oil
Exclusive: Saudis to cut August oil exports to lowest level this year
Business
July 12, 2017
Exclusive: Saudis to cut August oil exports to lowest level this year
Saudi Arabia will cut crude oil shipments to its customers in August by more than 600,000 barrels per day to…
After Iran move, Total seen in pole position to snap up Qatar gas deals
Middle East
July 10, 2017
After Iran move, Total seen in pole position to snap up Qatar gas deals
Total is well placed to take a lead role in helping Qatar expand output from the world’s largest gas field,…
Peace at risk in Nigeria’s oil heartlands as locals’ patience wears thin
World
July 9, 2017
Peace at risk in Nigeria’s oil heartlands as locals’ patience wears thin
The Nigerian government’s efforts to secure peace in the oil heartlands of the Niger Delta are empty promises, community leaders…
Egyptians express concerns following new fuel hikes
Life & Style
June 29, 2017
Egyptians express concerns following new fuel hikes
Prices of gasoline and diesel in Egypt witnessed second hike wave on Thursday as the Egyptian government stated that…
Pakistan oil tanker explosion kills at least 120
Middle East
June 25, 2017
Pakistan oil tanker explosion kills at least 120
At least 120 people died and 130 were injured when an oil tanker truck exploded in Bahawalpur city in eastern…
Subsidized oil, sugar prices rise by LE2 each
Egypt
June 23, 2017
Subsidized oil, sugar prices rise by LE2 each
The Cabinet raised on Thursday the prices of subsidized sugar and oil by LE2 each from LE8 and LE12 to…
Multi-purpose supply vessel, largest in Middle East unveiled in Egypt
Egypt
June 21, 2017
Multi-purpose supply vessel, largest in Middle East unveiled in Egypt
Egypt unveiled on Tuesday a large multi-purpose vessel made in China that will be used to provide navigation services and…
Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt
Egypt
June 9, 2017
Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt
Egypt succeeded over the last three weeks, in paying off $2.2 billion dollars from oil debts dedicated to international oil…
Oil prices dip on fears Middle East spat could harm OPEC cuts
Business
June 5, 2017
Oil prices dip on fears Middle East spat could harm OPEC cuts
Oil prices reversed gains to trade down on Monday on concerns that the cutting of ties with Qatar by top…
Egypt aims to cut fuel imports to 10 percent of consumption by 2019
Business
June 4, 2017
Egypt aims to cut fuel imports to 10 percent of consumption by 2019
Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about…