Government aims to renew hedging against oil price fluctuations
Oil price fell below $60 a barrel, contrary to expectations, according to…
Qarun Petroleum Company invests $237m in FY 2019/20
Moreover, he said that the average daily production of the company during…
Investments in oil sector reach $10.633bn in FY2020
Foreign companies pump 94.3% of investments, state-owned companies represent 5.7%
Egypt’s Petroleum Minister to participate in South Sudan Oil & Power Conference
Egypt, South Sudan own 90% of oil production in Nile Basin
Houthis claim attack on Saudi Arabia’s Shaybah oil field
The facilities attacked included a refinery and oil storage, Al Masirah said,…
Egypt’s PMI amounts to 50.3 in July: IHS Markit
Overall, firms are generally positive regarding future condition of economy, says David…
Oil prices fall to $61.15 per barrel as trade war subsides
Decline in oil prices to reduce fuel subsidies to 10% in Q1…
Iran captures new tanker in Gulf claiming it was smuggling oil
Pompeo says he is confident that US could build maritime coalition in…
Libya’s largest oil field shut down
El Sharara oil field is located at the south-western Murzuq Desert.
Government hedges against oil price increase at under $70 per barrel
Renewal of hedging contracts every 3 months with review of oil value…