Ships Collide in Egypt’s Suez Canal

• Sunday, 19th April 2015
• by Egypt Oil & Gas

Two container ships collided in Egypt's Suez Canal early on Saturday, delaying traffic through a vital global trade route for several hours, sources in the canal authority said.

$300 Million Mashreq Storage-Fueling Project Continuing as Scheduled

• Monday, 23rd March 2015
• by Egypt Oil & Gas

Mashreq Petroleum Company is set to complete the first phase of its project to store petroleum products and fueling ships within the next two months, company chairman Tarek Abu Bakr said.

Iran Methanol Mega Plant to Rival US Shale Gas

• Friday, 27th February 2015
• by Egypt Oil & Gas

Iran is building the world’s largest methanol plant which the country is touting as a rival to US shale gas.