Browsing Category
The Watch
Mubadala to develop Thai Oil Field
Mubadala Petroleum and its co-concessionaires have approved the development of the Manora field in Concession G1/48…
Citadel Capital: Sea Dragon-NPC Egypt Buyout Deal Is Cancelled
Citadel Capital (CCAP.CA) announced that the deal to sell 100 %of stakes in National Petroleum Company Egypt…
Orascom Development Holding Cancels 175.000 Egyptian CDs: EGX
The Egyptian Exchange (EGX) has announced receiving a notice from Misr for Central Clearing, Depositary and…
Spanish Fears Send Euro, Global Shares, Oil Lower
European shares fell and the euro hovered near multi-year lows on Monday after two Spanish regions said they would…
Suez Cement To Move Helwan, Torah Production Lines To Headquarters
Suez Cement (SUCE.CA) is planning to move its Helwan and Torah production lines of wet cement to the company’s…
Mobinil: No Term Sheet Signed With Arrangers of EGP 2.6 Bln Loan
Egyptian Company for Mobile Services Mobinil - (EMOB.CA) denied signing the finance term sheet regarding a loan…
Citadel Capital’s Wafra Operation Loss Hits EGP 3.6 Mln; Q1/2012
Ahmed Heikal, Citadel Capital Chairman and Founder, said the company has increased its stakes in Wafra, the firm’s…
Citadel Capital Investments Under Control 8% Up in Q1/2012
Citadel Capital (CCAP.CA), the leading private equity firm in the Middle East and Africa, announced Sunday its…
Warning Over Oil Production Drop
An expert in the economics of Britain's oil and gas industry has warned of sharp falls in production over the next…
Private Firms Tout Iran Oil Cheap To Beat Sanctions
Obscure private firms are offering Iranian crude oil at steep discounts to European oil traders as Tehran seeks…