BG pumps $1.5bn in Egypt in 2H 2014
The British firm aims to increase its natural gas production to 500m…
Fahmy meets African Union Peace and Security Council commissioner, discusses Egypt-AU ties
Egyptian FM also visits Saudi Arabia, Emirates to discuss environmental issues, aid…
Gulf Arabs free fuel for Egypt reaches $6bn in value
The aid helps reduce the heavy costs of government fuel subsidies and…
South Sudan army battles rebels for key oil town
Bentiu fell into rebel hands last month, and opposition forces were accused…
Libya assembly speaker confirms Miitig as premier
AFP - The speaker of Libya’s General National Congress confirmed Ahmed Miitig…
West struggles for winning formula on Russian sanctions
Some of the Western bankers, money managers and oil traders who help…
Egypt’s debt to foreign oil firms up at $5.7bn
Reuters - Egypt's debts to foreign oil companies operating in the country rose…
Egypt to construct deepwater drilling rig via $900m from Bank of Japan
Ministry of Petroleum says the project will be carried out by the…
UK’s BG Group’s CEO quits, firm warns on production
Reuters - BG Group’s chief executive resigned on Monday as the British…
Egypt to pay some $1bn owed oil firms within two months: Minister
Reuters - Egypt will pay about $1bn of the money it owes to foreign…