BP Discovery to Boost Egypt’s Natural Gas Reserves
Egypt’s natural gas reserves are expected to increase by roughly 1.2 trillion cubic feet (TCF) after the latest gas…
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BP Unveils New Gas Discovery in Egypt’s North Damietta
BP Egypt announced on Saturday a significant gas discovery in Salamat well which is the first well in the North…
Update: 4 European Oil Firms Withdraw Staff from Egypt Amid Unrest
Europe’s biggest oil companies have withdrawn some staff from Egypt as supporters of ousted President Mohamed Morsi…
BG Group, BP Pull 160 Expatriate Staff out of Egypt
Spreading unrest in Egypt has led British energy firms BG Group and BP to pull 160 expatriate staff out of the…
Europe Struggles As UBS, Deutsche Bank Jump
European stock markets were largely shifting south, giving up the bulk of earlier gains driven by positive reaction…
Hassan Malek Seeks Return of Mubarak-Era’s Rachid Mohamed Rachid
Hassan Malek, who was imprisoned under Mubarak with top Muslim Brotherhood leader Khairat el-Shater, his friend and…
BP In Talks To Begin US$18 Bln Egyptian Mediterranean Gas Project
Energy giant BP is currently in talks with the Egyptian government over financing a deep-water natural gas…
BP To Invest $11bn In Egypt Gas Project
BP will invest $11bn in a project to produce natural gas from a deep-water deposit in Egypt’s Mediterranean basin,…
Oil Heads for Second Monthly Gain Before Fed Chairman’s Speech
Oil headed for a second monthly increase, its biggest since February, as investors awaited a speech by Federal…
Europe Shares Up Amid German Confidence Data Improvement
European stock markets opened higher Tuesday, after a survey reportedly showed a surprise improvement in German…
