The Central Bank of Egypt (CBE) is unable to provide the Egyptian General Petroleum Corporation (EGPC) with its monthly requirement of $700m for the import of petroleum products, natural gas, as well as the payment of...
Shell’s gigantic takeover of BG worth £55b, planned before the end of 2015, is likely to secure clearances from the remaining Chinese and Australian regulators, Forbes reported. The merger will create UK’...
Iran’s Oil Ministry has said that the construction of three petrochemical projects is nearing completion, with the projects to come on stream in the coming months, reported Trade Arabia. The projects include the phase...
Iran is dramatically increasing its natural gas export capacity in preparation for the lifting of international sanctions, President Hassan Rouhani said during the second day of the Gas Exporting Countries Forum (GECF...
The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward for...
Iran’s Oil Minister Bijan Zangeneh, discussed expansion of energy cooperation between Tehran and Muscat with the visiting Omani Minister of Oil and Gas Mohammed Hamad al-Rumhi, reported Press TV. Alireza Kameli,...
The Mozambique government has agreed to offer cost-recovery rights to production and development of gas field and the LNG terminal by ONGC Videsh Ltd (OVL). Gas from the field is meant for exports and is expected to b...
Qatargas Operating Company Limited (Qatargas) has granted a contract to Qatar Kentz for the engineering, procurement, supply, construction and commissioning of a water recycling facility at the planned Laffan Refinery...
National Grid, the UK natural gas and electricity network operator, is seeking to sell the majority stake in its domestic gas-distribution business, the Wall Street Journal reports. The network comprises half of the B...
Pakistan has finalised a 15-year, $16b liquefied natural gas (LNG) deal with supplier Qatar, said the Pakistani energy minister Shahid Khaqan Abbasi. “We have finalised the deal. The first shipment is expected i...