Latest Energy News
Faulty South Cairo power station causes outage
146 cubic metres of gas and oil equivalent are pumped to power…
BAPETCO’s discovery increases daily oil production to 50,600 barrels
Well’s original oil records about 15m barrels, adds approximately 5m barrels to…
Petrochemical projects studies being prepared within new Suez Canal Axis Development plan: Petroleum Ministry
“We are participating in implementation of two tunnels, for cars and trains,…
ABB studies investing in infrastructure, logistics in Suez Canal
ABB studies the plan to invest infrastructure and logistics projects in the…
Egypt plans to spend $16bn importing petroleum products in FY 2015/2016
EGAS issues second international bid for foreign companies in July
Shell resumes offshore drilling in Arctic
Royal Dutch Shell PLC announced on Friday that drilling operations had resumed…
OPEC, Russia: ‘Oil market to stabilize’
The Organization of Petroleum Exporting Countries and Russia have said sharp drops…
‘People will not accept crappy terms’ for Iranian oil
Amid sliding oil prices, OPEC's secretary-general is in Moscow to discuss the…
Oil spill payments sink BP into the red
British energy giant BP recorded multi-billion dollar losses in the second quarter…
Explosion shuts down Turkey-Iran natural gas pipeline amid increasing violence
The gas flow between Iran and Turkey has been shut down after…