On the 23rd of February, the Egyptian Gas Association (EGA) held it's first executive roundtable, titled "The Future of Natural Gas Industry in Egypt." The purpose of the roundtable was to bring together industry le ...
Italy has set 17th April as the date for a referendum on the duration of offshore drilling for oil and gas in Italy. The Constitutional Court gave the green light to the decision welcomed by regional councils and env ...
Minister of petroleum and Mineral Resources, Tarek El Molla approved the formation of the joint venture company, PetroShorouk Petroleum, for the development of the Zohr field. The joint venture is between the Egyptia ...
Russia's top oil producer Rosneft and Venezuela's state oil company PDVSA signed an agreement to set up a joint venture to develop natural gas. Rosneft also plans to invest $500m to raise its stake in its Petromonaga ...
Oman’s National Gas Company has terminated a contract with its CEO, Goutam Sen, following upon the 2014 disclosure that he had been detained over suspected bribes paid to a government official.
The US Bureau of Ocean Energy Management (BOEM) announced it would offer approximately 45m acres in the Gulf of Mexico for oil and gas exploration and development in two March lease sales.
The government of Cyprus announced that it would push ahead with a third licensing round to search for potential natural gas deposits in its Exclusive Economic Zone (EEZ).
The Egyptian Natural Gas Holding Company (EGAS) decreased the volume of imported gas by approximately 7%, to reach 650 mcfd compared to 700 mcfd in January.