The world might face an oil supply shortage following a steep drop in investments and a scarcity of fresh conventional discoveries, Saudi Aramco's CEO, Amin Nasser, stated.
The opening of three major power plants in March was the latest in Egypt’s efforts to end its electricity shortage crisis. At the cost of $6.4b, each plant will produce 4,800MW of electricity annually at peak opera ...
Nigeria is planning to plant tracking devices on trucks as nearly a third of the country’s fuel supply is being stolen in the midst of crippling shortages in Africa’s largest oil producer.
A government source informed Egypt Oil & Gas that the Cabinet is considering fuel suppliers offers to import oil from Iraq starting from January 2016. This was especially in light of the fuel crisis that periodically ...
EGPC Vice Chairman for Operations, Amr Mostafa, told Egypt Oil & Gas that a decision was taken to pump 38,000 tons of diesel and 18,000 tons of gasoline to all fuel stations in the country to eliminate some of the tr ...
Signs of a fuel crisis are beginning to emerge in Cairo neighborhoods after a number of gas stations ran out of gasoline yesterday, reported Egypt Oil & Gas (EOG).