The African Export-Import Bank (Afreximbank) will provide a $1.5 billion loan to Egypt to fund investments including oil and...

Egypt has the world’s fourth largest ultra-deepwater natural gas reserves with 18,852 billion cubic feet (bcf), Offshore Technology reported...

Saudi Aramco has increased the price of crude exports to Asian buyers to their highest levels since 2014 amid...

Italian energy industry contractor Saipem has secured a $1.3 billion pipeline project for work in the Middle East offshore...

The new propylene and polypropylene factories owned by Sidi Kerir Petrochemicals Company (Sidpec) will start production by 2022, Egypt...

Kuwait Foreign Petroleum Exploration Company (Kufpec) and the Oil and Gas Development Company (OGDC) have signed a strategic cooperation...

Hamriya Free Zone Authority has signed an investment agreement with Gandhar Oil Refinery India to establish an integrated project...

The Ministry of Electricity will announce on June 13 the winning consortium to build the 6,000-megawatt coal-fired power plant...

Iran has sold its first cargo of West Karoun crude oil to Repsol, Reuters reported. The Spanish company agreed...

State-owned Qatar Petroleum has acquired a 30% equity stake in the Vaca Muerta shale basin in Argentina after an...