ENERGY

Rolls-Royce and Turkey’s EUAS International ICC have signed a Memorandum of Understanding to carry out a study to evaluate both the technical, economical...

As the world energy market is in panic, Russia started employing its warships to secure the ongoing completion works of the Nord Stream 2 project. Russian warships...

Oil prices plunged more than 26%, after OPEC failed to strike a deal with its allies regarding production cuts. As a result, Saudi Arabia slashed its prices...

The Saudi cabinet hailed on Tuesday the announcement that the Jafurah non-associated, unconventional gas field will be developed with a $110 billion investment. Custodian...

Russia supports a recommendation to deepen OPEC+ global oil supply curbs to compensate for a drop in demand caused by the coronavirus, Foreign Minister Sergei...

The United Arab Emirates announced the discovery of a new gas field with an estimated reserves of 80 trillion cubic feet, the country’s prime minister...

Oil prices fell on Thursday on alarm over the economic impact of the coronavirus that continues to spread worldwide while the market also considered the possibility...

Ethiopia has begun preparations in connection with building a new nuclear power plant in the country under an agreement initially signed with Russia’s...

The Hellenic Republic Asset Development Fund (HRADF) on Thursday said that following the decision of its Board of Directors, it has launched an international...

Belgium-based industrial investor Cenergy Holdings on Wednesday announced that Greece’s Independent Power Transmission Operator (ADMIE) commissioned Fulgor,...

SNC-Lavalin announces that it has been awarded an engineering services contract from Al Dhafra Petroleum, a joint venture company between ADNOC and the Korea...

The Egyptian Ministry of Petroleum has signed nine agreements to search for and produce oil and natural gas in the Mediterranean and Western Desert regions. The...