Tag: Oil

Oil falls to $54.45 as Russia requests time to assess additional OPEC production cuts

Coronavirus outbreak threatens the oil market by falling global demand: Source

Mohamed Adel Mohamed Adel

Petroleum Minister says oil production need to increase

El-Molla reviews crude oil production plans

Mohamed Adel Mohamed Adel

9 oil, gas search agreements signed at $452m investment in Mediterranean, Western Desert

The first agreement in the East Horus region, Western Desert, is with…

Daily News Egypt Daily News Egypt

Oil prices jump to highest level in more than 3 months, recording $68.66

Brent rise will not affect Egypt, thanks to hedging mechanism: Source

Mohamed Adel Mohamed Adel

Egypt implements 27 petroleum projects with $31bn investments: El-Molla

Egypt's gas production increase to 7.2bn scf/day, $5bn investments to raise fuel…

Mohamed Adel Mohamed Adel

Egypt signs four petroleum agreements for oil, gas exploration with investments worth $155m

Minister of Petroleum and Mineral Resources, Tarek El Molla  stated that the…

Daily News Egypt Daily News Egypt

Oil prices fall to $64.19 barrel due to US-China trade war

Brent rate increased by 1.5% on Friday after OPEC’s agreement to further…

Mohamed Adel Mohamed Adel

Oil prices hike ahead of OPEC meeting after large production cuts expectations

Brent increased by $0.75 to $61.57, WTI up by $0.65 to $56.75

Daily News Egypt Daily News Egypt

Leopard: everything must change so everything can stay the same?  

The great Italian writer Lampedusa has his central character Prince Tancredi articulate…

Daily News Egypt Daily News Egypt

Shell close to finalising sale of its oil assets in Western Desert

The company intends to progress in maritime tenders to expand its business,…

Mohamed Adel Mohamed Adel