Featured Shell begins layoffs to boost performance Sama Mousa Jan 18, 2024 0 Shell Plc. has started laying off hundreds of employees with some in its low-carbon solutions unit among the first…
Africa News Afreximbank awards exhibitors at IATF2023 Sama Mousa Nov 15, 2023 0 The African Export-Import Bank (Afreximbank) awarded a number of exhibitors at Intra-African Trade Fair (IATF 2023)…
Tech/AI Chevron to buy competitor Hess for $53bln Sama Mousa Oct 24, 2023 0 US energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion all-stock deal.
Featured Egypt’s gas imports fall 19% as Chevron shuts Tamar field Yomna Yasser Oct 9, 2023 0 Egypt’s natural gas imports from Israel have dropped 19 percent on Monday after Chevron Corp. was instructed by…
Tech/AI Israel tells Chevron to shut down Tamar gas field Yomna Yasser Oct 9, 2023 0 Chevron said on Monday that it had been instructed by Israel's energy ministry to shut down the Tamar natural gas…
Tech/AI UAE’s Dragon Oil seeks to buy 20% stake in Egypt’s Nargis gas field Nada Ali Aug 20, 2023 0 Dubai-based Dragon Oil is seeking to purchase a 20 percent stake in Egypt's Nargis offshore concession area from…
News Chevron profits fall to $5.8 billion in preliminary results for Q2 of 2023 Nada Ali Jul 24, 2023 0 Chevron, the second-largest U.S. oil firm, reported second-quarter earnings on Sunday that its net profit declined…
Tech/AI Chevron to drill 1st exploration well in Egypt’s Red Sea in H1 2024 Sama Mousa Jul 6, 2023 0 The American energy company Chevron is about to drill its first exploration well for oil and natural gas in the Red…
News Egypt starts $1.8bln gas exploration programme – minister Sama Mousa Jul 5, 2023 0 Egypt started a $1.8 billion programme for gas exploration wells in the Nile Delta and Mediterranean Sea, said…
Tech/AI Chevron to boost Venezuela oil output Norhan Adel May 10, 2023 0 Chevron Corp's will begin a production increase phase to accelerate recovering debt owed by the OPEC member,…