Further increase in global oil prices would put pressure on Egyptian budget: IMF
Global risks highlight the need to broaden and accelerate structural reforms, mentions staff…
EGPC to pay between $200-500m of foreign partners’ entitlements within two months
Receipt of fourth shipment of 2mn barrels of Iraqi oil in two…
SMEDA signs contracts to convert 1,000 cars to operate using natural gas, funding 10 car oil retail outlets
Agency has already converted 27,500 cars, opened 41 outlets to sell oil…
ThyssenKrupp offers to partner with Egyptian oil companies on 5 new projects
The German conglomerate ThyssenKrupp offered to participate with Egyptian oil companies in…
President’s second mandate: Challenges and opportunities
Economic reform policies top issues, political reform hoped for
Oil prices plunge as reports of increased production by OPEC, Russia emerge
Oil prices plunged on Friday to their lowest levels in weeks, on…
Parliament approves oil, gas exploration agreement in North Sinai maritime zones
The Egyptian Parliament's energy committee approved an agreement for oil and gas…
Iran to maintain oil exports if EU salvages nuclear deal
Iranian Oil Minister Bijan Zanganeh said that the US President Donald Trump’s…
CBE maintains interest rates in the wake of rising oil prices
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to…
Saudi oil storage in Egypt, marketing in Europe: Aramco
Minister of Petroleum and Mineral Resources Tarek El-Molla and the CEO of…