Sherif Soussa | Egypt Oil & Gas

Shale Stocks Drop as Major US Investor Criticizes Industry

Money manager David Einhorn slammed the shale drilling industry that ushered in a new era of U.S. oil production as wasteful, expensive and a terrible investment.

Petroleum Minister Announces Administrative Reshuffling

The Minister of Petroleum and Mineral Resources, Sherif Haddara, announced a reshuffling of key administrators within government-controlled companies that oversee and participate in various aspects of the petroleum s ...

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