Dana Gas will delay making new investments in Egypt’s oil and gas sector due to unpaid arrears, the company...

Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US...

Iraq has signed a deal with Petrofac worth $369 million for the construction of a new crude-processing plant in...

British renewable energies investment company Quercus announced it will stop building a $570 million solar power plant in Iran...

Algeria’s Sonatrach has changed its senior leadership personnel in a bid to retain skilled workers within the state-run firm,...

Saudi Arabia was forced to cut oil production by more than 200,000 barrels per day (b/d) last month after...

Dana Gas has issued its new Sukuk (Islamic bonds) and it is now listed on Irish Euronext Dublin stock...

Oil minister Tarek El Molla signed three new exploration contracts to drill 15 wells in the Mediterranean and the...

Alexandria National Refining and Petrochemicals Company (ANRPC) is starting the pilot operation of its refining project and will start...

The oil and finance ministries have chosen a firm to sign fuel hedging contracts with the government, anonymous sources...