Chevron Corporation CVX, along with several other multinational energy firms, has exited its oil concession blocks in Egypt’s Red Sea region after failing to discover commercial oil or gas reserves.

Ras Hankorab Beach, a pristine spot on southern Egypt's Red Sea coast with crystal clear waters and flat white sands, is the ...

Chevron Corporation CVX, along with several other multinational energy firms, has exited its oil concession blocks in Egypt’s Red Sea region after failing to discover commercial oil or gas reserves.

As part of its efforts to become an energy hub, Egypt awarded oil and gas exploration concessions in the Red Sea for the first time to Chevron, Shell and Abu Dhabi sovereign wealth fund Mubadala ...

Six Russians died on Thursday and 39 foreign tourists were rescued when a viewing submarine sank off the Egyptian Red Sea ...

Egypt's Ministry of Petroleum and Mineral Resources announced the signing of contracts for the Egyptian-Chinese joint venture ...

A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas concession blocks after making no finds and have channeled their resources elsewhere in the ...

Cairo — Six tourists died on Thursday when a tourist submarine sank off the resort of Hurghada on Egypt's Red Sea coast, the provincial governor said. The submarine was carrying 45 foreign ...