Saudi Aramco acquires Valvoline in $2.65 billion deal
Saudi Arabian oil company Aramco has announced on Thursday its acquisition of Valvoline Inc. global products…
Browsing Tag
Oil
Oil rises as Chinese demand increases
Oil extended gains for a second session on Wednesday as a result of a strong leap in manufacturing in China, which…
India’s Russian oil imports at record high in January
India's Russian oil imports jumped to record 1.4 million barrels per day (bpd) in January, up 9.2 percent from…
Huawei inks digital transformation MoUs for Egypt oil sector at EGYPS
Chinese tech giant Huawei has signed a MoU with Egypt’s state-run Co-Operation Petroleum Company (Copetrol) and…
Energy can serve as unifier, bridge for stability: AU official at EGYPS
Amani Abou Zeid, the African Union Commissioner said on Monday that not only gas can serve as a regional,…
Sisi: East-Mediterranean gas discoveries ease Europe’s energy crunch
President Abdel Fattah al-Sisi said on Sunday East-Mediterranean gas discoveries in Egypt, Lebanon or any other…
B Investments Holdings sells 6.3% of share in Total for $27.6mln
B Investment Holding sold its entire shares of 6.3 percent at TotalEnergies Marketing Egypt (TE) to TotalEnergies…
Türkiye halts oil supplies, suspends stock trading after earthquakes
Turkish energy and stock market sector have been affected by 7.8 magnitude catastrophic earthquake that struck…
Egypt petroleum minister chairs EGYPS 2023 executive committee meeting
Egyptian Petroleum Minister Tarek al-Molla has chaired the second meeting of the Executive Committee of the 6th…
BP wins two new exploration blocks in Egypt offshore Nile Delta
BP Plc announced on Monday that it has won two exploration blocks in the Mediterranean Sea offshore Egypt, close to…