Italian oil giant Eni has completed drilling the ninth well at the Zohr natural gas field at a cost...

Egypt’s budget deficit decreased to 1.9% during Q1 of fiscal year (FY) 2018/19, compared to 2% in the previous...

Minister of Petroleum Tarek El Molla inaugurated a workshop on November 19 organized by Ganoub El Wadi Petroleum Company...

Egyptian Minister of Petroleum Tarek El Molla met with Francis Fannon, Assistant Secretary for the Bureau of Energy Resources...

TransGlobe Energy Corporation started testing three intervals in its Bahariya formation, which showed 3,840 barrels per day (b/d) of...

Shell is looking to increase natural gas production from its Burullus and Rashid fields to 450 million standard cubic...

Misr Petroleum Company and Egypt’s Co-operation Petroleum Company (COOP) will launch a new reformulated 95-octane benzene, which will be...

Egypt’s mergers and acquisitions (M&A) value increased by 285.6%, reaching $1.5 billion in 2018 with a total of 14...

The Assiut Oil Refining Company (ASORC) has completed talks with local and Gulf banks for a $500 million loan,...

Qalaa Holdings Company presented its $4.3 billion Egyptian Refining Company (ERC) at the African Investment Forum as a case...