Russia | Egypt Oil & Gas

Russia, Pakistan to Cooperate in Oil, Gas Exploration

Russia and Pakistan have discussed cooperation in offshore oil and gas exploration and refining during intergovernmental meetings this week in Moscow, according to Reuters.

Developing Nations’ Energy Challenges Take Center Stage in Egypt’s Address to BRICS

Minister of Petroleum and Mineral Resources Karim Badawi has participated in the ministerial meeting of BRICS member countries during which he highlighted a number of petroleum challenges that developing countries ...

Iran, Russia Sign MoU for Gas Supply Cooperation

Iran signed on Wednesday a memorandum of understanding (MoU) with Russia for the transfer of Russian gas to Iran, with the aim of strengthening and developing the countries cooperation in this field.

Saudi Arabia Deepens Its Oil Cuts in July

Saudi Arabia announced deepening its oil cuts for July pushing the prices higher despite concerns over a global economic slowdown and possible further interest rate increases from the U.S. Federal Reserve.

 Gazprom Establishes Middle East Unit

Gazprom, the Russian majority state-owned multinational energy corporation, is establishing unit in the Middle East, Reuters reported.

G7 to Assess Level of Price Cap on Russian Oil in March

According to the U.S. Treasury, the Group of Seven officials have decided to evaluate the level of the price cap on Russian oil exports in March rather than January, as initially anticipated, in order to give the ...

Russia Ready to Resume Gas Supplies to Europe via Yamal-Europe Pipeline: Novak

Moscow is prepared to restart gas shipments to Europe via the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.

Egypt, Russia Discuss Energy Cooperation

On the sidelines of the ministerial meeting of the Gas Exporting Countries Forum (GECF), which concluded its activities yesterday in Cairo, Minister of Petroleum and Mineral Resources Tarek El Molla held a joint s ...

Russian Gas Continues to Flow to Europe Despite Nord Stream 1 Halt

Natural gas shipments through major routes from Russia to Europe continue to be steady, even with the Nord Stream 1 pipeline remaining closed, Reuters reported.

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