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An jointly-operated onshore oilfield between Saudi Arabia and Kuwait will remain shut until difficulties to operate there are resolved,...

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A senior official of Russia’s State Corporation on Atomic Energy, Rosatom, has indicated his company’s interest in building new...

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Low production costs for Middle East companies offer regional players significant competitive advantage in the low price segment of...

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Al Ghubra Power and Desalination Company (GPDCO), a part of Nama Group, has achieved a record of five million...

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When Saudi Arabia argues next week that OPEC should keep up production to fight the rise in U.S. shale...

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Billionaire Viktor Vekselberg is out to prove that solar has a place in Russia, the world’s largest exporter of...

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Mashreq Petroleum plans to construct a pipeline to transport crude oil from Port Said to Mostorod refining plant. In...

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Emad Hamdi, Chairman Badr al-Din Petroleum Company (Bapetco), said his company will invest $ 380m during 2015-2016 to add...

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Investment Minister Ashraf Salman said it is expected that investments worth $45bn will be pumped into Egypt’s new and...

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Chairman El-Hamra Oil Osama Nassif  announced that his company is planning to inject investments worth $ 70 million over...

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