Oil and Gas Player Venturesinto Power Sector
Edison is building Egypt’s first-ever electricity-generation facility financed by private-sector funds and…
Iran snubs oil giants, but optimism prevails
All eyes were on Iran as international leaders and global markets alike…
Turkey involved in illegal oil trade with ‘Islamic State’ militants: Russia
Russia intends to destabilise the Turkish state by putting it on the…
Emerging markets rise for second week
Since the beginning of the oil price crisis, emerging markets have been…
Oil prices trend to continue in 2016: Jadwa Investment
Company lowered its forecast for oil prices throughout 2016 to $43 per…
Oil company investments worth $7bn for FY 2016/2017
Gas production to increase to 4.5bn cubic feet per day in 2016
Oil prices, weak performance of international markets drag EGX down
Reduction of oil prices has prompted foreign investors to sell their stocks…
Five year plan for oil sector revealed
During the previous fiscal year (FY) 2014/2015, the oil and gas demand…
Collapse of oil prices strikes Gulf stock markets
Saudi Arabia’s market was the hardest hit, losing 9.93%, followed by Qatar…
Arrears to foreign oil companies stand at $3bn by December
Value of the debt decreased following a reduction in global oil prices