Tag: Oil

Cost of LNG imports during current fiscal year amount to $1.8bn: Minister of Petroleum

Egypt’s current gas production at 5.2bn cf per day, imports to stop…

Mohamed Adel Mohamed Adel

Egypt’s oil and gas sector on a roll after years of turmoil: report

The hefty international contracts should pave the way to explorations in the…

Elsayed Solyman Elsayed Solyman

Total acquires Maersk Oil for $7.45bn in share and debt transaction

Total company announced in a statement that its boards and A.P. Møller-Mærsk…

Nehal Samir Nehal Samir

Petroleum Ministry to re-draft contracting forms by end of 2018

The petroleum committee met foreign partners to discuss their suggestions for amendments

Mohamed Adel Mohamed Adel

Increased explorations and high production rates caused by political stability: Minister of Petroleum

Minister of Petroleum and Mineral Resources Tarek El Molla said that Egypt's…

Mohamed Farag Mohamed Farag

Foreign oil companies invested $8.1bn in Egypt in the last fiscal year

Investments are more than before by $2.2bn, up by 23%

Mohamed Ayyad Mohamed Ayyad

Best performance week for Oil since beginning of 2017—Al Masah Capital Weekly Report

Oil was the star of the week, with weekly gains exceeding 9%,…

Daily News Egypt Daily News Egypt

92% decrease in global demand on Egypt’s oil in 2018: Credit Suisse 

Nigeria and Libya production surprised to the upside, and demand growth hit…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt to receive Iraqi oil next week

First shipment will be 2 million barrels, according to Ezz El Regal

Mohamed Farag Mohamed Farag

OPEC likely to extend oil output cut

After logging their biggest one-day drop in more than a month on…

Deutsche Welle Deutsche Welle