Saudi Arabia to double natural gas output in 15 years
Saudi Arabia, the world’s top oil exporter, will double its natural gas output by 2030 but plans to keep all...
Oil & Gas
Qatar is set for budget surplus despite drops in oil prices
Qatar may well end the financial year on a budget surplus despite the slump in global oil price by about...
Iraq’s oil exports rising
Iraq’s oil exports from its southern terminals are holding close to a record high in October and Kurdish shipments are...
Egypt signs 36 oil exploration deals worth $2 billion
Egyptian Petroleum Minister Sherif Ismaeil announced that the new oil agreements bring the total of new deals since November 2013...
Egyptian EGAS pumps $4 billion to increase gas production
The state-owned firm Egyptian Natural Gas Holding Company (EGAS) plans to increase its gas production with investment worth US$4 billion...
BP awards Oman rig contracts worth $730 million
BP has awarded a pair of contracts for the construction and operation of drilling rigs for the Khazzan onshore gas...
Saudi oil exports fetch $221.33 billion in 9 months
Saudi Arabia’s oil exports reached 2.06 billion barrels in the first nine months of 2014 with proceeds amounting to SR830...
France's Total wins Egypt gas exploration license
French oil company Total has been awarded a license to explore for natural gas in the Nile Delta, a source...
Egypt to invest $14.5 billion in petrochemicals and refining
Egypt plans to invest $14.5 billion in developing its refining and petrochemicals sectors over the next five years, its oil...
Egypt awards oil and gas exploration blocks
Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm, the...
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