petroleum

Foreign oil companies have slashed their budgets for 2015 by 30 percent, driven by declining world petroleum rates, former petroleum…

A recent sharp decline in international petroleum prices will not affect Saudi financial support to Egypt, senior Saudi cabinet official…

The government has concluded a scheme to lift energy subsidies, according to a senior official, but added that it will…

Minister of Petroleum and Mineral Resources Sherif Ismail said the ministry is adopting a new strategy that aims to tackle…

Egyptian Petroleum Minister Sherif Ismaeil announced that the new oil agreements bring the total of new deals since November 2013…

Italian oil major Eni said on Thursday it had been awarded three new exploration licenses in Egypt as it grows…

Egypt's state-run Egyptian General Petroleum Corporation (EGPC) announced that Egypt received a share of the foreign partner’s oil and gas…

Egypt has said it conditionally agrees to import natural gas from Israel as the country is struggling with an energy…

According to EY’s Global Oil & Gas Transactions report, the combined number of oil and gas transactions in the UAE,…

 Armed protesters controlling ports in eastern Libya said on Saturday they had started exporting oil, bypassing the Tripoli government in…