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Business - Energy
1/4/2022 1:35:08 PM
Major oil-producing countries are expected to maintain on Tuesday their course of modestly boosting output as the rapidly spreading Omicron variant has so far not heavily hit demand.

World - Region
1/3/2022 10:40:53 PM
The leader of Lebanon's militant Hezbollah group verbally attacked the king of Saudi Arabia on Monday, saying Riyadh helped spread "extremist Islamic ideology" worldwide and is taking the thousands of Lebanese who work in the oil-rich Persian Gulf region "hostage.''

World - Region
1/3/2022 6:40:59 PM
Top oil producing countries on Monday picked Kuwaiti oil executive Haitham al-Ghais as the next secretary general of the Organization of the Petroleum Exporting Countries (OPEC).

Business - Energy
1/3/2022 1:01:42 PM
Egypt awarded eight oil exploration blocks to oil giants Eni, British Petroleum, Apex International, Energy Egypt, United Energy, Enap Sipetrol, and Ina, the Ministry of Petroleum and Mineral Resources announced on Monday.

World - Region
1/3/2022 12:15:21 PM
Jihadist fighters killed nine Syrian soldiers and allied militiamen in an ambush near oil installations in eastern Syria, a war monitor reported Monday.

Business - Energy
12/28/2021 6:05:59 PM
Lebanon's energy minister launched two projects in the country's north on Tuesday to facilitate the flow of natural gas from Egypt. The move aims to improve electricity production and expand the country's tanks to increase oil reserves.

World - Region
12/28/2021 1:39:26 PM
A rocket and gunfire targeted the premises of a Chinese oil services company in southern Iraq at dawn on Tuesday, without causing any casualties or damage, officials said.

Business - Energy
12/27/2021 5:18:43 PM
Petroleum Minister Tarek El Molla and Chief Executive Officer (CEO) of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz El Regal and Vice President of US Apache Corporation David Chi signed an agreement whereby the US company will invest dlrs 3.5 billion on exploration, development and production of gas and oil from concession areas in Egypt's Western Desert.

Business - Markets & Companies
12/26/2021 3:26:39 PM
Trade exchange between Egypt and South Korea increased by 46.9 percent in the first ten months of 2021 to record $1.8 billion, up from $1.2 billion in the corresponding period of 2020, which mainly included oil products, cement, granite, aluminum, ready-made garments, machines and equipment, in addition to autos and medical devices, Egypt's Minister of Trade and Industry Niven Gamea stated on Sunday.

Business - Energy
12/26/2021 1:44:03 PM

Business - Energy
12/24/2021 6:38:02 PM
The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with the Italian giant energy group Eni for oil exploration and exploitation in the Gulf of Suez and Nile Delta regions worth $1 billion, Egypt's Ministry of Petroleum and Mineral Resources announced on Friday.

World - Region
12/24/2021 5:38:33 PM
Several Libyan parliamentary candidates called for nationwide protests over the cancellation of a long-awaited presidential election, a blow to hopes to end a decade of chaos in the oil-rich North African country.

Business - Energy
12/20/2021 12:12:01 PM
World oil prices fell by more than five percent on Monday, as energy demand fears grew over the fast-spreading Omicron coronavirus variant. In morning deals, Brent North Sea crude tumbled 5.1 percent to $69.79 per barrel and New York's West Texas Intermediate oil lost 5.7 percent to $66.84.

World - Region
12/13/2021 10:10:52 AM
Saudi Arabia approved its 2022 budget on Sunday, projecting a surplus for the first time since oil prices collapsed in 2014.

World - Region
12/12/2021 6:14:44 PM
Iran plans to cut oil output and prioritise defence spending in its 2022-2023 draft budget because of sanctions and US-Israeli threats linked to its nuclear programme.

Business - Energy
12/11/2021 10:55:29 AM
US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided island of Cyprus despite Turkey's opposition to the deal. Cypriot Energy Minister Natasa Pilides, Varnavas Theodosiou, CEO of ExxonMobil Cyprus, and Ali al-Mana, director of Qatar Energy's International Upstream and Exploration, signed the contract in Nicosia.

Al-Ahram Weekly -
12/7/2021 11:02:18 PM
Dehydration, smoking, pregnancy, weight loss, prolonged exposure to sunlight, and an unhealthy lifestyle can all lead to skin sagging

World - Region
12/7/2021 7:55:49 PM
UN Secretary-General Antonio Guterres announced the appointment Monday of American diplomat Stephanie Williams, who led talks that resulted in the October 2020 cease-fire deal in Libya, to support the holding of presidential elections in the oil-rich north African country scheduled later this month which face many challenges.

World - Africa
12/5/2021 4:18:18 PM
Hundreds of environmentalist demonstrators gathered on South African beaches Sunday to protest against oil and gas exploration by energy giant Shell.

Business - Markets & Companies
12/5/2021 11:58:11 AM
Egypt’s purchasing managers’ index (PMI) for the non-oil private sector maintained at 48.7 in November, indicating a moderate deterioration as it is still below the 50 neutral mark for 12 successive months, IHS Markit announced on Sunday.

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