New Minister of Petroleum and Mineral Resources Tarek El Molla said that the value of foreign partners’ share of oil and gas declined by 26% from $880m in FY 2014/2015 to reach $650m per month during current FY 2015/ ...
Agiba Petroleum Company is preparing to launch a tender to hire a new drilling rig to execute its plan for the current fiscal year in the Eastern Desert concession area.
Cyprus Energy Minister Giorgos Lakkotrypis said that in the next few days Cyprus will have an idea of whether the large natural gas reserve recently discovered [Zohr] off the coast of Egypt extends inside the island’ ...
Iran, for the first time, has become a net exporter of gas oil, said Nasser Sajjadi the managing director of Iran's national oil distribution company (NIOPDC)