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bp confirmed a significant gas condensate discovery at the Volans-1X exploration well in Namibia’s Orange Basin, marking the company’s eleventh…
Sidi Kerir Petrochemicals Company (SIDPEC) raised its issued and paid-in capital from EGP 1.814 billion to EGP 2.268 billion, almost…
Industry officials were in alignment during the Energy Intelligence Forum in London this week. Oil markets are softening amid seasonal…
Egypt and Cyprus signed two commercial agreements for transporting natural gas from the Cypriot Cronos field to Egypt on the…
As Algeria seeks to strengthen its role as an energy supplier to international markets while meeting domestic demand, the country’s…
U.S. President Donald Trump reaffirmed that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while…
The Ministry of Petroleum and Mineral Resources (MoPMR) held a workshop to explain the provisions of the new Labor Law…
Less than a week after finalizing a shareholder restructuring program that deleveraged its balance sheet, Saudi Arabia’s Petro Rabigh refining…
The Petroleum Projects and Technical Consultations Company (PETROJET) has secured a $1.08 billion contract to develop the second phase of…
Oil prices fell sharply on Monday as markets opened, driven by forecasts suggesting prices could drop below $50 a barrel…