oil

Gold, oil prices retreat, shares rebound in Asian trading
Business

Gold, oil prices retreat, shares rebound in Asian trading

BANGKOK (AP) — Shares advanced in Asia Tuesday following modest gains on Wall Street despite caution over rising tensions between…
Egypt signs agreements worth US$155 million for oil and natural gas exploration
Business

Egypt signs agreements worth US$155 million for oil and natural gas exploration

Egyptian Minister of Petroleum and Mineral Resources Tarek al-Molla signed on Wednesday four new petroleum agreements for the exploration and…
Egypt to begin gas imports from Israel by mid-January 2020
Egypt

Egypt to begin gas imports from Israel by mid-January 2020

CAIRO/JERUSALEM (Reuters) – Egypt will begin importing natural gas from Israel by mid-January 2020, Israeli Energy Minister Yuval Steinitz told…
Syria says possible drone attacks hit 3 oil, gas facilities
Middle East

Syria says possible drone attacks hit 3 oil, gas facilities

BEIRUT (AP) — Near-simultaneous attacks believed to have been carried out by drones hit three government-run oil and gas installations…
Egypt to increase crude oil production, sign new agreements: Oil Minister
Business

Egypt to increase crude oil production, sign new agreements: Oil Minister

Egypt’s government will increase crude oil production to bridge declining domestic consumption through developing systems and procedures, offering bids, and…
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph
Business

Egypt’s dues to foreign oil companies lowest level since 2010: Infograph

Dues to foreign oil companies in Egypt have decreased to their lowest level since 2010, thanks to the payment of…
Rouhani says Iran budget set to resist US sanctions by curbing oil dependence
Middle East

Rouhani says Iran budget set to resist US sanctions by curbing oil dependence

DUBAI (Reuters) – Iranian President Hassan Rouhani presented a draft state budget of about $39 billion to parliament on Sunday,…
OPEC nations grapple with oversupply of oil
Business

OPEC nations grapple with oversupply of oil

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down…
Planned fossil fuel output swamps Paris climate goals
World

Planned fossil fuel output swamps Paris climate goals

Oil, gas and coal output already planned or in the pipeline will overwhelm efforts to cap global warming at levels…
‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO
Middle East

‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO

RIYADH (Reuters) – From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online…
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