Arrears to foreign oil companies stand at $3bn by December
Value of the debt decreased following a reduction in global oil prices
Ganope to propose research and exploration bid in 2016
Ganope Chairman Abu Bakr Ibrahim told Daily News Egypt the new bid…
Saudi Arabia to reduce its reliance on oil
In a bid to shore up the Middle East nation's finances battered…
Oil prices hit fresh lows, dragging markets along
A barrel of the black stuff, which consistently traded above $100 between…
BP broadens stake in Egypt’s West Nile Delta project
Company acquired 22.75% in the North Alexandria concession as well as 2.75%…
OPEC to decide on oil export policy
The world's net oil exporters aren't expected to announce a production cut…
US sanctions businessman buying oil from ‘Islamic State’, Al-Assad supporters
The US has slapped sanctions on a number of individuals accused of…
62 production sharing contracts signed by Egypt: EGPC Chairman
12 contracts signed in pipeline sector
Rockefeller Fund: ‘The oil age is coming to an end’
Stephen Heintz, president of the Rockefeller Brothers Fund, explains to DW how…
Al-Sisi, Eni CEO discuss possibility of establishing gas hub
Both parties discussed forming a gas hub in eastern Mediterranean Sea to…