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Egypt aims to cut fuel imports to 10 percent of consumption by 2019
Business

Egypt aims to cut fuel imports to 10 percent of consumption by 2019

Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about…
Tunisia forces clash with protesters, one killed, stations burned
Middle East

Tunisia forces clash with protesters, one killed, stations burned

Tunisian security forces firing teargas clashed with protesters on Monday after they burned down two police stations following the death…
Recent economic reforms had negative impact on my popularity: Sisi
Egypt

Recent economic reforms had negative impact on my popularity: Sisi

President Abdel Fattah al-Sisi was interviewed by the editors-in-chief of three Egyptian newspapers—Al-Gomhoria, Akhbar Al-Youm and the main state-run newspaper…
BP launches two new gas fields in Egypt
Economy

BP launches two new gas fields in Egypt

BP has started gas production from two fields in its West Nile Delta development off Egypt’s coast, the second of…
Tunisian job protests hit oil and gas output
Middle East

Tunisian job protests hit oil and gas output

Protests over jobs and development in southern and central Tunisia have halted production at or shut the fields of two…
Saudis take 100% control of America’s largest oil refinery
Business

Saudis take 100% control of America’s largest oil refinery

Saudi Aramco, the kingdom's state-owned oil behemoth, took 100% control of the sprawling Port Arthur refinery in Texas on Monday,…
Swiss court obliges Egypt to pay $2 bln to Israel over suspension of gas exports
Egypt

Swiss court obliges Egypt to pay $2 bln to Israel over suspension of gas exports

A Swiss court ordered Egypt to pay $2 billion on Friday to a state-run Israeli electricity company as compensation for…
Iran boosts gas production from underwater field
Business

Iran boosts gas production from underwater field

 Iran said Sunday that it has more than doubled production at a giant undersea gas reservoir over the last four…
Petroleum Minister, EU officials meet to boost cooperation in energy projects
Business

Petroleum Minister, EU officials meet to boost cooperation in energy projects

Petroleum Ministry Tareq el-Molla met with Christian Danielsson, Director-General for European Neighbourhood Policy and Enlargement Negotiations, and Ivan Surkos, Head of the European Delegation…
Oil companies optimistic about Egypt, eyeing more investment, discoveries
Business

Oil companies optimistic about Egypt, eyeing more investment, discoveries

Major international oil companies say they plan to step up their investments in Egypt, expecting to find more oil and gas now…
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