It has been announced that Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, both subsidiaries of Shell plc, have sold Shell Neft LLC, Shell's retail stations and lubricants business in Ru ...
During a recent press conference announce the government's vision to deal with the current global economic crisis, Prime Minister Mostafa Madbouly stated that Egypt is on track to becoming a major center for the ...
China's Sinopec suspended discussions for a gas marketing venture and petrochemical investment in Russia.
Baker Hughes has announced that it has halted its new investments in Russia due to its invasion of Ukraine.
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with a delegation from the Italian company Eni, which included Guido Brusco, Director General of Natural Resources, Antonio Panza, Regional Manager ...
Minister of Petroleum and Mineral Resources Tarek El Molla announced that the new budget for Assiut Oil Refining (ASORC) and Petroleum Pipelines Company (PPC) allocates EGP 7 Billion worth of investments to improv ...
The Saudi Arabian Oil Company "Aramco" announced that it is expanding its presence in Europe by acquiring stakes in Poland’s refining, wholesale and jet fuel segments.
The Egyptian General Petroleum Corporation (EGPC) and Italian energy company Eni have signed an agreement worth at least $1 billion for oil exploration activities in the Gulf of Suez and the Nile Delta.
The Abu Dhabi National Oil Company (ADNOC) has recorded investments worth up to almost $6 billion to enable drilling growth helping to boosts its crude oil production capacity to 5 million barrels per day (mmbl/d) ...
Aramco announced its intention to expand its focus on emerging sector at the Future Investment Initiative Forum.
