India’s currency tumbles amid rising oil prices
The Indian rupee has turned out to be Asia's worst-performing currency this…
Oil traders expect return of $100 crude for first time since 2014 amid Iran sanctions
Problem not only concerning Egypt, but also concerning all petroleum market globally,…
BP, EGPC sign $46m agreement for oil, gas exploration in Gulf of Suez
The Egyptian General Petroleum Corporation (EGPC) signed an agreement with the energy…
Monthly oil and gas import bill falls to $550m: Petroleum minister
Egypt achieves self-sufficiency of gas by end of 2018, says El-Mulla
Trump, Rouhani exchange hostilities, threats over oil exports
US is planning to shut Iran out of global oil market, urging…
Further increase in global oil prices would put pressure on Egyptian budget: IMF
Global risks highlight the need to broaden and accelerate structural reforms, mentions staff…
EGPC to pay between $200-500m of foreign partners’ entitlements within two months
Receipt of fourth shipment of 2mn barrels of Iraqi oil in two…
SMEDA signs contracts to convert 1,000 cars to operate using natural gas, funding 10 car oil retail outlets
Agency has already converted 27,500 cars, opened 41 outlets to sell oil…
ThyssenKrupp offers to partner with Egyptian oil companies on 5 new projects
The German conglomerate ThyssenKrupp offered to participate with Egyptian oil companies in…
President’s second mandate: Challenges and opportunities
Economic reform policies top issues, political reform hoped for