oil
IRNA: Iran to get second tranche of payment under nuclear deal
World
March 6, 2014
IRNA: Iran to get second tranche of payment under nuclear deal
Iran will soon receive a second installment of previously frozen assets which are being returned to it under an interim…
Egypt’s energy quagmire could sink Sisi
World
February 18, 2014
Egypt’s energy quagmire could sink Sisi
Egypt's army chief, Field Marshal Abdel Fattah al-Sisi, won vast popularity by crushing the Muslim Brotherhood, but even a man…
Three agreements signed to excavate oil and natural gas with US$265 million investments
Business
February 13, 2014
Three agreements signed to excavate oil and natural gas with US$265 million investments
Petroleum Ministry signed on Tuesday three new agreements on excavating petrol and natural gas in maritime areas north and east…
Yemen tribesmen blow up oil pipeline after checkpoint killing
World
January 6, 2014
Yemen tribesmen blow up oil pipeline after checkpoint killing
Tribesmen in Yemen's restive Hadramawt province blew up a major oil pipeline in retaliation for the killing by the army…
Polish oil company gives up on search for oil in Egypt’s Western Desert
Business
December 25, 2013
Polish oil company gives up on search for oil in Egypt’s Western Desert
A prominent source at the Egyptian General Petroleum Authority said that Polish Oil and Gas Company will stop its exploration…
Qingdao oil flow halted as explosion toll hits 47
World
November 23, 2013
Qingdao oil flow halted as explosion toll hits 47
Crude pipelines have been shut-off in the eastern Chinese oil hub of Qingdao pending safety checks a day after a…
Petrojet wins a US$100 million pipeline contract in Iraq
Business
November 19, 2013
Petrojet wins a US$100 million pipeline contract in Iraq
Egyptian-owned oil company Petrojet won a tender to design, supply and implement the butane pipeline project from Nasiriyah to Khor…
Egypt signs five new oil excavation deals
Business
November 9, 2013
Egypt signs five new oil excavation deals
Egypt’s Minister of Petroleum Sherif Ismail has signed five new deals for petroleum excavation in West Ghazalat in the Western…
Egypt preparing timetable for energy debts
Business
September 1, 2013
Egypt preparing timetable for energy debts
Egypt is preparing a timetable for repaying arrears on debts it owes to foreign oil companies operating in the country,…
Sources: curfew delays fuel supply to stations
Business
August 23, 2013
Sources: curfew delays fuel supply to stations
Despite the availability of oil and diesel surplus, long curfew hours have been delaying the delivery of supplies to oil…