Featured Egypt invests $31bn in implementing 27 petroleum projects Amwal Al Ghad English Dec 30, 2019 0 Egypt invests total investment of $31bn in 27 projects to develop oil and gas fields, Minister of Petroleum and…
Featured Egypt’s arrears to foreign oil firms fall by more than 80% – minister Mahmoud Shaaban Dec 29, 2019 0 Egypt’s arrears to foreign oil companies fell by more than 80 percent to below $900 million, petroleum minister…
The Watch Oil prices little changed near 3-month highs Amwal Al Ghad English Dec 28, 2019 0 Oil prices on Friday were little changed, steadying near three-month highs as new data showed U.S. crude…
Stocks OPEC supply cut not intentionally timed for Saudi Aramco listing: energy minister Amwal Al Ghad English Dec 8, 2019 0 Saudi Energy Minister Prince Abdulaziz bin Salman told CNBC on Friday that an agreement to further cut global oil…
Tech/AI Spain’s fossil-fuel giant Repsol eyes net-zero emissions by 2050 Amwal Al Ghad English Dec 3, 2019 0 Spanish oil, gas, and chemical giant Repsol S.A. is planning to cut emissions to net-zero by 2050 and said it would…
News OPEC, Russia may extend oil production cuts through midyear Amwal Al Ghad English Nov 27, 2019 0 OPEC and Russia are expected to extend their oil production deal at least through midyear. However, if they were to…
Tech/AI U.S., OPEC supply has ‘extinguished’ remaining upside potential for oil prices Amwal Al Ghad English Nov 2, 2019 0 A growth in production from the U.S. and OPEC has offset any remaining upside potential for oil prices, according…
forex news Oil rises 3.7%, but ends the week lower Amwal Al Ghad English Nov 2, 2019 0 Oil rose nearly 4 percent on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected…
forex news Oil prices fall as weak demand outlook weighs on Amwal Al Ghad English Oct 24, 2019 0 Oil prices slipped on Thursday as persistent concerns about a weak demand outlook weigh on, after posting sharp…
The Watch Oil drops after data shows bigger-than-expected build in U.S. inventory Amwal Al Ghad English Oct 23, 2019 0 Oil fell on Wednesday after gaining over 1 percent in the previous session as U.S. industry data showed a…