players traditionally garnered considerable revenues
Saudi Arabia announces major gas discovery in Jafurah
Riyadh, Saudi Arabia--Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz revealed on Sunday that an additional 15 trillion standard cubic feet of gas have been proven at Saudi state oil company Aramco's Jafurah field, in addition to 2 billion barrels of condensates. Reserves at Jafurah had reached 229...
Archaeological sites discovered in Southern Saudi Arabia
ABHA, SAUDI ARABIA - The Heritage Commission announced its most prominent discovery in Jurash, Asir region, as one of the most important archaeological sites in the south of the Kingdom, a report on Tuesday said. These were the result of strenuous excavations taking place during its 15th season in 2023....
Dragon Oil starts oil production
The Al Wasl field is its first oil discovery in Egypt.
Saudi’s Maaden announces discovery of new gold reserves
Riyadh, Saudi Arabia - Saudi Arabian Mining Company (Maaden) on Thursday announced a discovery of substantial gold reserves, marking a significant milestone in their exploration efforts. Initiated in 2022, the company's exploration program led to discovery of a promising gold resource potential spanning across a 100-kilometer stretch from the existing...Hamas talks down discovery of Gaza tunnel by Israel
Dubai, UAE--A Hamas official on Monday said one of the group's tunnels revealed by the Israeli army in Gaza had "successfully" accomplished its mission, downplaying the Israeli announcement of its discovery. On Sunday the Israeli army showed images of what it said was the biggest Hamas tunnel uncovered so far...Egypt dig unearths 41-million-year-old whale in desert
With an estimated length of 2.5 metres (eight feet) and a body mass of approximately 187 kilogrammes (410 pounds), Tutcetus is the smallest species so far found from the basilosaurids, the oldest known whales that lived exclusively in the water. Team leader Hesham Sallam, of the American University in Cairo...
Turkey discovers oil field with 100k barrels daily capacity: Erdogan
The oil field discovery is set to yield a daily production of up to 100,000 barrels that will help Turkey boost energy exports and its goal to achieve energy self-sufficiency. The news comes in the wake of another oil discovery made in December, considered to be one of the ten...Iran announces discovery of large lithium deposit
TEHRAN, IRAN - Iran has announced the discovery of a large deposit of lithium, a key component of batteries for electric vehicles and electronic devices, state media reported Saturday. "For the first time in Iran, a lithium reserve has been discovered in Hamedan", in the west of the country, state television...
Algeria discovers oil and gas fields in Sahara desert
Algerian state oil firm Sonatrach announced on Monday new oil and gas discoveries in the North African country's Sahara desert, including a find made with Italian major Eni.
Eni of Italy discovers three new oil and gas wells in Egypt
Eni of Italy has discovered three new oil and gas wells in Egypt, according to the Egyptian Ministry of Petroleum.
Turkish discovery of gas in Black Sea to raise EU production capacity by 25%
Following the discovery of gas by Turkey in the Black Sea, the European Union's gas production capacity is likely to increase by 25 percent.
