BP Egypt announced two significant achievements in the Egyptian territories; it has made a significant gas discovery at record...

Opec agreed to keep oil supplies unchanged despite worries that $90-a-barrel crude is causing difficulty for slowing economies in...

Abu Dhabi-listed Dana Gas said it plans to invest about $500 million in Egypt and Iraq’s Kurdistan region this...

Aminex PLC announces progress on its Egyptian exploration license, West esh el Mellaha Block 2 (WEEM). A new 2000...

Port Moresby-based Oil Search said production had started at its Shahd and Ghard fields on the East Ras Qattara...

London-listed Circle Oil has farmed into a 40% stake in Egypt’s North-West Gemsa Block under a deal with local...

— The Hydra-1X exploration well in Egypt’s Western Desert test-flowed 41.6 million cubic feet (MMcf) of natural gas and...

Groundstar Resources reports that a new 2000 HP drilling rig (Rig # ZJ-46) built in China was delivered to...

Saudi Arabia is considering setting up a $6 billion sovereign wealth fund to invest the country’s surplus oil wealth,...

Shell and Libya have set up a new joint operating agreement for their three-year-old liquefied natural gas deal to...