U.S. oil prices eased in Asian trade on Tuesday after the International Energy Agency (IEA) forecast U.S. …
Tag:
petroleum
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Industry & Trade
Egypt to set schedule for repaying oil firms soon: minister
by Yomna Yasserby Yomna YasserEgyptian Petroleum Minister Tarek el-Molla expects to put in place a schedule to repay arrears to international …
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Egypt’s Petroleum Minister Tarek al-Molla signed two agreements for oil and gas exploration in the Western Desert …
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Industry & Trade
Oil Ministry implements 11 development projects with $17bn-investments
by Noha Gadby Noha GadThe Ministry of Petroleum plans to implement 11 projects to develop gas fields in cooperation with foreign …
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Industry & Trade
Monthly consumption of oil, gas rises to 6.7m T/mon: Egypt’s El-Molla
by Noha Gadby Noha GadEgypt’s monthly consumption of petroleum products and natural gas increased to 6.7 million tonnes, 30 percent of …
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Egyptian Petroleum Ministry signed three new agreements for exploring gas and oil in the Mediterranean Sea on …
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Egypt’s petroleum ministry said it signed in 2015/16 eight agreements with six international and local companies to …
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Banks
Afreximbank studies $1 billion finances for Egypt oil, SME sectors
by Yomna Yasserby Yomna YasserThe African Export-Import Bank (Afreximbank) is studying a new financing programme worth $1 billion with Egypt before …
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Industry & Trade
Petroleum product subsidies to hit $5bn in Egypt’s FY2016-17 budget
by Noha Gadby Noha GadThe total volume of Egyptian subsidy on petroleum products is set to be raised to around 64 …
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Egypt’s Petroleum Minister Tarek El Molla was reportedly on his way to Iran on Sunday to meet …