oil and gas

Norway steps in to end oil and gas strike, averting a fresh energy shock for Europe
World

Norway steps in to end oil and gas strike, averting a fresh energy shock for Europe

Norway has intervened to end a strike by oil and gas workers, the country’s government said in a statement late…
Petroleum Ministry bid attracts 3 international oil companies to Red Sea
Business

Petroleum Ministry bid attracts 3 international oil companies to Red Sea

The Ministry of Petroleum and Mineral Resources announced that the first global bid for oil and gas exploration in the…
Egypt approves USD$ 105 mn exploration agreement with Eni, Tharwa in Mediterranean
Economy

Egypt approves USD$ 105 mn exploration agreement with Eni, Tharwa in Mediterranean

Egypt approved a USD $105 million exploration agreement with Italy’s Eni and the Egyptian Tharwa company to search in the Mediterranean for…
Hurricane Harvey closes key oil, gas operations in Texas
Economy

Hurricane Harvey closes key oil, gas operations in Texas

Key oil and gas facilities along the Texas Gulf Coast have temporarily shut down as Harvey pounds the region with…
Kuwait oil, gas workers end three-day strike: local newspaper
Business

Kuwait oil, gas workers end three-day strike: local newspaper

Kuwaiti oil and gas workers have ended a three-day strike that had temporarily cut the OPEC member's crude production by…
Egypt working on oil and gas exploration deals worth $9.2 bn
Egypt

Egypt working on oil and gas exploration deals worth $9.2 bn

Egypt has three major oil and gas deals worth a total of $9.2 billion underway, after attracting investment of about…
Fact Box: Experts weigh in on oil prices after Chavez death
Business

Fact Box: Experts weigh in on oil prices after Chavez death

Venezuelan President Hugo Chavez died on Tuesday after 14 years in power, during which he remodeled the OPEC country's oil…
Suez Canal revenues drop 3.6% in first half of fiscal year
Business

Suez Canal revenues drop 3.6% in first half of fiscal year

Suez Canal revenues fell 3.6 percent in first half of the current fiscal year versus the same period before, Planning…
Is fracking responsible for the flooding of an Upper Egyptian village?
Environment

Is fracking responsible for the flooding of an Upper Egyptian village?

The village of Fares, located about 75km north of the city of Aswan near Kom Ombo, is currently being destroyed…
Inside oil and gas industry, serious disgruntlement
Business

Inside oil and gas industry, serious disgruntlement

International oil and gas companies see great potential in Egypt, but say they are frustrated with the current state of…
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