Latest Energy News
Oil prices gain amid positive data
West Texas Intermediate for September delivery rose to $41.01 a barrel, while…
UAE announces operation of 1st Arab nuclear power plant
"We proudly witness start of Barakah nuclear power plant operations, in alignment…
Oil prices sink amid demand fears
Oil prices plunged as West Texas Intermediate for September delivery fell $1.35…
Egypt finalises 12 gas exploration agreements: Petroleum Minister
Country’s arrears to foreign oil companies down to $850m in June, despite…
BP Egypt confirms successful well test at Bashrush discovery
The test was the latest activity in the ongoing appraisal programme at…
Oil prices slip amid multiple headwinds
West Texas Intermediate for September delivery settled at $41.07 a barrel, while…
US crude oil production increases last week: EIA
US crude oil imports and exports both increased during the week ending…
Oil prices climb amid demand hopes
Meanwhile, Brent crude oil for September delivery advanced 1.04 dollars to close…
Schneider Electric Inks $290m deal to optimize Egypt’s electricity network
Egyptian Electricity Holding Company signed an agreement with Schneider Electric to build…