Tag: Oil

Egypt attracts new exploration interest from oil, gas giants: IHS Markit

Eastern Mediterranean has proven remarkably resilient to broader upstream industry pressures of…

Daily News Egypt Daily News Egypt

Egypt’s oil, gas sector investments reach $27bn over 4 years

The minister’s remarks came during a lunch meeting organised by the American…

Daily News Egypt Daily News Egypt

Egypt’s Petroleum Minister, BP discuss joint business, international oil prices

BP’s Dev Sanyal affirmed company’s confidence in Egypt's investment-attracting climate

Shaimaa Al-Aees Shaimaa Al-Aees

Oil prices fall amid OPEC+ deadlock over output cuts

The COVID-19 pandemic took its toll on oil prices in 2020. For…

Xinhua Xinhua

Crude oil prices drop as demand fears persist

The West Texas Intermediate for February delivery lost 61 cents to $47.62…

Xinhua Xinhua

Eni announces new oil discovery in Egypt’s Western Desert

A new exploration well as part of the Meleiha Concession has discovered…

Daily News Egypt Daily News Egypt

Warnings issued of environmental disaster after oil spill off Yemen coast

UN announces that Houthis would allow experts to inspect, repair oil tanker

Mohammed El-Said Mohammed El-Said

Oil prices climb on vaccine optimism, US crude inventories up last week

Many European countries and US states are tightening coronavirus restrictions. Analysts expect…

Xinhua Xinhua

Oil prices slip on the back of COVID-19 worries

Oil prices drop came amid a spike of new coronavirus infections in…

Xinhua Xinhua

Egypt, South Korea discuss boosting bilateral cooperation in oil, gas sector

They also discussed ways to develop cooperation between the two countries in…

Daily News Egypt Daily News Egypt