Tag: Oil

Maduro's oil leverage drips away

Venezuela's socialist rulers have lived well off the nation's oil industry for…

Deutsche Welle Deutsche Welle

Oil prices rose to $59.9 as supply declines

Economic growth slowdown in importing countries threatens OPEC's efforts to increase oil…

Mohamed Adel Mohamed Adel

Oil prices fell to $53 due to increased supply

Talks to extend OPEC deal to cut oil production in 2019

Mohamed Adel Mohamed Adel

$150m decline in foreign partners’ shares in Egyptian oilfields

Expectations of lower Brent price globally due to increased supply: source

Mohamed Adel Mohamed Adel

Oil price plummeting relieves pressure on Egypt’s budget

Recent geopolitical events have sparked key role in decreased prices

Ahmed Lamloum Ahmed Lamloum

Dana Gas production in Egypt fell by 5,100 barrels of oil equivalent

First deep sea well to be drilled in sector 6 early next…

Mohamed Adel Mohamed Adel

US sanctions: Iran vows to sell oil, resist US 'economic war'

Iran has vowed to skirt US sanctions and keep exporting oil. The…

Deutsche Welle Deutsche Welle

15% cut in oil, gas production costs in Egypt

Work programme developed with companies to increase reliance on domestic production: source

Mohamed Adel Mohamed Adel

Foreign partners’ share in petroleum fields increases to $750m on monthly basis

Increase in oil prices globally. linking new wells to production are reasons:…

Mohamed Adel Mohamed Adel

Petroleum products subsidies up by EGP 10bn in Q1 2018/19

20% increase in barrel price than estimated by state budget

Mohamed Adel Mohamed Adel