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QAPCO opens regional warehouse in Egypt

Qatar Petrochemical Company (QAPCO) has announced it officially inaugurated its regional warehouse in Al-Adabia, Egypt.

Sri Lanka Tiger attack costs Shell $700,000

The Sri Lankan unit of Royal Dutch Shell suffered damages of at least $700,000 in an air attack by Tamil Tiger rebels last month.

TAQA completes the acquisition of CMS Generation

The Abu Dhabi National Energy Company PJSC has recently announced the successful completion of its planned acquisition of CMS Generation, a subsidiary of the US integrated energy firm CMS Energy.

ONGC to buy 33% stake in Egypt block from Shell

Indian state-run explorer Oil and Natural Gas Corp (ONGC) is firming up a proposal to buy approximately 33% in an Egyptian deepwater gas block from Royal Dutch Shell.

Significant discovery by OVL and IPR in Gulf of Suez

ONGC Videsh Ltd. (OVL) and its partner IPR Red Sea Inc. have made a significant new oilfield discovery in their first exploration well North Ramadan-1A in the North Ramadan Concession, Gulf of Suez, Egypt.

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