Saudi Arabian Oil Co. plans to start natural gas production at a field near Jordan next year as the world’s biggest crude exporter is “investing big in gas,” CEO Khalid Al-Falih said.
Several prominent figures from the oil and gas industry met last week once again for the Production Optimisation Convention steering committee, organised by Egypt Oil & Gas and is taking place in April.
Egypt is open to importing gas from Israel, its oil minister said in state-owned media on Wednesday, another sign that it may lean on its neighbour to help tackle its energy troubles.
Egypt and Russia's Gazprom are to reach an agreement for the company to supply LNG shipments later this month, Egyptian Oil Minister Sharif Ismail told Reuters.
Italy's Eni has signed a new concession agreement to operate in the South-West Melehia block in the Western Desert of Egypt, as Cairo continues to look to international operators to boost its flagging production.
A senior Ministry of Petroleum official said the Ministry of Transportation and Suez Canal Authority refused to allocate a pier at Port Said to receive a second regasification boat. The boat would allow shipments of ...
Italian energy company Eni announced it brought the Nene Marine field into production off the coast of the Republic of the Congo, 16 months after discovery.