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Algeria's mass protests (Twitter)
March 11th, 2019 - 12:17 GMT

If Arab Spring Passed Algeria 1st Time, it is Not Doing it Again

A month ago, Algeria’s ruling party, the FLN, voted to stay the course and picked President Abdelaziz Bouteflika as its candidate to run for a fifth term — but a great deal has unfolded in that timeframe to bring the viability of the 82-year old leader into question.
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Lukoil accounts for over two per cent of global crude oil production and around one per cent of the world’s proved hydrocarbon reserves.  (File photo)
March 5th, 2017 - 10:00 GMT

Russia's Lukoil eyes operations expansion in Middle East


Renewables are projected to be the fastest growing fuel source, growing at an average rate of 7.6 per cent per year. (Shutterstock)
January 30th, 2017 - 10:00 GMT

Emerging markets are changing global demand for energy: BP

With the two latest deals, Egypt's petroleum sector would have concluded 76 deals for oil and gas exploration with international companies since November 2013. (Shutterstock)
January 18th, 2017 - 05:00 GMT

Egypt signs oil and gas exploration deals worth $30M

Russia has been a leading non-member supporter of efforts to control production and influence crude oil prices. (Shutterstock)
October 19th, 2016 - 07:00 GMT

Crude oil rallies as support builds for OPEC production freeze

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)
October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Saudi Arabia suffered a deficit of $98 billion in 2015, while the projected shortage this year is $87 billion. (Shutterstock/Andrew V Marcus)
September 25th, 2016 - 11:30 GMT

No end in sight for the new norm of GCC budget deficits

The IOCs' interest in the third Cypriot licensing round stems from Eni's major Zohr gas discovery in August 2015, in northern Egyptian waters about five miles from Cypriot wa­ters. (Pexels)
August 30th, 2016 - 05:02 GMT

After Egypt's gas discovery, oil majors rush to bid for Cyprus' offshore blocks

Many of the companies looking at Eni's Zohr are either already active in Egypt or have recently landed bordering acreage in Cyprus, such as Exxon Mobil and Total.  (Eni)
August 14th, 2016 - 09:00 GMT

Eni mulls sale of 20 percent stake in Egypt's giant Zohr gas field

BP in January said it would trim around 600 from its payroll to ensure it remains competitive in the North Sea environment. (Shutterstock)
June 26th, 2016 - 05:36 GMT

Brexit: British oil and gas sector calls for unity amid uncertainty

The Baltim South West well is located 12 kilometres from the coast, 25 metres deep, and 10 kilometres north of the Nooros field. (File photo)
June 12th, 2016 - 04:26 GMT

BP, Eni confirm new 'significant' gas discovery in Egypt's Mediterranean

Kuwait’s Deputy Foreign Minister Khaled Jarallah said Saturday the market could not support a production increase from Iran, adding oil exporting countries must freeze output. (File photo)
May 16th, 2016 - 11:03 GMT

Kuwait calls on Iran to join oil production freeze plan

The sale of Saudi Aramco is planned as soon as 2017 or 2018 and would in theory be five times larger than any initial public offering (IPO) in history. (File photo)
May 10th, 2016 - 09:00 GMT

Saudi Aramco plans listing in London, Hong Kong, and New York

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