oil sector
Petroleum Ministry to put up first international bid for exploration in Red Sea within days
Business
December 10, 2018
Petroleum Ministry to put up first international bid for exploration in Red Sea within days
Minister of Petroleum and Mineral Resources Tarek al-Mulla said that the first international bid for exploration in the Red…
Gas Market Regulatory Authority backs plan to transform Egypt into regional center for gas trading
Business
July 5, 2018
Gas Market Regulatory Authority backs plan to transform Egypt into regional center for gas trading
Petroleum Minister and Chairman of the Gas Market Regulatory Authority Tareq al-Mulla, said that the gas market regulation law backs…
Oil pushes higher on worries over new US sanctions on Iran
Business
February 3, 2017
Oil pushes higher on worries over new US sanctions on Iran
Oil prices edged higher on Friday in response to the possibility of new sanctions on Iran after US President Donald…
‘Historic’ deal with non-OPEC Saturday – OPEC SecGen
World
December 10, 2016
‘Historic’ deal with non-OPEC Saturday – OPEC SecGen
The Organization of Petroleum Exporting Countries (OPEC) Secretary-General Mohammed Barkindo said he saw a total of 12 non-OPEC countries signing…
Oil slip sends dollar, bond yields skidding
Business
November 28, 2016
Oil slip sends dollar, bond yields skidding
The dollar saw its biggest drop in almost a month on Monday, as a bashing for oil prices on doubts…
Egypt seeks Libyan investment in oil sector
Business
February 17, 2010
Egypt seeks Libyan investment in oil sector
The state-run Egyptian General Petroleum Authority (EGPA) is currently in talks with Libyan businessmen in hopes of securing investment for…