Oil | Egypt Oil & Gas - Part 96

Apache Reports New Drilling Successes in Egypt

Apache Corporation reported results from two new wells in Egypt's Western Desert that signal continued drilling success in the Faghur Basin and on concessions acquired in 2010.

Turkey, Egypt to drill in Mediterranean

Turkey intends to cooperate with Egypt in searching for natural gas in the Mediterranean, given the latter's experience in deep-water drilling, Turkish Energy Minister Taner Yıldız says on an official visit ...

Saudi oil output at 30-year high

Saudi Arabia pumped the most oil in 30 years last month as it boosted production along with other members of the Organisation of Petroleum Exporting Countries' (Opec) including Nigeria, Angola, Iraq, Kuwait and the U ...

Eni enhances its commitment to Egypt

The Egyptian Prime Minister HE Essam Sharaf and Eni CEO Paolo Scaroni met in Cairo confirming the commitment of Eni to Egypt, following the recent agreements.

South Sudan to link to Kenya oil pipeline

South Sudan plans to build a link to a pipeline in Kenya to export its oil after breaking away from the north, a minister said on Wednesday.

Oil release to give relief to importers

A move last week by the US and other member countries of the Paris-based International Energy Agency (IEA) to release 60 million barrels of crude oil from their strategic petroleum reserves is going to bring internat ...

OPEC may hike oil output to ease prices

Major oil cartel OPEC may consider increasing output for the first time in 4 years to ease prices and lessen the drag of high energy costs on global economic growth.

Chariot Oil & Gas Announces Increase in Namibia Resources

Chariot Oil & Gas Limited, the AIM listed Africa focused oil and gas exploration company, announces an increase of a further 1.5 billion barrels in its estimate of gross mean unrisked prospective resources from its S ...

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