oil

Egypt’s revenues from foreign partner’s oil companies $1 billion monthly
Business

Egypt’s revenues from foreign partner’s oil companies $1 billion monthly

Egypt's state-run Egyptian General Petroleum Corporation (EGPC) announced that Egypt received a share of the foreign partner’s oil and gas…
Egypt sets conditions for gas imports from Israel
Business

Egypt sets conditions for gas imports from Israel

Egypt has said it conditionally agrees to import natural gas from Israel as the country is struggling with an energy…
Report: China oil giants prepare Iraq evacuation plans
World

Report: China oil giants prepare Iraq evacuation plans

Major Chinese oil firms have prepared evacuation plans in case spreading violence in Iraq -- a key energy provider to…
Egypt’s debts to foreign oil companies up by US$800 ml in three months
Business

Egypt’s debts to foreign oil companies up by US$800 ml in three months

The government's debt to foreign oil companies increased by US$800 million in the first quarter of 2014 to reach $5.7…
South Sudan army battles rebels in key oil-state
World

South Sudan army battles rebels in key oil-state

Rebels in South Sudan battled government forces Thursday in a renewed offensive targeting the young nation's key oil fields, the…
South Sudan rebel chief vows to take key oil fields, capital
World

South Sudan rebel chief vows to take key oil fields, capital

The leader of South Sudan's rebels has vowed to attack the capital Juba and target crucial oil fields, warning in…
Petroleum Minister: Fuel, electricity prices hampering investments
Business

Petroleum Minister: Fuel, electricity prices hampering investments

  Petroleum Minister Sherif Ismail said the prices of petroleum products and electricity are hampering investments in the field of petrol,…
UAE, Oman and Iraq lead Middle East oil and gas transactions in 2013
Business

UAE, Oman and Iraq lead Middle East oil and gas transactions in 2013

According to EY’s Global Oil & Gas Transactions report, the combined number of oil and gas transactions in the UAE,…
Libya port rebels say started exporting oil
World

Libya port rebels say started exporting oil

 Armed protesters controlling ports in eastern Libya said on Saturday they had started exporting oil, bypassing the Tripoli government in…
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