The Gulf of Suez Petroleum Company (GUPCO) has started oil production from the first well at Safa …
Tag:
oil sector
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Industry & TradeMENA NewsNewsTech/AI
Iraq, UAE’s Crescent launch 3 deals to develop oil and gas fields
by Sama Mousaby Sama MousaIraq launched three energy contracts with UAE’s Crescent Petroleum to develop three oil and gas fields in …
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Industry & TradeInternational NewsNewsTech/AI
ExxonMobil agrees to buy Pioneer in $59.5bln deal
by Sama Mousaby Sama MousaExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal …
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Industry & TradeInternational NewsNewsTech/AI
OPEC+ panel keeps oil output policy unchanged
by Sama Mousaby Sama MousaThe OPEC+ ministerial panel met on Friday and decided to keep its current oil production policies unchanged.
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Industry & TradeInternational NewsNewsTech/AI
Kerry contests promises of making fossils usage climate friendly
by Norhan Adelby Norhan AdelU.S. climate envoy John Kerry challenged oil producers to prove their technological capacities a sufficient alternative for …
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Egyptian Ministry of Petroleum is targeting investments of $8 billion in oil and gas sector and expecting …
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Egypt’s Minister of Petroleum and Mineral Resources Tarek al-Molla on Saturday met with several officials of US …
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Industry & Trade
Ministry: Egypt’s tax revenues jump by 55% in Q1 of FY2017/18
by Yomna Yasserby Yomna YasserTax revenues in the first quarter of the financial year 2017/2018 increased 55 percent to to 88.6 …
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Industry & Trade
$6.8bn to build petrochemical complex in Egypt’s Suez Canal corridor: minister
by Yomna Yasserby Yomna YasserEgypt’s oil sector will provide numerous job opportunities through building an integrated complex for producing petrochemicals over …
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Financial Institutions
IMF expects ‘breathing space’ in Middle East, Central Asia
by Yomna Yasserby Yomna YasserGrowing growth outside the troubled oil sector is offering some relief to economies in the Middle East …
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