Asia Shares Take Heart from Oil Bounce, Dollar Capped
Asian equities rose on Tuesday, with a rebound in crude oil and other commodity prices favoring the stock markets…
Browsing Tag
crude oil
Egypt’s Khalda Eyes Gas Production Rates of 940m SCF by Year-end
Khalda Petroleum Company (KPC) is planning to boost its production rates to 940 million cubic feet of natural gas…
Ganope Plans to Produce 35.000 Crude Oil Barrels Per Day
Egypt’s state-owned Ganoub El-Wadi Petroleum Holding Co. (Ganope) is planning to reach daily production rates of…
Suez Project Has the Potential to Transform Egypt
“It is the Egyptian people’s gift to the world.” This is how Egyptian president Abdel Fattah al-Sisi referred to…
Crude Stays Heavy As Ukraine-Russia Diplomacy Plows Ahead
Brent crude steadied around $108 a barrel on Thursday as the West and Russia engaged in high-stakes diplomacy to…
IPR Unveils New Oil Discovery in Egypt’s Suez Gulf
Texas independent oil & gas explorer the Improved Petroleum Recovery (IPR) Group of Companies announced on…
Egypt Inks USD265mn Exploration Deals with Dana Gas, Petroceltic, and Edison
Egypt has signed on Thursday 3 oil and gas exploration agreements with UAE Dana Gas PJSC, Dublin-based Petroceltic…
Suez Canal to Hike Transit Dues as of May 1st
Egypt's Suez Canal Authority (SCA) on Saturday announced it would raise toll fees for all vessels passing through…
Shell Pumps $555 mln for Oil Explorations in Egypt
Royal Dutch Shell Plc allocates total investments worth US$ 555 million for oil discoveries and explorations in…
Ahli United Bank Approves New Letter of Credit worth $115 mln
Ahli United Bank (AUB) has agreed to open new letter of Credit worth $115million for one of the most companies…
