Russia’s Rosneft buys 30% of gas field off Egypt
Russia's Rosneft said it has completed a deal to acquire a 30 percent stake in the Zohr field, the largest gas…
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Alexandria Petroleum’s output hits 33.9bn Egyptian pounds in FY2016/17
Egyptian state-run Alexandria Petroleum Company's output reached 33.9 billion Egyptian pounds ($1.9 billion)…
Baker Hughes wins major subsea deal for Egypt’s giant zohr field
General Electric’s Baker Hughes energy services firm announced Saturday it had won a major subsea contract from…
Egypt signs $81.4 mln of oil and gas deals with Shell, Apex
Egypt’s Oil Minister Tarek el-Molla has signed Tuesday three oil and gas exploration agreements for 16 new fields…
Egypt inks three contracts of $79 mln for oil and gas exploration: minister
Minister of Petroleum Tarek al-Mulla signed three new agreements for oil and gas exploration in the Western…
Mubarak-era tycoon Hussein Salem acquitted of money laundering charges
Cairo Criminal Court ordered the acquittal on Tuesday of Mubarak-era business tycoon Hussein Salem of…
Shell considering buying Israeli, Cyprus gas for Egypt plant
Royal Dutch Shell Plcis in talks to buy natural gas from Israel’s Leviathan field, combine it with output…
Iran parliament clears oil, foreign ministers for Rouhani’s new Cabinet
The Iranian parliament voted on Sunday to keep the oil and foreign ministers, two of pragmatist President Hassan…
Egypt’s large Atoll gas field aims to start output before year-end: minister
Egypt aims to start natural gas production from its large offshore $3.8 billion Atoll gas field at the end of 2017,…
Egypt to reduce LNG imports to 80 cargoes in FY2017/18
Egypt has been trying to speed up the development of recent gas discoveries with a view to halting imports by 2019.…