Chevron to buy competitor Hess for $53bln
US energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion all-stock deal.
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energy sector
Iraq, UAE’s Crescent launch 3 deals to develop oil and gas fields
Iraq launched three energy contracts with UAE's Crescent Petroleum to develop three oil and gas fields in Iraq,…
ExxonMobil agrees to buy Pioneer in $59.5bln deal
ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
Egypt to resume LNG exports this month – minister
Egypt will resume exporting liquefied natural gas (LNG) this month as planned, said Minister of Petroleum and…
BP wins offshore exploration block in Egypt
UK oil and gas major BP announced on Monday that it won a bid for an offshore exploration block in Egypt as part of…
QatarEnergy lays foundation stone for North Gas Field expansion project
QatarEnergy laid the foundation stone for the expansion project of the North Gas Field in Qatar, it said on…
Egypt to export solar power to UK, Europe
Egypt is set to export solar power to Europe and the United Kingdom from a new project under development now, the…
Egypt announces new international bid for oil, gas exploration in 23 areas
Egypt's petroleum ministry has on Monday announced an international bid round for gas and oil exploration in 23 new…
Egypt agrees on oil exploration deal with LukOil Overseas
The Egyptian Cabinet approved a draft law giving permission to the Ministry of Petroleum to sign a contract with…
Egypt to build its first plant to convert waste to energy in Giza
Egypt is set to build its first plant to convert waste into electric energy, said the Ministry of Military…