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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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Business
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Markets & Companies
7/10/2024 6:27:56 PM
Energy majors TotalEnergies, Shell and BP will each take a 10 percent stake in a liquefied natural gas project in the United Arab Emirates, state energy giant ADNOC said Wednesday.
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Business
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Markets & Companies
7/9/2024 11:03:14 PM
Benchmark US crude oil for August delivery fell 92 cents to $81.41 per barrel Tuesday. Brent crude for September delivery fell $1.09 to $84.66 per barrel.
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Business
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Markets & Companies
7/8/2024 11:13:21 PM
Benchmark US crude oil for August delivery fell 83 cents to $82.33 per barrel Monday. Brent crude for September delivery fell 79 cents to $85.75 per barrel.
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Business
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Energy
7/2/2024 7:22:36 PM
Five Egyptian companies announced plans to form a consortium with a capital of $663 million to import liquefied ethane gas (Shale gas), according to a disclosure from Sidi Kerir Petrochemicals Company (SIDPEC) to the Egyptian bourse revealed on Monday.
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Business
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Energy
7/2/2024 11:04:44 AM
Egypt has received two international shipments of natural gas out of 21 contracted cargoes as part of the country's urgent plan to end power outages exacerbated recently by consecutive heatwaves, Ministry of Petroleum and Mineral Resources Spokesman Hamdy Abdel-Aziz told “It's My Responsibility” TV show on Sada El-Balad TV channel on Monday.
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Business
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Economy
7/1/2024 4:18:10 PM
The Alexandria Fertilizers Company (AlexFert) has halted operations at its three factories due to the interruption of the natural gas supply needed for electricity generation.
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Al-Ahram Weekly
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Egypt
6/26/2024 9:30:00 AM
The government mobilised this week to find a solution to Egypt’s recurring power outages.
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Egypt
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Society
6/25/2024 10:49:00 PM
Prime Minister Mostafa Madbouly said the state will import mazut and natural gas shipments valued at around $1.18 billion to stop nationwide power cuts from the third week of July till end-summer.
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Business
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Economy
6/25/2024 3:47:59 PM
The state-owned Abu Qir Fertilizers Company has suspended for the second time in June the operations of its three plants due to natural gas supplies suspension, the company said in a disclosure sent to the Egyptian Stock Exchange on Tuesday.
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World
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War in Ukraine
6/24/2024 2:52:05 PM
The European Union on Monday slapped new sanctions on Russia over the war in Ukraine, targeting Moscow’s shadow fleet of tankers moving liquefied natural gas through Europe as well as several companies.
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Business
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Markets & Companies
6/11/2024 10:41:23 PM
Benchmark US crude oil for July delivery rose 16 cents to $77.90 per barrel Tuesday. Brent crude for August delivery rose 29 cents to $81.92 per barrel.
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Business
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Markets & Companies
6/10/2024 11:06:52 PM
Benchmark US crude oil for July delivery rose $2.21 to $77.74 per barrel Monday. Brent crude for August delivery rose $2.01 to $81.63 per barrel.
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Business
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Energy
6/5/2024 3:16:36 PM
Qatar has agreed to supply the Taiwan-headquartered Chinese Petroleum Corp (CPC) with natural gas for 27 years, the emirate's state energy company announced on Wednesday.
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Business
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Markets & Companies
6/4/2024 10:34:57 PM
Benchmark US crude oil for July delivery fell 97 cents to $73.25 per barrel Tuesday. Brent crude for August delivery fell 84 cents to $77.52 per barrel.
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Business
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Markets & Companies
6/3/2024 11:11:55 PM
Benchmark US crude oil for July delivery fell $2.77 to $74.22 per barrel Monday. Brent crude for August delivery fell $2.75 to $78.36 per barrel.
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Business
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Markets & Companies
5/22/2024 10:49:57 PM
Benchmark US crude oil for July delivery fell $1.09 to $77.57 per barrel Wednesday. Brent crude for July delivery fell 98 cents to $81.90 per barrel.
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Business
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Markets & Companies
5/21/2024 10:43:20 PM
Benchmark US crude oil for June delivery fell 54 cents to $79.26 per barrel Tuesday. Brent crude for July delivery fell 83 cents to $82.88 per barrel.
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Business
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Markets & Companies
5/13/2024 10:44:57 PM
Benchmark US crude oil for June delivery rose 86 cents to $79.12 per barrel Monday. Brent crude for July delivery rose 57 cents to $83.36 per barrel.
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