Egypt Auctions 22 Oil, Gas Exploration Concessions
Exploration companies have been hesitant to develop untapped gas finds in Egyptian…
Syria inks oil, gas exploration deal with Russian firm
The agreement was signed by Syrian Oil Minister Suleiman Abbas, Syria's General…
Oil prices rise amid South Sudan violence
Brent North Sea crude for February gained 26 cents to $111.82 a…
Egypt says to complete $1.5bn payment to oil firms this week
Approval of the $1.5 billion payment was announced by the government on…
Egypt to pay $1bn to foreign oil firms Monday: Central Bank
Egypt pledged last week to pay $300 million of the money it…
Egypt approves oil and gas exploration agreements
The deals are with firms including BP, Dana Gas Emirati, Petroceltic International,…
Big Oil sets out lobbying on Iran as US Congress stands firm
It is an unusual tack for an industry known for its strong…
Unrest grips south Yemen after tribal chief death
Schools and public offices were closed and shops shuttered in the south…
Petroleum Ministry signs agreement to explore oil in Gulf of Suez
The contract was signed with RWE and Dove Energy oil companies with…
BP signs deal to develop large Oman ‘tight gas’ project
BP has already spent hundreds of millions of dollars on the project…