petroleum
Petroleum Ministry continues to secure oil products despite Ukrainian crisis
Egypt
September 5, 2022
Petroleum Ministry continues to secure oil products despite Ukrainian crisis
The Petroleum Ministry said Sunday that it is working to secure all oil products on the local market despite repercussions…
Petroleum min. reviews “EGYPS 2023” preparations
Egypt
August 3, 2022
Petroleum min. reviews “EGYPS 2023” preparations
The Supreme Executive Committee of the Egypt Petroleum Show and Exhibition “EGYPS 2023” held its first meeting under the chairmanship…
Saudi Aramco Q2 profit soars on higher prices, demand recovery
Middle East
August 9, 2021
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
December 25, 2019
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
December 8, 2019
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
November 5, 2019
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
July 29, 2019
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
July 22, 2019
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
July 2, 2019
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
June 15, 2019
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,…