Oman Oil Co plans 20%-25% share sale in 2020: oil minister
State-owned Oman Oil Co expects to list 20% to 25% of the company in an initial public offering (IPO) by the end of…
Browsing Tag
Oil minister
Egypt not cutting fuel subsidies before next July
Egypt is not considering an increase in fuel prices before 30 June 2018, at the end of the current fiscal year,…
Minister: Egypt’s gasoline consumption falls 4.2% in Q1 of FY2018
Egypt's gasoline consumption dropped by 4.2 percent and diesel consumption by 7.1 percent in the first quarter of…
Oil rises after Iraq signals possible OPEC cut extension
Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering…
Oil minister says Egypt to start exploration in Red Sea after islands deal
Egypt's Oil Minister Tarek El-Molla said Thursday that the recently implemented Egyptian-Saudi maritime border…
German investors planning new petrochemical investments in Egypt: minister
A number of German investors will pump new investments into some Egyptian petrochemical and phosphate fertiliser…
Iraq to make suggestions to accelerate OPEC supply cut agreement
Iraq's oil minister Jabar Ali al-Luaibi will make suggestions at a meeting of OPEC oil ministers at the end of…
Egyptian cabinet approves raising natural gas installation fees for households
Egypt's cabinet approved on Saturday the increasing of installation fees for household natural gas connections,…
Egypt to connect 1.2mn households to gas this year: new oil minister
The oil sector is to adopt a new strategy to increase natural gas delivery rates to 1.2 million homes across Egypt…
OPEC unlikely to change Output Ceiling- Iran’s Oil Minister
OPEC is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister, Bijan…
Egypt Pays $1.5 bln to Foreign Energy Firms – Oil Ministry
Egypt has paid $1.5 billion of its debt to foreign energy companies, the oil ministry said in a statement on…
Egypt Seeking A $1.5 Bln Loan To Repay Oil Debts -Oil Minister
Egypt is looking to borrow at least $1.5 billion from local and international banks in order to repay debt owed to…
Egypt’s Oil Minister Says $10 Bln Gas Project With BP Restarted
Egypt's oil minister said on Thursday that BP'S $10 billion natural gas project in the North Alexandria concession,…
Iran’s Rouhani To Nominate Zanganeh As Oil Minister: ISNA
Iranian President-elect Hassan Rouhani is to nominate Bijan Zanganeh to return to the post of oil minister which he…
Egypt Has ‘No Objection’ To Importing Iranian Oil, Ahram Says
Egypt has “no objection” to importing and refining Iranian oil, the state-run Al-Ahram reported, citing Oil…
Syrian Oil Minister declares his defection
Syrian Deputy Oil Minister Abdo Hussameldin has announced his defection on YouTube, becoming the first high ranking…