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Abbas said output was now running at about 20,000 barrels per day (bpd), compared with 380,000 bpd before an anti-regime uprising erupted in March 2011.
Minister of Petroleum, Osama Kamal, refused to comment on the matter
By Tim Reid Turkey has hung out its ‘for sale’ sign at just the right time to grab the attention of Arab investors who are in the market for new destinations to deploy their record energy revenues. A new Turkish real-estate law came into effect in May making it easier for Arabs to buy property …
Aung San Suu Kyi arrives to the US, with hopes of easing the import ban on her country
By Basma Tharwat The drought that recently hit the United States and Russia, the largest wheat exporters in the world, triggered fears of a global price rise of the strategic commodity. One of the world’s largest wheat importers, Egypt is expected to suffer greatly as a result. Noamany Nasr Noamany, Vice President of the General …
Crop Yield Prices Balancing Fund plan to be proposed to Cabinet