Prime Minister Dr. Moustafa Madbouly witnessed today, Wednesday, the signing ceremony of the agreement to establish a 500-megawatt wind farm in the Gulf of Suez...
The Ministry of Petroleum and Mineral Resources announced today, Wednesday, the successful drilling of the exploratory well 'East Crystal-1' in the Gulf of Suez, carried...
Acwa Power, a leading Saudi energy developer, has secured financing of 2.64 billion Saudi riyals (approximately $702 million) for a 1,100-megawatt wind power project in...
Middle Eastern oil markets are witnessing a decline in supply amid the UAE's intention to reduce its crude oil sales and the stumbling of Iranian...
The OPEC+ alliance has postponed its online meeting on oil production, originally scheduled for the following Sunday, to December 5th. This decision was announced in...
Homzmart, Egypt’s leading online furniture platform, and Paymob, the leading financial services provider in the Middle East and North Africa, have announced the signing of...
Petroleum and Mineral Resources Minister Engineer Karim Badawy met with a delegation from IBR Company, led by Chairman Dr. Mahmoud Dabous. The discussion centered on...
Oil prices dipped on Monday after China announced a stimulus package that fell short of expectations.