European oil refiners aim to maximize gasoline output to meet increased global demand for gasoline and naphtha in the...

BP, the UK oil company has announced it will cut 4,000 jobs in its upstream exploration and drilling operations...

Sheikh Zayed City Development Authority is in the process of launching a 500 MW power plant, with investments worth...

Egypt’s budget for fuel subsidies has decreased by EGP 5b, reaching EGP 56b, in comparison to initial estimates of...

The World Bank will grant the Egyptian Ministry of Petroleum a $200m loan. The amount is part of a...

Libya’s crude oil production remains less than 400,000b/d, the Tripoli-based National Oil Corporation (NOC) announced, according to Arab News. The...

Kenya is seeking $3b in US financing from the $31b Power Africa Fund to support the construction of a...

UAE’s Dana Gas announced its decision to slash its head office workforce by 40%, and cut administrative costs by...

Nigeria is planning an initial public offering for assets owned by its national oil company, the Nigerian National Petroleum Corporation...

Brazil’s state-run oil producer, Petróleo Brasileiro SA (Petrobras), has slashed its production targets by 1.8% to 2.1mb/d and capital...