OPEC: Egypt among countries to see largest oil supply falls in H2
Global oil demand is assumed at 99.73 mb/d in 2020, but the second half of 2020 is forecasted to see higher…
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Oil
BP says invested $14 bln in Egypt over past five years
BP had invested $14 billion in Egypt over the past five years, its new CEO Bernard Looney said on Tuesday.
Egypt says repaid 86% of arrears to foreign oil companies in 2019
Egypt has repaid 86 percent of arrears to foreign oil companies at the end of December, the country’s Cabinet…
Oil jumps to highest in more than a week after Libyan shutdowns
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began…
Egypt witnesses unprecedented increase in oil, gas production: minister
Egyptian petroleum minister Tarek El-Molla said an unprecedented increase in Egypt's gas and petroleum production…
Egypt invests $31bn in implementing 27 petroleum projects
Egypt invests total investment of $31bn in 27 projects to develop oil and gas fields, Minister of Petroleum and…
Egypt’s arrears to foreign oil firms fall by more than 80% – minister
Egypt’s arrears to foreign oil companies fell by more than 80 percent to below $900 million, petroleum minister…
Oil prices little changed near 3-month highs
Oil prices on Friday were little changed, steadying near three-month highs as new data showed U.S. crude…
OPEC supply cut not intentionally timed for Saudi Aramco listing: energy minister
Saudi Energy Minister Prince Abdulaziz bin Salman told CNBC on Friday that an agreement to further cut global oil…
Spain’s fossil-fuel giant Repsol eyes net-zero emissions by 2050
Spanish oil, gas, and chemical giant Repsol S.A. is planning to cut emissions to net-zero by 2050 and said it would…