Saudi Aramco has 2 million barrels per day (b/d) in spare capacity, double the expected OPEC-sanctioned increase in production,...

The EuroAfrica CEO has presented a feasibility study for connecting the Egyptian and Cypriot electricity grids, electricity minister Mohamed...

Egypt may stop importing liquefied natural gas (LNG) in Q4 2018 and start exporting it at the beginning of...

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

The Republic of the Congo, one of Africa’s major oil producers, has become the newest member of OPEC, Reuters...

Egypt’s Minister of Petroleum Tarek El Molla is participating in the 27th World Gas Conference (WGC 2018), Egypt Oil...

Debts owed by Egyptian state-owned oil companies to international oil companies (IOCs) fell to $2 billion in Q2 2018,...

Egyptian oil minister Tarek El Molla has emphasized his support for measures taken by the Organization of Petroleum Exporting...

OPEC has agreed with Russia and other non-OPEC producers to raise oil production from July, Reuters reported. Saudi Arabia...

Eni CEO Claudio Descalzi has said that the company is investing a further $3 billion into the sector on...