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Business
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Energy
10/25/2023 10:05:30 PM
Natural gas prices experienced a significant surge to an eight-month high due to geopolitical tensions and uncertainty stemming from the Israeli war on Gaza, which started on 7 October, according to a report by Kuwait’s KAMCO Investment Company.
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Business
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Energy
10/23/2023 8:25:16 PM
Qatar has agreed to supply Italian firm Eni with natural gas for 27 years, the Gulf emirate's state-owned energy company announced Monday, the latest in a series of major deals.
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Business
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Energy
10/9/2023 10:29:29 PM
American oil giant Chevron Corp. said Monday that at Israel’s instruction, it had stopped production at its offshore Tamar natural gas rig in the Mediterranean Sea off Israel.
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Business
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Markets & Companies
10/4/2023 10:49:42 PM
Benchmark US crude oil for November delivery fell $5.01 to $84.22 a barrel Wednesday. Brent crude for December delivery fell $5.11 to $85.81 a barrel.
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Business
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Markets & Companies
10/2/2023 11:11:27 PM
Benchmark US crude oil for November delivery fell $1.97 to $88.82 a barrel Monday. Brent crude for December delivery fell $1.49 to $90.71 a barrel.
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Business
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Economy
10/1/2023 5:38:14 PM
Egypt could save EGP 108 billion ($3.49 billion) annually through the daily power-cut plan that commenced in July, President Abdel-Fattah El-Sisi said during the Hikayat Watan conference on Saturday.
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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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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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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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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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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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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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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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Business
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Markets & Companies
9/12/2023 11:04:08 PM
Benchmark US crude oil for October delivery rose $1.55 to $88.84 a barrel Tuesday. Brent crude for November delivery rose $1.42 cent to $92.06 a barrel.
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