S. Africa’s Sasol’s revenues drop 34% in half-year
South African Sasol reported a 34 per cent decline in half-year profit on Monday, mainly attributed to weaker oil…
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gas
Euro gas traders upbeat about resumed Russian gas supply
Traders are offering European gas for the upcoming winter on optimism that they will continue to receive Russian…
Russian gas transit via Ukraine no longer required – EU
The European Union (EU) thinks no need for the extension of the agreement to transport Russian gas to Europe via…
Climate complacency endangers eurozone banks – ECB
The European Central Bank (ECB) stated on Tuesday that most large European banks are not adapting their operations…
Egypt’s Abu Qir Fertilisers signs green hydrogen MoU
Egypt's Abu Qir Agricultural Nutrients Company signed on Tuesday a green hydrogen MoU with ABB International Group,…
Egypt to boost cooperation with U.S. on green hydrogen
Tarek El Molla, the Egyptian Minister of Petroleum and Mineral Resources, met with Hero Mostafa Garg, the newly…
Russia’s oil exports to China hit 50% in 2023
Russian Deputy Prime Minister Alexander Novak stated on Wednesday that China received half of Russia’s oil and…
France plans to sell fuel below cost to combat inflation
The French government intends to temporarily waive a ban on merchants selling fuel below cost, in an effort to…
Shell to drill oil exploration wells in Egypt by September
Shell is set to start drilling new oil exploration wells in its new concession areas in Egypt’s Mediterranean sea…
Egypt’s fuel subsidies drop 2% YoY in FY2022/23
Egypt's Petroleum subsidies fell by two percent year on year (YoY) to reach 58 billion Egyptian pounds during the…