oil companies

Petroleum Ministry bid attracts 3 international oil companies to Red Sea
Business

Petroleum Ministry bid attracts 3 international oil companies to Red Sea

The Ministry of Petroleum and Mineral Resources announced that the first global bid for oil and gas exploration in the…
Oil industry in Davos: torn between Greta and Trump
World

Oil industry in Davos: torn between Greta and Trump

DAVOS, Switzerland (Reuters) – Oil majors are at the sharp end of the climate debate and face a bewildering balancing…
Saudi Aramco starts trading after record $25.6 billion IPO
Economy

Saudi Aramco starts trading after record $25.6 billion IPO

RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco is listed and started trading on the Saudi Tadawul stock…
Aramco tax cut lifts company’s value by US$1 trillion, analyst estimates
Business

Aramco tax cut lifts company’s value by US$1 trillion, analyst estimates

Saudi Arabia's decision to cut tax paid by national oil giant Saudi Aramco has increased its value by US$1 trillion,…
Iran to invite foreign companies to bidding on oil and gas
Business

Iran to invite foreign companies to bidding on oil and gas

Iran’s oil ministry website says the country will invite foreign companies on Monday to bid for oil and gas projects…
Egypt’s debts to international oil companies rise to $3.58 bln at end-Sept: minister
Business

Egypt’s debts to international oil companies rise to $3.58 bln at end-Sept: minister

Egypt's debts to international oil and gas companies rose to $3.58 billion by the end of September, the oil minister…
Militants blow up Eni oil pipeline in Nigeria: security agency
Business

Militants blow up Eni oil pipeline in Nigeria: security agency

Attackers blew up an oil pipeline in Nigeria's southern Bayelsa state operated by a subsidiary of Italy's Eni on Friday,…
Halliburton and Baker Hughes scrap $28 billion merger
Business

Halliburton and Baker Hughes scrap $28 billion merger

Oilfield services provider Halliburton Co (HAL.N) and smaller rival Baker Hughes Inc (BHI.N) announced the termination of their $28 billion…
Petroleum Ministry to promote Egyptian oil companies in the Gulf
Environment

Petroleum Ministry to promote Egyptian oil companies in the Gulf

The Egyptian Ministry of Petroleum will step up its promotion of Egyptian oil companies operating in foreign and Arab countries,…
North Alexandria gas agreement awaiting approval
Business

North Alexandria gas agreement awaiting approval

Prime Minister Ahmed Nazif and Sameh Fahmi, minister of Petroleum, held a meeting yesterday with two companies involved in petroleum…
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