petroleum

Saudi Aramco Q2 profit soars on higher prices, demand recovery
Middle East

Saudi Aramco Q2 profit soars on higher prices, demand recovery

DUBAI, Aug 8 (Reuters) – Saudi Arabian state oil producer Aramco (2222.SE) reported a near four-fold rise in second-quarter net…
Egypt signs agreements worth US$155 million for oil and natural gas exploration
Business

Egypt signs agreements worth US$155 million for oil and natural gas exploration

Egyptian Minister of Petroleum and Mineral Resources Tarek al-Molla signed on Wednesday four new petroleum agreements for the exploration and…
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph
Business

Egypt’s dues to foreign oil companies lowest level since 2010: Infograph

Dues to foreign oil companies in Egypt have decreased to their lowest level since 2010, thanks to the payment of…
UAE says it has world’s sixth-largest crude oil reserves
Middle East

UAE says it has world’s sixth-largest crude oil reserves

DUBAI, United Arab Emirates (AP) — The United Arab Emirates now says it is home to the world’s sixth-largest crude…
Qatar Petroleum buys stake in Total’s Guyana assets
Middle East

Qatar Petroleum buys stake in Total’s Guyana assets

DUBAI (Reuters) – Qatar Petroleum said on Monday it had agreed a deal with Total (TOTF.PA) to acquire a stake…
International oil companies to increase investments in Egypt: minister
Business

International oil companies to increase investments in Egypt: minister

The keenness of major international oil companies to pump more investments into the Egyptian oil market is strong evidence of…
OPEC extends oil output cuts after Moscow-Riyadh pact
Middle East

OPEC extends oil output cuts after Moscow-Riyadh pact

OPEC agreed Monday to extend by nine months daily oil output cuts aimed at supporting prices and soaking up excess…
Minister: Egypt to achieve petroleum product self-sufficiency by 2022-2023
Egypt

Minister: Egypt to achieve petroleum product self-sufficiency by 2022-2023

Minister of Petroleum and Mineral Resources Tarek al-Mulla announced that Egypt intends to achieve self-sufficiency in fuel and petroleum products,…
Egypt links price of gasoline rated 95 to global price
Egypt

Egypt links price of gasoline rated 95 to global price

  The Egyptian government decided to link the sale price of the gasoline with 95 octane ratings to the world…
Petroleum Ministry to put up first international bid for exploration in Red Sea within days
Business

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…
Back to top button