Orascom Construction announced signing agreements to convert Egypt's Assiut and West Damietta power plants from simple to combined cycle, an endeavor that is work $420m.
Ansar Beit Al Makdes, an ISIS affiliate, have bombed a main natural gas pipeline in Al Arish area in Egypt’s Sinai. The assailants placed explosive devices under the pipeline and activated them remotely, an action wh ...
Indonesian oil mining firm, Energi Mega Persada A, said it would sell its 75% stake in the gas block in Buzi, in Central Mozambique, worth $96.25m to an unknown strategic investor in Africa.
Chinese firm POLY-GCL Petroleum Group Holdings has finished drilling two appraisal wells in Ethiopia's southeast and will soon know the size of gas deposits there. Gas production may starts this year.
Egypt and Saudi Arabia will meet again on January 5th, as a part of the Egyptian-Saudi Coordination Committee, to discuss the details of $8b investments announced by King Salman Abdel Aziz in mid-December. The Saudi ...
Egypt's Ministry of Petroleum has a new strategy for reducing imports, adding value to Egyptian products and making Egypt an energy hub in the Middle East, a source in the Ministry told Egypt Oil and Gas.
The International Finance Corporation (IFC) from the World Bank group would provide a trade finance credit of up to $200m to Ukraine's national oil and gas company Naftogaz for it to acquire natural gas from France's ...
Turkmenistan has commissioned its East-West gas pipeline worth $2.5b with a capacity of 30bcm/year connecting abundant gas fields in the Caspian Sea with an aim to improve the country's gas export efficiency.