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Business
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Energy
7/28/2024 7:36:07 PM
Egypt’s Ministry of Petroleum and Mineral Resources signed two agreements with Shell and Cheiron Energy worth $340 million to increase oil and natural gas production.
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Business
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Economy
7/24/2024 2:31:59 PM
Egypt’s Ministry of Petroleum and Mineral Resources has signed an agreement with Italian company Ente Nazionale Idrocarburi (ENI SpA) to intensify its efforts to increase oil and gas production in the country, according to a statement by Petroleum Minister Karim Badawi on Wednesday.
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Egypt
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Energy
7/23/2024 12:28:00 AM
President Abdel-Fattah El-Sisi discussed on Sunday the expansion of Apache Corporation operations in Egypt in a meeting with the company's CEO John Christmann and Executive Vice President and CFO Stephen J. Riney.
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World
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Region
7/22/2024 5:32:48 PM
Firefighting teams on Monday were struggling to contain a massive blaze at Yemen's Hodeida port, days after a deadly Israeli strike damaged oil storage facilities and endangered aid ships in the harbour.
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World
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Region
7/17/2024 4:46:51 PM
An oil slick stretching nearly the length of Yemen's Red Sea coast was spotted after a Houthi attack damaged a crude tanker, the Conflict and Environment Observatory said Wednesday.
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Business
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Markets & Companies
7/16/2024 11:01:57 PM
Benchmark US crude oil for August delivery fell $1.15 to $80.76 per barrel Tuesday. Brent crude for September delivery fell $1.12 to $83.73 per barrel.
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Al-Ahram Weekly
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Entre nous
7/16/2024 10:32:43 PM
Homemade tanning oils are a natural, affordable, and economical alternative to store-bought products. They can help you customise ingredients to suit your skin type and preferences, ensuring a safe, natural, and effective way to achieve a beautiful tan.
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World
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Region
7/16/2024 2:37:38 PM
A Comorian-flagged oil tanker capsized off Oman on Monday, the sultanate's Maritime Security Centre (MSC) said, adding that a search was under way for its missing crew of 16.
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Business
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Economy
7/14/2024 10:56:00 PM
Egypt plans to invest $1.2 billion to drill 110 exploratory gas and oil wells during the current FY2024/2025, according to Minister of Petroleum and Mineral Resources Karim Badawi's statement before a parliamentary committee on Sunday.
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World
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War in Ukraine
7/13/2024 3:22:47 PM
An oil depot caught fire in Russia’s southwestern Rostov region Saturday following a Ukrainian drone attack in the early hours, local officials said, in the latest long-range strike by Kyiv’s forces on a border region.
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World
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Region
7/11/2024 4:14:47 PM
The International Energy Agency trimmed its forecasts Thursday as it said world oil demand growth continues to slow and consumption in China dipped.
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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
7/9/2024 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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Egypt
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Politics
7/9/2024 8:37:00 PM
Egyptian Prime Minister Mostafa Madbouly said on Tuesday that he has issued instructions to suspend load shedding temporarily to gauge the daily fuel consumption needs in the absence of power cuts.
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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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World
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Africa
6/23/2024 8:52:53 PM
A China-backed pipeline that would make Niger an oil-exporting country is being threatened by an internal security crisis and a diplomatic dispute with neighbouring Benin, both as a result of last year’s coup that toppled the West African nation’s democratic government.
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World
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Africa
6/18/2024 4:59:22 PM
Niger rebels fighting for the release of the country's democratically elected leader say they have disabled part of a crucial pipeline carrying crude oil to Benin.
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Business
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Economy
6/18/2024 3:29:43 PM
Egypt’s non-oil exports from January to May 2024 reached $16.5 billion, up from $15.4 billion in the same period of 2023, marking a 9.8 percent increase, Minister of Trade and Industry Ahmed Samir stated on Tuesday.
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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
6/11/2024 10:12:57 PM
Oil giant Saudi Aramco on Tuesday announced the close of its secondary share sale that fetched $11.2 billion and attracted new foreign investors.
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