Shell Egypt discovers new offshore natural gas reservoir
Shell Egypt has unveiled on Tuesday a new natural gas reservoir after completing the drilling of the first well in…
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Egypt to import rare LNG cargo
Egypt is set to import a rare cargo of liquefied natural gas (LNG), Bloomberg reported on Friday.
Eni to begin production at Egypt’s Orion X1 well within 3 years
Italian energy giant Eni is set to start natural gas production at Orion X1 well in Egypt’s Eastern Mediterranean…
Egypt reports rise in hydroelectric production
Egypt has reportedly witnessed an increased in hydroelectric production by 5.5 percent in fiscal year 2022-2023, an…
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.
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…