Saudi Arabia should eventually consider raising its domestic water and power prices to limit rapid growth of consumption in...

Technip, a world leader in engineering for the energy industry, has been awarded a brownfield subsea contract for the...

Senior security officers from the oil and gas sector will gather in order to address various security issues faced...

Gulfsands Petroleum Plc said it removed Mahdi Sajjad as chief executive and appointed Alastair Beardsall, a nominee of its...

Wells Fargo’s first-quarter profits slipped for the first time in seven years, as the biggest bank by market capitalisation...

Egypt will import around $3.55 bn worth of liquefied natural gas (LNG) in the current financial year, an EGPC...

Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signaling that...

The state’s Central Agency for Public Mobilization and Statistics (CAPMAS) reported last Sunday a 22.1 percent drop in exports’...

PetroSilah Petroleum is working on launching the first mobile oil refinery in Egypt, with production capacity of 10,000 b/d...

French energy giant says it cannot ignore Iran’s natural gas potentials and will consider a comeback to the country...