Chevron and Total have expressed interest in taking over Royal Dutch Shell’s operations at the Majnoon oilfield, according to...

By Mariana Somensi The Egyptian cabinet announced in June the cut of fuel subsidies as a move to reduce...

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

Article contributed by DirectFN™, a subsidiary of National Technology Group (NTG) – one of the largest ICT companies in...

By Tamer Mahfouz Natural gas was the most recently discovered source of fossil fuel in Egypt, and it was...

By Mariana Somensi Khalda Petroleum Company (KPC), an Egyptian joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC)...

The World Bank has provided the Egyptian energy sector with $4 billion in financing, according to the Minister of...

The Oman Oil Company Exploration and Production (OOCEP) finalized an agreement for a $1 billion loan, Times of Oman...

The Middle East Oil Refinery (MIDOR) will receive a $1.2 billion loan from Crédit Agricole, BNP Paribas, and Italian bank...

Abu Dhabi National Oil Company (ADNOC) is closing in on the syndication of a $6 billion loan, sources told...