Goldman Sachs analyst Neil Mehta downgraded Occidental Petroleum (OXY – Research Report) to a Sell today and set a price target of $45.00. The company’s shares closed yesterday at $48.92.

Actor Idris Elba has opened up about feeling ‘overwhelmed and angry’ while posting a passionate video urging people to put down their knives in 2019. The Luther star has been involved in the ...

On his larger vision for Gaza, Trump said he had call earlier in the day with King Abdullah II of Jordan and would speak Sunday with President Abdel Fattah el-Sissi of Egypt. “I’d like Egypt ...

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CAIRO, Jan 22 (Reuters) - Egyptian President Abdel Fattah al-Sisi said on Wednesday that the state needs $20 billion annually to secure petroleum products, according to a video provided by Sisi's ...

Just in case there was any doubt, President Donald Trump made it clear in his inauguration speech Monday that during his second term “we will drill, baby, drill.” Among his first acts, Trump ...

Egypt anticipates a ramp-up in oil volumes through the SUMED pipeline once Iran re-enters the world market - a move that is welcomed by Cairo, the country's petroleum minister Tarek El Molla told ...

Minister of Petroleum and Mineral Resources Karim Badawi visited the Misr Fertilizers Production Company’s (MOPCO) complex in Damietta, the largest industrial facility for nitrogen fertilizers ...

A controversial offshore petroleum licence has been cancelled by the government for public interest reasons, after being fought in courts for a surprising reason. Petroleum Exploration Permit 11 ...

An illustration of a magnifying glass. An illustration of a magnifying glass.

President John Mahama has appointed legal practitioner, Victoria Emeafa Hardcastle as Acting Chief Executive Officer (CEO) of Petroleum Commission. The appointment was made in accordance with ...