energy
‘Axis of love’: Saudi-Russia detente heralds new oil order
World
June 1, 2017
‘Axis of love’: Saudi-Russia detente heralds new oil order
A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship…
Russia’s Rosneft eyes joint oil supplies to Egypt with Italy’s Eni
Business
May 18, 2017
Russia’s Rosneft eyes joint oil supplies to Egypt with Italy’s Eni
Russia’s largest oil producer Rosneft and Italian energy company Eni have signed an agreement to broaden cooperation, including in possible…
Saudis take 100% control of America’s largest oil refinery
Business
May 2, 2017
Saudis take 100% control of America’s largest oil refinery
Saudi Aramco, the kingdom's state-owned oil behemoth, took 100% control of the sprawling Port Arthur refinery in Texas on Monday,…
Iran boosts gas production from underwater field
Business
April 17, 2017
Iran boosts gas production from underwater field
Iran said Sunday that it has more than doubled production at a giant undersea gas reservoir over the last four…
Saudis, oil majors discuss gas investments ahead of giant IPO
Business
April 12, 2017
Saudis, oil majors discuss gas investments ahead of giant IPO
Saudi Arabia and international oil companies have discussed gas venture opportunities inside the kingdom and abroad as part of the…
Petroleum Minister, EU officials meet to boost cooperation in energy projects
Business
April 12, 2017
Petroleum Minister, EU officials meet to boost cooperation in energy projects
Petroleum Ministry Tareq el-Molla met with Christian Danielsson, Director-General for European Neighbourhood Policy and Enlargement Negotiations, and Ivan Surkos, Head of the European Delegation…
France to fund energy projects in Egypt worth 175 million Euros: Minister
Business
December 27, 2016
France to fund energy projects in Egypt worth 175 million Euros: Minister
France will fund energy projects in Egypt for a sum of 175 million euros, including 150 million euros toward electricity…
Oil prices, US dollar leap on OPEC deal news
Business
December 1, 2016
Oil prices, US dollar leap on OPEC deal news
Oil prices and energy shares swept higher on Thursday after OPEC agreed to cut crude output to clear a recent…
Egypt launches record LNG tender for 96 cargoes
Egypt
October 25, 2016
Egypt launches record LNG tender for 96 cargoes
Egypt launched the world's biggest tender for liquefied natural gas (LNG) as officials from top energy companies and trading houses…
Egypt chases own energy sources as government struggle to meet demand
Egypt
October 24, 2016
Egypt chases own energy sources as government struggle to meet demand
Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as…