oil

IRNA: Iran to get second tranche of payment under nuclear deal
World

IRNA: Iran to get second tranche of payment under nuclear deal

Iran will soon receive a second installment of previously frozen assets which are being returned to it under an interim…
Egypt’s energy quagmire could sink Sisi
World

Egypt’s energy quagmire could sink Sisi

Egypt's army chief, Field Marshal Abdel Fattah al-Sisi, won vast popularity by crushing the Muslim Brotherhood, but even a man…
Three agreements signed to excavate oil and natural gas with US$265 million investments
Business

Three agreements signed to excavate oil and natural gas with US$265 million investments

Petroleum Ministry signed on Tuesday three new agreements on excavating petrol and natural gas in maritime areas north and east…
Yemen tribesmen blow up oil pipeline after checkpoint killing
World

Yemen tribesmen blow up oil pipeline after checkpoint killing

Tribesmen in Yemen's restive Hadramawt province blew up a major oil pipeline in retaliation for the killing by the army…
Polish oil company gives up on search for oil in Egypt’s Western Desert
Business

Polish oil company gives up on search for oil in Egypt’s Western Desert

A prominent source at the Egyptian General Petroleum Authority said that Polish Oil and Gas Company will stop its exploration…
Qingdao oil flow halted as explosion toll hits 47
World

Qingdao oil flow halted as explosion toll hits 47

Crude pipelines have been shut-off in the eastern Chinese oil hub of Qingdao pending safety checks a day after a…
Petrojet wins a US$100 million pipeline contract in Iraq
Business

Petrojet wins a US$100 million pipeline contract in Iraq

Egyptian-owned oil company Petrojet won a tender to design, supply and implement the butane pipeline project from Nasiriyah to Khor…
Egypt signs five new oil excavation deals
Business

Egypt signs five new oil excavation deals

Egypt’s Minister of Petroleum Sherif Ismail has signed five new deals for petroleum excavation in West Ghazalat in the Western…
Egypt preparing timetable for energy debts
Business

Egypt preparing timetable for energy debts

Egypt is preparing a timetable for repaying arrears on debts it owes to foreign oil companies operating in the country,…
Sources: curfew delays fuel supply to stations
Business

Sources: curfew delays fuel supply to stations

Despite the availability of oil and diesel surplus, long curfew hours have been delaying the delivery of supplies to oil…
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