Drilling in Egypt’s supergiant Zohr gas find to start today
The Italian oil and gas company Eni is to start drilling works at Zohr gas field offshore Egypt today, Tarek el…
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drilling
Oil prices rise as U.S. drilling declines
Oil rose by more than 1 percent on Monday after data showed U.S. drilling slowed and a report said $1.5 trillion…
Oil ends down more than 2 percent as U.S. drilling points to glut
U.S. oil prices traded below $40 a barrel for the first time since the 2009 financial crisis, ending 2 percent…
Egypt to launch New Suez Canal on August 6 – Official
Egypt’s new Suez Canal will be opened on August 6, the canal authority chairman Mohab Mamish announced Saturday.…