Egypt-based investment bank EFG Hermes is planning to increase the investments it manages in renewable energy from the current...

Portugal’s Galp Energia has asked French EDF’s investment arm, and other infrastructure funds to submit tentative bids for a...

The out-of-control wildfire that is scorching large swathes of land and displacing thousands of people in Alberta, Canada, has...

Nigeria’s President, Muhammadu Buhari, signed the delayed 2016 budget into law on May 6th, ending weeks of wrangling with...

Halliburton has joined rival Schlumberger in curbing activity in Venezuela due to lack of payment during the oil industry’s worst...

Algerian production of oil by-products will reach 45m tons in 2024, with the new refineries of Hassi Messaoud, Tiaret and...

Iranian Oil Minister, Bijan Zangeneh, stated that Iran’s oil and gas condensate exports have reached 2.45mb/d, Reuters reported. He also said...

Assiut Oil Refinery has addressed banks to obtain a loan worth EGP 750m to finance its structuring plan and...

Kuwait Petroleum International (KPI) and the state-owned PetroVietnam have signed a cooperation agreement that aims at re-focusing their refining...

Saudi Arabia announced the ouster of its powerful Oil Minister, Ali Al-Naimi, marking the departure of a long key industry player,...