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Business
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Energy
3/14/2025 5:36:47 PM
Qatar will provide natural gas supplies to Syria with the aim of generating 400 megawatts of electricity a day, in a measure to help address the war-battered country’s severe electricity shortages, Syrian state-run news agency SANA reported Friday.
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Business
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Energy
3/3/2025 10:43:48 PM
The Ministry of Petroleum and Mineral Resources announced Monday the launch of new investment opportunities to enhance crude oil and natural gas production.
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Al-Ahram Weekly
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Economy
3/1/2025 3:35:00 PM
The streak of bad news on Egypt’s natural-gas production has been broken, following three years of a decline in production, under-met demand, and increased imports, with officials now speaking of the possibility of Egypt regaining its status as a net gas exporter by 2027.
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Business
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Energy
2/11/2025 2:55:26 PM
Ride-hailing app DiDi Egypt announced Tuesday a strategic collaboration with TAQA Gas subsidiary Master Gas, a distributor of compressed natural gas (CNG), to promote CNG usage among Egyptian drivers.
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Al-Ahram Weekly
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Economy
2/9/2025 8:35:00 PM
What does the resumption of drilling in the Zohr Field mean for Egypt’s natural gas deficit?
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Business
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Energy
1/15/2025 1:05:34 PM
Egypt and Italian energy company Eni are discussing establishing a new liquefied natural gas (LNG) import terminal in Damietta on the Mediterranean coast, with approximately $150 million, according to Asharq Bloomberg.
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Business
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Economy
11/24/2024 4:31:55 PM
When Nigeria's President Bola Tinubu ended the costly subsidies that made petrol affordable for many in Africa's most populous country, Ahmed Halilu knew his e-hailing cab business in the capital, Abuja, was about to run into huge losses.
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Business
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Economy
11/4/2024 3:59:09 PM
Th Egyptian cabinet stated on Monday that most recent rises in retail natural gas prices were applied in September, and there were no new hikes in November, according to a statement by the Cabinet on Monday.
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Business
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Economy
10/24/2024 5:55:16 PM
Egypt inked four memorandums of understanding (MoUs) on Wednesday to increase oil and natural gas exploration, production, and development activities in the Eastern Desert, Gulf of Suez, according to the cabinet.
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World
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Africa
10/8/2024 1:01:27 PM
Impoverished Mozambique votes for a president and parliament in a tense mood Wednesday as jihadist violence stalls natural gas projects that could bring a major boost to its morose economy.
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Business
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Economy
8/27/2024 8:58:43 PM
Egyptian Natural Gas Holding company has launched an international tender for exploration of Natural gas and crude oil in 12 concessions in the Mediterranean and Nile Delta - including 10 offshore and two onshore, Minister of Petroleum and Mineral Resources Karim Badawi announced on Tuesday.
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Business
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Energy
8/26/2024 4:55:44 PM
Kuwait's state oil giant on Monday announced a 15-year deal for the supply of natural gas from Qatar, without disclosing the cost of the agreement.
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Business
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Markets & Companies
8/7/2024 9:11:18 AM
Benchmark US crude oil for September delivery rose 26 cents to $73.20 per barrel Tuesday. Brent crude for October delivery rose 18 cents to $76.48 per barrel.
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Business
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Economy
8/1/2024 3:59:01 PM
Egyptian Petrochemicals Holding Company (ECHEM), Sidi Kerir Petrochemicals Co. (SIDPEC), Egyptian Natural Gas Company (GASCO), and Gama Construction signed on Thursday a shareholders’ agreement to establish the Alexandria Supply Chain Company.
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Business
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Energy
7/28/2024 7:36:07 PM
Egypt’s Ministry of Petroleum and Mineral Resources signed two agreements with Shell and Cheiron Energy worth $340 million to increase oil and natural gas production.
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Business
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Energy
7/22/2024 8:53:13 PM
The Ministry of Petroleum and Mineral Resources stated Monday that power plants' consumption of natural gas and fuel in Egypt reached an all-time high on Sunday in electricity consumption, in tandem with the first day of halting the load-shedding plan.
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Business
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Energy
7/21/2024 6:26:04 PM
Egypt's natural gas production fell to its lowest level since February 2018, according to data from the Joint Organizations Data Initiative (JODI).
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Business
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Markets & Companies
7/16/2024 11:01:57 PM
Benchmark US crude oil for August delivery fell $1.15 to $80.76 per barrel Tuesday. Brent crude for September delivery fell $1.12 to $83.73 per barrel.
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Business
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Energy
7/16/2024 3:08:05 PM
State-owned Egyptian Natural Gas Holding Company (EGAS) has announced the arrival of five liquefied natural gas (LNG) shipments at Sumed Port in Ain Sokhna, according to a statement by the Ministry of Petroleum and Mineral Resources.
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Business
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Markets & Companies
7/10/2024 10:48:34 PM
Benchmark US crude oil for August delivery rose 69 cents to $82.10 per barrel Wednesday. Brent crude for September delivery rose 42 cents to $85.08 per barrel.
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