Tag: Oil

Gulf Arabs free fuel for Egypt reaches $6bn in value

The aid helps reduce the heavy costs of government fuel subsidies and…

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South Sudan army battles rebels for key oil town

Bentiu fell into rebel hands last month, and opposition forces were accused…

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Libya assembly speaker confirms Miitig as premier

AFP - The speaker of Libya’s General National Congress confirmed Ahmed Miitig…

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West struggles for winning formula on Russian sanctions

Some of the Western bankers, money managers and oil traders who help…

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Egypt’s debt to foreign oil firms up at $5.7bn

Reuters - Egypt's debts to foreign oil companies operating in the country rose…

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Egypt to construct deepwater drilling rig via $900m from Bank of Japan

Ministry of Petroleum says the project will be carried out by the…

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UK’s BG Group’s CEO quits, firm warns on production

Reuters - BG Group’s chief executive resigned on Monday as the British…

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Egypt to pay some $1bn owed oil firms within two months: Minister

Reuters - Egypt will pay about $1bn of the money it owes to foreign…

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Israeli gas holds promise of better ties with neighbours

Israel in talks with Egypt, Turkey on major gas export deals

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Oil company introduces its ‘most advanced modern technology’: Shell Egypt

Company says its “Helix Ultra” is the most advanced oil yet

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