President Abdel Fattah El Sisi met Eni CEO Claudio Descalzi on June 21 to follow up on the Italian...

Oil prices fell on June 21 as producers prepared to discuss the lifting of production cuts at the biannual...

SDX Energy has reported a new gas discovery made at its SD-4X well in the South Disouq concession in...

Fuel prices will witness another increase in 2019, Egyptian oil minister Tarek El Molla announced on June 20, only...

Egypt signed a $200 million loan from the European Bank for Reconstruction and Development (EBRD) to state-owned Suez Oil...

Eni has sold a 10% stake in Egypt’s Shorouk offshore concession to Mubadala Petroleum for more than $1 billion,...

Minister of Petroleum Tarek El Molla has appointed Akram Mohamed Ibrahim Badawy as the head of Sinai Petroleum and...

The Iranian oil minister has stated that a deal on oil output at the June 22 OPEC meeting in...

The modernization program team has finished the first stage of the resources and assets management system for both the...

UAE-based rig builder Laprell has set up a joint venture in Saudi Arabia to increase its business in the...