petroleum
Egypt signs agreements worth US$155 million for oil and natural gas exploration
Business
December 25, 2019
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’s dues to foreign oil companies lowest level since 2010: Infograph
Business
December 8, 2019
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…
UAE says it has world’s sixth-largest crude oil reserves
Middle East
November 5, 2019
UAE says it has world’s sixth-largest crude oil reserves
DUBAI, United Arab Emirates (AP) — The United Arab Emirates now says it is home to the world’s sixth-largest crude…
Qatar Petroleum buys stake in Total’s Guyana assets
Middle East
July 29, 2019
Qatar Petroleum buys stake in Total’s Guyana assets
DUBAI (Reuters) – Qatar Petroleum said on Monday it had agreed a deal with Total (TOTF.PA) to acquire a stake…
International oil companies to increase investments in Egypt: minister
Business
July 22, 2019
International oil companies to increase investments in Egypt: minister
The keenness of major international oil companies to pump more investments into the Egyptian oil market is strong evidence of…
OPEC extends oil output cuts after Moscow-Riyadh pact
Middle East
July 2, 2019
OPEC extends oil output cuts after Moscow-Riyadh pact
OPEC agreed Monday to extend by nine months daily oil output cuts aimed at supporting prices and soaking up excess…
Minister: Egypt to achieve petroleum product self-sufficiency by 2022-2023
Egypt
June 15, 2019
Minister: Egypt to achieve petroleum product self-sufficiency by 2022-2023
Minister of Petroleum and Mineral Resources Tarek al-Mulla announced that Egypt intends to achieve self-sufficiency in fuel and petroleum products,…
Egypt links price of gasoline rated 95 to global price
Egypt
January 7, 2019
Egypt links price of gasoline rated 95 to global price
The Egyptian government decided to link the sale price of the gasoline with 95 octane ratings to the world…
Petroleum Ministry to put up first international bid for exploration in Red Sea within days
Business
December 10, 2018
Petroleum Ministry to put up first international bid for exploration in Red Sea within days
Minister of Petroleum and Mineral Resources Tarek al-Mulla said that the first international bid for exploration in the Red…
ExxonMobil wants to expand gas activities in Egypt
Egypt
November 10, 2018
ExxonMobil wants to expand gas activities in Egypt
ExxonMobil Company President Bryan Milton expressed his company’s desire to increase its cooperation and expansion in Egyptian oil and…