Tag: Oil

Oil prices rise on Libya output doubts, demand outlook

The latest crisis erupted in July, when security guards at key oil…

Daily News Egypt

Oil price gains capped by prospect of Iran supplies

Brent North crude for February firmed two cents to stand at $106.77…

Daily News Egypt

UAE sees keen interest for largest oilfields on revised terms: Minister

Under the concession arrangement, ADNOC held a 60% controlling stake in the…

Daily News Egypt

Oil prices rise as US cold snap boosts demand

Brent North crude gained also 37 cents to stand at $107.10 in…

Daily News Egypt

Libya budget crisis looms as oil strikes wipe out finances

Oil exports, which account for practically all the government's annual revenue of…

Daily News Egypt

Egypt Auctions 22 Oil, Gas Exploration Concessions

Exploration companies have been hesitant to develop untapped gas finds in Egyptian…

Daily News Egypt

Syria inks oil, gas exploration deal with Russian firm

The agreement was signed by Syrian Oil Minister Suleiman Abbas, Syria's General…

Daily News Egypt

Oil prices rise amid South Sudan violence

Brent North Sea crude for February gained 26 cents to $111.82 a…

Daily News Egypt

Egypt says to complete $1.5bn payment to oil firms this week

Approval of the $1.5 billion payment was announced by the government on…

Daily News Egypt

Egypt to pay $1bn to foreign oil firms Monday: Central Bank

Egypt pledged last week to pay $300 million of the money it…

Daily News Egypt