Industry & Trade World Bank to cease financing upstream oil and gas flagships after 2019 Yomna Yasser Dec 13, 2017 0 The World Bank will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in…
forex news Oil prices recover on big US crude stock drawdown, pipeline shutdown supports Yomna Yasser Dec 13, 2017 0 Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles,…
Industry & Trade Egyptian petroleum exports surge by 16.8% in Q1 of FY2017/18 Yomna Yasser Dec 11, 2017 0 Egypt’s exports of crude oil and petroleum products increased 16.8 percent during the first quarter of financial…
forex news Oil prices drop on increased US rig drilling Yomna Yasser Dec 11, 2017 0 Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase in…
forex news US oil edges up after drop in crude inventories, but soaring output weighs Yomna Yasser Dec 7, 2017 0 Oil prices inched up on Thursday on a decrease in U.S. crude inventories, but rising gasoline stocks and crude…
forex news Oil prices climb on expected drop in US crude stocks Yomna Yasser Dec 5, 2017 0 Oil markets nudged higher on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after last…
Industry & Trade Exxon Mobil targets a foray into Egypt’s offshore oil and gas Yomna Yasser Dec 4, 2017 0 Exxon Mobil is considering a foray into Egypt's offshore oil and gas, seeking to replicate rivals’ success in the…
forex news Oil prices fall after US drillers add rigs Yomna Yasser Dec 4, 2017 0 Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their…
forex news US oil prices rise to two-year high on Keystone pipeline outage Yomna Yasser Nov 25, 2017 0 U.S. crude oil rose to a two-year high on Friday, as the shutdown of a major crude pipeline from Canada to the…
forex news Oil prices dip after US crude hits near 2-year high on pipeline shutdown Yomna Yasser Nov 23, 2017 0 Oil prices eased on Thursday, with U.S. crude dipping away from two-year highs reached the day before, but the…