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Business
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Economy
9/30/2023 6:47:22 PM
Egypt has converted 507,000 vehicles to run on natural gas as part of its national initiative meant to replace old cars that use traditional gasoline, the Ministry of Petroleum and Mineral Resources stated Thursday.
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Business
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Energy
9/28/2023 2:59:05 PM
Saudi Aramco on Thursday announced its first global investment in liquefied natural gas, part of a broader bid by the energy giant to expand beyond oil.
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Business
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Markets & Companies
9/27/2023 11:14:43 PM
Benchmark US crude oil for November delivery rose $3.29 to $93.68 a barrel Wednesday. Brent crude for November delivery rose $2.59 to $96.55 a barrel.
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Business
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Energy
9/27/2023 6:13:08 PM
Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings from scientists and the United Nations that countries must stop developing new fossil fuel resources if the world is to avoid catastrophic climate change.
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Business
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Markets & Companies
9/26/2023 10:58:06 PM
Benchmark US crude oil for November delivery rose 71 cents to $90.39 a barrel Tuesday. Brent crude for November delivery rose 67 cents to $93.96 a barrel.
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Business
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Energy
9/26/2023 3:10:30 PM
Egyptian Natural Gas Holding (EGAS) awarded four exploration contracts in the Mediterranean and Nile Delta to foreign companies, with minimum investments of $281 million and $7.5 million in signing grants, according to a Tuesday statement.
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Business
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Economy
9/26/2023 11:58:00 AM
Egypt’s state-owned oil companies launched an international tender for exploration contracts in 23 new areas, according to a statement by the Ministry of Petroleum and Mineral Resources on Monday.
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Business
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Markets & Companies
9/25/2023 10:38:49 PM
Benchmark US crude oil for November delivery fell 35 cents to $89.68 a barrel Monday. Brent crude for November delivery rose 2 cents to $93.29 a barrel.
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Sports
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Egyptian Football
9/25/2023 9:22:14 PM
Arab Contractors snatched a dramatic 1-1 draw against Zamalek on Monday, as a last-gasp goal left the White Knights frustrated at the start of their campaign.
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Business
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Economy
9/24/2023 2:55:39 PM
Egypt has revised up its projected total investments in oil and natural gas to $9 billion (EGP 277 billion) during the fiscal year 2023/24, according to Minister of Petroleum and Mineral Resources Tarek El-Molla.
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World
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Region
9/23/2023 8:48:56 PM
Israeli and Lebanese troops exchanged tear gas fire on Saturday on a disputed and highly militarised section of the demarcation line with the Israeli-annexed Golan Heights, the two armies said.
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World
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War in Ukraine
9/23/2023 9:57:54 AM
The September 26, 2022 explosions that damaged the Nord Stream pipelines cut off a major route for Russian gas exports to Europe and fuelled geopolitical tensions already running high over Moscow's war with Ukraine.
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Business
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Markets & Companies
9/20/2023 10:58:00 PM
Benchmark US crude oil for October delivery fell 92 cents to $90.28 a barrel Wednesday. Brent crude for November delivery fell 81 cents to $93.53 a barrel.
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Business
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Economy
9/20/2023 9:17:04 PM
The Egyptian Cabinet agreed to grant the golden licence to private company EgyptSat Auto to build and operate a factory that will begin producing electric vehicles (EVs) by the end of 2024.
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Egypt
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Foreign Affairs
9/20/2023 4:49:13 PM
Egypt is looking to expand energy cooperation with Turkey, which is already one of the largest importers of Egyptian gas, Minister of Foreign Affairs Sameh Shoukry said.
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Business
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Markets & Companies
9/19/2023 10:43:50 PM
Benchmark US crude oil for October delivery fell 28 cents to $91.20 a barrel Tuesday. Brent crude for November delivery fell 9 cents to $94.34 a barrel.
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Business
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Markets & Companies
9/18/2023 10:22:54 PM
Benchmark US crude oil for October delivery rose 71 cents to $91.48 a barrel Monday. Brent crude for November delivery rose 50 cents to $93.43 a barrel.
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World
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International
9/18/2023 6:17:34 PM
Yelling that the future and their lives depend on ending fossil fuels, tens of thousands of protesters on Sunday kicked off a week where leaders will try once again to curb climate change primarily caused by coal, oil and natural gas.
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Business
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Economy
9/18/2023 2:22:19 PM
Gas production in the giant offshore Zohr field went down by 11 percent in fiscal year 2022/2023, Egypt's Petroleum and Mineral Resources Ministry stated on Monday.
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Business
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Markets & Companies
9/13/2023 10:42:47 PM
Benchmark US crude oil for October delivery fell 32 cents to $88.52 a barrel Wednesday. Brent crude for November delivery fell 18 cents to $91.88 a barrel.
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