Tag: Oil

Lifting sanctions on Iran puts pressure on Arab oil producing states

2m barrels of crude oil daily surplus between world production and consumption

Rana Yehia

$650m value of partner’s share of gas, oil monthly with Brent decline: Petroleum Minister

Value of crude obtained daily from foreign companies declines to $380m

Mohamed Adel

Oil supply forecast to shrink next year

Cheap oil prices have been massively affecting global markets, from countries' budgets…

Deutsche Welle

Cheap oil threatens North Sea fields

Low oil prices have strained the budgets of countries, which depend mainly…

Deutsche Welle

Eni’s share value inches up after announcement of Egypt’s natural gas discovery

The value per share reached €15.2 after company's CEO announced that he…

Menna Samir

Multi-company drilling for gas in Mediterranean will occur: Sherif Ismail

We have reached an agreement with Eni over Noras field gas, with production…

Mohamed Adel

Eni gas discovery to alleviate balance of payments pressures: Moody’s

Recent gas discovery is positive credit for Egypt, says report

Daily News Egypt

Led by Saudi Arabia, Persian Gulf oil countries resist tough climate agreement

Saudi Arabia is being accused of trying to water down the climate…

Deutsche Welle

IS in Tripoli claim car-bomb on Eni office day after Egypt gas discovery

Strike targeted a “den of apostates”, IS supporters said

Emir Nader

10 water stations closed, investigations ongoing in Assiut after oil leak

15 metres of Mazzot oil had leaked into the Nile

Shaden Khalil