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Business
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Markets & Companies
9/11/2023 11:38:10 PM
Benchmark US crude oil for October delivery fell 22 cents to $87.29 a barrel Monday. Brent crude for November delivery fell 1 cent to $90.64 a barrel.
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Business
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Markets & Companies
9/7/2023 8:31:57 PM
The Cairo-listed energy company TAQA Arabia co-established a natural gas distribution company in Saudi Arabia with a Saudi company, according to a bourse filing on Wednesday.
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Business
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Markets & Companies
9/6/2023 9:34:24 AM
Benchmark US crude oil for October delivery rose $1.14 to $86.69 a barrel Tuesday. Brent crude for November delivery rose $1.04 to $90.04 a barrel.
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Business
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Energy
9/4/2023 9:06:17 PM
Cyprus, Greece and Israel agreed at a summit in Nicosia on Monday to deepen their regional energy cooperation to focus on exports to Europe, especially natural gas and renewables.
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Business
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Energy
9/3/2023 8:57:39 PM
Italian energy giant Eni announced intentions to invest $7.7 billion in Egypt over the next four years to develop the company's exploration and production operations in the country, a statement by the Egyptian Presidency cited Eni's CEO Claudio Descalzi as saying on Sunday.
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Business
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Markets & Companies
8/29/2023 10:51:01 PM
Benchmark US crude oil for October delivery rose $1.06 to $81.16 a barrel Tuesday.
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Business
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Energy
8/29/2023 7:05:04 PM
The Egyptian government announced a plan to drill 45 natural exploratory gas wells in the Mediterranean and the Nile Delta with $1.9 billion in investments until mid-2025, according to a Cabinet statement on Tuesday.
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Business
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Energy
8/29/2023 1:45:31 PM
Global energy giant British Petroleum (BP) is planning to invest $3.5 billion in the exploration and development of natural gas resources in Egypt over the next three years, CEO Bernard Looney stated on Monday.
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Business
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Markets & Companies
8/28/2023 10:48:48 PM
Benchmark US crude oil for October delivery rose 27 cents to $80.10 a barrel Monday. Brent crude for October delivery fell 6 cents to $84.42 a barrel.
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Business
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Markets & Companies
8/22/2023 10:45:28 PM
Benchmark US crude oil for September delivery fell 37 cents to $80.35 a barrel Tuesday. Brent crude for October delivery fell 43 cents to $84.03 a barrel.
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Business
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Markets & Companies
8/21/2023 10:44:20 PM
Benchmark US crude oil for September delivery fell 53 cents to $80.72 a barrel Monday.
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Business
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Energy
8/20/2023 9:21:50 PM
Serbia will provide Hungary with increased shipments of Russian natural gas if Ukraine follows through on ending a gas transit agreement with Russia, Hungary's foreign minister said Sunday.
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Business
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Markets & Companies
8/17/2023 11:25:34 PM
Benchmark US crude oil for September delivery rose $1.01 to $80.39 a barrel Thursday. Brent crude for October delivery rose 67 cents to $84.12 a barrel.
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Al-Ahram Weekly
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Egypt
8/8/2023 10:31:00 PM
Last week’s meeting between President Abdel-Fattah Al-Sisi and Greek Prime Minister Kyriakos Mitsotakis will serve to boost Egyptian-Greek relations.
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Business
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Economy
8/8/2023 3:42:11 PM
Egypt's trade deficit grew by 4.3 percent to $3.74 billion in May 2023, compared to $3.57 billion in the same month last year, owing to a plunge in natural gas exports and a surge in wheat imports.
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Al-Ahram Weekly
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Egypt
8/4/2023 2:36:00 PM
Load-reduction measures to counter power cuts may continue until September.
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Business
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Economy
8/2/2023 10:54:40 PM
Seven Egyptian fertilizer manufacturers reported a marginal to moderate impact on operations following the Ministry of Petroleum's decision to reduce natural gas supplies to fertilizer factories by 20 percent, according to filings to the Egyptian Exchange (EGX) on Tuesday and Wednesday.
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Business
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Markets & Companies
8/1/2023 11:24:04 PM
Benchmark US crude oil for September delivery fell 43 cents to $81.37 a barrel Tuesday. Brent crude for October delivery fell 52 cents to $84.91 a barrel.
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Al-Ahram Weekly
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Egypt
8/1/2023 8:18:09 PM
Government plans to reduce natural gas supplies to fertiliser plants will impact the domestic market and exports.
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Business
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Economy
7/31/2023 10:37:16 PM
Benchmark US crude oil for September delivery rose $1.22 to $81.80 a barrel Monday. Brent crude for September delivery rose 57 cents to $85.56 a barrel.
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