World Asian shares hit seven-week high as oil jump eases supply worries Noha Gad Oct 7, 2015 0 Asian stocks hit a seven-week high on Wednesday as a pick up in oil prices boosted resource shares and emerging…
Industry & Trade Egypt awards 4 oil and gas exploration licences – EGAS Yomna Yasser Oct 6, 2015 0 Egypt has awarded Tuesday four new licences to explore for oil and gas off its Mediterranean coast, weeks after…
forex news Shell CEO sees first signs of oil price recovery Noha Gad Oct 6, 2015 0 Oil markets are beginning to recover but the scale of global oversupply means prices may rise only slowly, the…
forex news Oil up as Russia ready to talk with producers, U.S. rig count drops Noha Gad Oct 5, 2015 0 Crude oil futures rose on Monday after Russia said it was ready to meet other producers to discuss the situation in…
Industry & Trade Ganope to sign $100 million oil agreements soon in Egypt Yomna Yasser Oct 4, 2015 0 Egypt’s state-run oil holding company, Ganoub El-Wadi (Ganope) is to sign five agreements for oil explorations and…
USA U.S. stocks open higher after jump in oil, China data Yomna Yasser Oct 1, 2015 0 U.S. stocks opened slightly higher Thursday as better-than-expected data from China and rising commodity prices…
Industry & Trade Egypt seeks oil outside its borders for first time Yomna Yasser Oct 1, 2015 0 Egypt bought a stake in a block in Iraq from Kuwait Energy making it the first time in Egypt's history to explore…
forex news Oil Prices Remain Low on Equity Market Rout, Commodity Slump Noha Gad Sep 29, 2015 0 Oil prices struggled to recover in Asian trade Tuesday, after falling sharply overnight due to bearish sentiment…
Industry & Trade Shell to cease further exploration in Alaska Noha Gad Sep 28, 2015 0 Royal Dutch Shell Plc (RDSa.L) said it would cease exploration activity in offshore Alaska for the "foreseeable…
forex news Oil prices rise as U.S. drilling declines Noha Gad Sep 21, 2015 0 Oil rose by more than 1 percent on Monday after data showed U.S. drilling slowed and a report said $1.5 trillion…