Saudi Arabia to reduce its reliance on oil
In a bid to shore up the Middle East nation's finances battered…
Oil prices hit fresh lows, dragging markets along
A barrel of the black stuff, which consistently traded above $100 between…
BP broadens stake in Egypt’s West Nile Delta project
Company acquired 22.75% in the North Alexandria concession as well as 2.75%…
OPEC to decide on oil export policy
The world's net oil exporters aren't expected to announce a production cut…
US sanctions businessman buying oil from ‘Islamic State’, Al-Assad supporters
The US has slapped sanctions on a number of individuals accused of…
62 production sharing contracts signed by Egypt: EGPC Chairman
12 contracts signed in pipeline sector
Rockefeller Fund: ‘The oil age is coming to an end’
Stephen Heintz, president of the Rockefeller Brothers Fund, explains to DW how…
Al-Sisi, Eni CEO discuss possibility of establishing gas hub
Both parties discussed forming a gas hub in eastern Mediterranean Sea to…
Egyptian petroleum exports decline as imports increase
The Egyptian petroleum exports decreased by 40.7% last June
Lifting sanctions on Iran puts pressure on Arab oil producing states
2m barrels of crude oil daily surplus between world production and consumption
