Tag: Oil

US sanctions businessman buying oil from ‘Islamic State’, Al-Assad supporters

The US has slapped sanctions on a number of individuals accused of…

Deutsche Welle

62 production sharing contracts signed by Egypt: EGPC Chairman 

12 contracts signed in pipeline sector

Menna Samir

Rockefeller Fund: ‘The oil age is coming to an end’

Stephen Heintz, president of the Rockefeller Brothers Fund, explains to DW how…

Deutsche Welle

Al-Sisi, Eni CEO discuss possibility of establishing gas hub

Both parties discussed forming a gas hub in eastern Mediterranean Sea to…

Menna Samir

Egyptian petroleum exports decline as imports increase

The Egyptian petroleum exports decreased by 40.7% last June

Daily News Egypt

Lifting sanctions on Iran puts pressure on Arab oil producing states

2m barrels of crude oil daily surplus between world production and consumption

Rana Yehia

$650m value of partner’s share of gas, oil monthly with Brent decline: Petroleum Minister

Value of crude obtained daily from foreign companies declines to $380m

Mohamed Adel

Oil supply forecast to shrink next year

Cheap oil prices have been massively affecting global markets, from countries' budgets…

Deutsche Welle

Cheap oil threatens North Sea fields

Low oil prices have strained the budgets of countries, which depend mainly…

Deutsche Welle

Eni’s share value inches up after announcement of Egypt’s natural gas discovery

The value per share reached €15.2 after company's CEO announced that he…

Menna Samir