Achieving one of his key goals, Egyptian President Abdel Fattah al-Sisi has succeeded in completing a major investment of $6 billion to extend the Suez Canal water way which allows larger amounts of...
Read moreLibya pumped about 1.6 MMbpd of crude before the 2011 rebellion that ended Muammar Qaddafi’s 42-year rule. Output fell to a quarter of that level this year as militias affiliated with rival...
Read moreOil-rich nations across the Persian Gulf are seeking ways to continue output from fields that are at least half a century old. While the industry average is for producers to recover about 35% of...
Read moreEni has made an important gas discovery in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta, 120 kilometers north-east of Alexandria, Egypt. Preliminary...
Read moreThe Italian Foreign Ministry (Farnesina) reported that four Italian construction workers were kidnapped near Eni’s Mellitahoil and gas complex on Sunday. The four men are employees of Bonatti, an...
Read moreSiemens is partnering with Con Edison, the utility that powers New York City, to install technology that will help keep Con Edison customers in sections of Lower Manhattan in service during severe...
Read moreThe U.S. government on Tuesday modestly raised its 2015 and 2016 U.S. crude oil production forecasts while lowering its price outlook. In its short term energy outlook, the U.S. Energy Information...
Read moreThe UK’s South Hook liquefied natural gas import terminal is expected to receive a cargo of LNG on July 14, port data says. The Al Ghariya LNG carrier, with a capacity of 210,000 cubic metres is...
Read moreEnergy firms pulled three rigs from U.S. oil fields this week, the smallest drop in five weeks, data showed on Friday, a sign the collapse in drilling is coming to an end as crude prices recovered...
Read moreThe Chairman of KazMunayGas’ (KMG) Management Board, Sauat Mynbayev, and Eni’s CEO, Claudio Descalzi, finalized today, in the presence of the President of the Republic of Kazakhstan, Nursultan...
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