OPEC, Russia: ‘Oil market to stabilize’
The Organization of Petroleum Exporting Countries and Russia have said sharp drops…
Greenpeace stages novel Arctic drilling blockade
It looks like a daring test or some attempt to break a…
‘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…
Iran deal seen as a threat to Middle Eastern countries: Researchers
JCPOA’s “historic” deal was signed in Vienna to curb nuclear enrichment in…
IMF projects slower growth in emerging markets
Growth in emerging markets and developing countries will reach 4.2% in 2015,…
EGPC, Rosneft sign agreement for oil products, LNG shipments
Minister of Petroleum Sherif Ismail said that signing the two agreements is…
Oil production at 130,000 barrels on average daily: Shell Egypt
An increase of 20% in production through Assil and Karam project, 50…
Dana Gas to discuss collecting receivables in Egypt this week
Board of directors’ meeting will discuss company’s 2015 mid-year budget and Q1…
Eni pumps $2bn in the Egyptian oil sector
Agreement signed between company and EGPC to modify gas prices, introduce new…
