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Business
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Energy
7/27/2023 9:59:51 PM
Egypt has signed three new agreements worth $319.5 million with the Egyptian Natural Gas Holding Company(EGAS), the Egyptian General Petroleum Corporation (EGPC), and a group of international companies to dig 13 wells.
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Business
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Energy
7/25/2023 11:38:42 AM
Egypt denied recent rumours that the largest gas field in the Mediterranean, Zohr, is experiencing a decline in production due to technical issues that could jeopardize its operation.
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Business
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Markets & Companies
7/24/2023 11:05:15 PM
Benchmark US crude oil for September delivery rose $1.67 to $78.74 a barrel Monday. Brent crude for September delivery rose $1.67 to $82.74 a barrel.
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Business
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Energy
7/24/2023 10:46:30 AM
The Egyptian government has introduced a new load-shedding program this week, which involves power cuts at specific times throughout the day.
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World
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International
7/20/2023 11:08:52 PM
Russian President Vladimir Putin on Thursday launched the first part of Arctic LNG 2, a massive liquified natural gas (LNG) project at Murmansk, in the Arctic.
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Business
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Markets & Companies
7/12/2023 10:49:53 PM
Benchmark US crude oil for August delivery rose 92 cents to $75.75 a barrel Wednesday. Brent crude for September delivery rose 71 cents to $80.11 a barrel.
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Business
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Markets & Companies
7/11/2023 10:54:58 PM
Benchmark US crude oil for August delivery rose $1.84 to $74.83 a barrel Tuesday. Brent crude for September delivery rose $1.71 to $79.40 a barrel.
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Business
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Energy
7/11/2023 9:45:57 PM
A multi-billion dollar agreement signed with France's TotalEnergies could help resolve Iraq's longstanding electricity crisis, attract international investors and reduce its reliance on gas imports from neighboring Iran, a point of tension with Washington.
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Business
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Markets & Companies
7/10/2023 11:29:05 PM
Benchmark US crude oil for August delivery fell 87 cents to $72.99 a barrel Monday. Brent crude for September delivery fell 78 cents to $77.69 a barrel.
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Business
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Markets & Companies
7/5/2023 10:55:24 PM
Benchmark US crude oil for August delivery rose $2 to $71.79 a barrel Wednesday. Brent crude for September delivery rose 40 cents to $76.65 a barrel.
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Business
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Energy
7/4/2023 8:07:47 PM
Egypt plans to dig 35 new exploratory natural gas wells in the Mediterranean and the Nile Delta by 2025 with $1.8 billion in investments, said Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla.
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Business
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Economy
7/4/2023 5:03:38 PM
Egypt's trade deficit surged 23.8 percent in April over the same month in 2022, driven by a drop of more than 75 percent in gas exports, according to the monthly external trade bulletin released by the Central Agency for Public Mobilisation and Statistics (CAPMAS).
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Business
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Markets & Companies
7/3/2023 10:40:59 PM
Benchmark US crude oil for August delivery fell 85 cents to $69.79 a barrel Monday. Brent crude for September delivery fell 76 cents to $74.65 a barrel.
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Business
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Energy
7/2/2023 8:58:59 PM
Energy giants TotalEnergies and Shell on Sunday defended activities linked to Russia after a critical report into their trading in natural gas despite the war in Ukraine.
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Business
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Markets & Companies
6/28/2023 5:15:34 PM
Benchmark US crude oil for August delivery fell $1.67 to $67.70 a barrel Tuesday. Brent crude for August delivery fell $1.92 to $72.26 a barrel.
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Business
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Markets & Companies
6/24/2023 10:24:09 AM
Benchmark US crude oil for August delivery fell 35 cents to $69.16 a barrel Friday. Brent crude for August delivery fell 29 cents to $73.85 a barrel.
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Business
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Markets & Companies
6/20/2023 11:11:59 PM
Benchmark US crude oil for July delivery fell $1.28 to $70.50 a barrel Tuesday. Brent crude for August delivery fell 19 cents to $75.90 a barrel.
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Business
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Energy
6/20/2023 1:59:09 PM
Qatar has agreed to supply the China National Petroleum Corporation with natural gas for 27 years, the Gulf country's energy minister said on Tuesday.
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Business
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Energy
6/19/2023 7:38:52 PM
Uzbekistan said on Monday it has signed a two-year contract with Russian energy giant Gazprom for deliveries of natural gas, as Russia seeks new markets for its sanctions-hit energy exports.
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Business
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Energy
6/19/2023 6:30:21 PM
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed two contracts at EGP 200 million with two companies to convert thousands of vehicles from gasoline to natural gas, according to a cabinet statement on Monday.
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