The African Export-Import Bank (Afreximbank) and Africa Energy Investment Corporation (AEICORP) signed a cooperation agreement that was brokered by...

Cairo Gas has begun a project to extend the polyethylene networks to​ Etihad Plaza area in Abu Dhabi, according...

Eni, the Italian giant, has come to an agreement with the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural...

The petroleum trade deficit recorded $421 million by the end of the fiscal year (FY) 2019/20, compared to a...

Oil prices are expected to average around $50 per barrel (bbl) until the end of 2021 when a vaccine...

TechnipFMC commenced its work on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC)...

The Abu Dhabi National Oil Company (ADNOC) has awarded a contract worth up to $519 million to further expand...

Iraq rejects stories that they are seeking an exemption from OPEC+ cuts, with Oil Minister Ihsan Abdul Jabbar maintaining...

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

Petroleum products subsidies fell by about 46% during Q1 of the current fiscal year (FY) 2020/21, Minister of Petroleum...