Iraq finishes two thirds of Grand Faw Port
Iraq, the OPEC member, has completed around two thirds of the Grand Faw Port project, said Iraq’s Transport…
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oil and gas
Egypt’s fuel subsidies drop 2% YoY in FY2022/23
Egypt's Petroleum subsidies fell by two percent year on year (YoY) to reach 58 billion Egyptian pounds during the…
BP invests $10 mln in biofuel firm
BP, the British multinational oil and gas firm, are investing $10 million in WasteFuel, a biofuels company that…
Shell shareholder meeting discontinued by climate protesters
The annual general shareholder meeting of Shell was discontinued on Tuesday due to climate activists protesting…
European energy markets face 3 main challenges – IEA’s chief
The International Energy Agency's (IEA) head, Fatih Birol, said that he expects European oil markets to face three…
EPA to regulate power plants emissions for 1st time
Environmental Protection Agency (EPA) is set to announce on Thursday a new proposal regulating emissions from power…
Aramco posts 19% drop in Q1 profit
Saudi Arabia oil gaint Aramco posted on Tuesday its first quarter’s earnings, reporting net income of $31.9 billion…
BP profit rises to $5bln in Q1 – report
UK oil and gas BP reported on Tuesday a $5 billion profit in the first quarter, representing the second-best…
Norway’s sovereign fund to vote against climate resolution at BP
Norwegian sovereign wealth fund, worth an estimated $1.4 trillion, one of the world's largest investors, said on…
Republicans push sprawling bill to unleash American energy
House Republicans are set to approve a comprehensive energy package seeking to ease restrictions on oil and gas…