British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is ...

Exxon Mobil Corporation XOM has made a significant natural gas discovery off Egypt’s Mediterranean coast, an area of growing importance for the global energy sector. The find, announced in an emailed ...

Exxon completed the exploratory drilling of Nefertari-1 in the North Marakia block, which is located about five miles off Egypt's northern coast, the ...