Misr Petroleum and Petronas have signed a memorandum of understanding (MoU) to produce 20,000 tons of first class oils...

The Egyptian General Petroleum Corporation (EGPC) signed a $9 million agreement with Apache on July 18 to drill seven...

Chinese President Xi Jinping on Tuesday pledged $20 billion in loans, and about $106 million in financial aid, to...

Belayim Petroleum Company (Petrobel) and Eni will bring their South Balteem well online by mid-2019, helping the companies to...

The 15th well of the Nooros gas field has started production, MENA reported quoting oil minister Tarek El Molla....

Saudi Arabia is looking to increase its oil exports to Asia, anonymous sources told Bloomberg. The Arab kingdom will...

The International Monetary Fund (IMF) has said that the recently-approved automatic fuel price mechanism will protect Egypt’s budget from...

Oil minister Tarek El Molla discussed launching an electronic portal for auction areas offered in Egypt with Baker Hughes...

The Egyptian General Petroleum Corporation (EGPC) has hired HSBC to arrange a loan of around $1 billion, banking sources...

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience....