Circle Oil said it swung to a substantial pretax loss in 2014 after it booked impairments and write-offs related...

The European Commission is preparing a ‘diplomatic energy action plan’ to diversify the EU’s natural gas supply sources, with...

The Egyptian government is preparing the market for a possible third LNG import terminal for private use, even though...

Further stabilization of oil prices is likely to help lower inflation in Russia, allowing the central bank to reduce...

The embassy of Switzerland, Swiss companies Schindler and ABB, along with the Swiss-Egyptian Business Association (SEBA) held a conference...

Egypt’s petroleum imports increased 94.7 percent to LE7.82 billion in March from LE4.017 billion in the same period the...

Total has achieved the significant milestone of producing a cumulative two billion barrels from its operated deep offshoreBlock 17...

Seven Energy International Ltd. in Nigeria aims to work together with other companies in the country to increase gas...

A runaway oil tanker truck exploded in a crowded bus station in the south of the country, setting ablaze...

The latest monthly statistical data from Saudi Arabia Monetary Agency (SAMA) show the cumulative year-to-date drop in its net...