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…
Chairman of Valley Group Holdings: Subsidies not socially just
Subsidies harm the concept of social justice and support for the poor…
Oil expert Mohammed Shoaib: Petroleum production and refinement operations unaffected by events after January 25 Revolution
Shaib revealed that the Egyptian General Petroleum Corporation had been negotiating a…
Iran President Rouhani targets stagflation in first budget
Analysts say soaring inflation is due to increasingly tough economic sanctions and…
Egypt agrees on timetable to pay $3bn to oil firms
Reuters - Egypt has agreed on a timetable to pay $3 billion of the…
Turkey says ball in Iraq’s court over oil dispute
Iraq's federal government in Baghdad and Kurdistan have long been at odds…
New oil discovery in Western Desert
The new well discovered by IPR is expected to produce 12,000 barrels…
Shell renews contract with Artoc Auto Egypt five more years
Shell will supply Artoc Auto with its synthetic oil, which has cleansing…
Iran oil, energy investment sanctions still in force : US
Iran and six world powers reached a breakthrough deal early on Sunday…