Egypt inspects 500 fuel stations for violations in last week of March
The Egyptian General Petroleum Corporation (EGPA) inspected over 500 fuel stations nationwide in the last week of…
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petrol
URGENT: Egypt to keep subsidised bread price unchanged despite fuel increase
Egypt will keep the price of its subsidised baladi bread fixed at 20 piastres per loaf despite the government’s…
EU new car sales slip in early ’25 despite April rebound
New car registrations in the European Union fell by 1.2 per cent in the first four months of 2025 compared to the…
Egypt’s Ministry of Supply intensifies inspections at fuel stations
Egypt’s Ministry of Supply and Internal Trade has launched a nationwide campaign to tighten oversight of fuel…
India considers scrapping windfall tax on crude oil
India's Finance Ministry is currently assessing the effectiveness of the windfall tax on domestic crude oil…
Switzerland’s inflation falls by 0.3% in September ’24
Switzerland's consumer price index (CPI) fell by 0.3 per cent in September 2024 compared with August, reaching…
South Africa increases petrol prices – minister
South Africa’s Minister of Mineral Resources and Energy Gwede Mantashe said on Friday in a statement the price of…
7 agreements to explore oil, gas signed in Egypt
Seven Agreements were signed to explore petrol and gas with minimum investments of $162 million during 2017/2018,…
Petrol, natural gas production rises to 5.8 million tonnes in Egypt last Nov.
Egypt's petrol and natural gas production increased record 5.83 million tonnes in November 2017, compared to 5.45…
Nissan revolution: could new petrol engine make diesel obsolete?
Japanese automaker Nissan Motor Co (7201.T) has come up with a new type of gasoline engine it says may make some of…
OiLibya to export 500T made-in-Egypt oils to Ethiopia per month
The Libyan petroleum dealer, OiLibya’s Egyptian subsidiary is to export 500 tonnes of oil every month to Ethiopia,…
No Rise in Fuel Prices- Egypt’s Petroleum
Egypt's ministry of petroleum and mineral resources stressed on Tuesday that there is no intention to raise fuel…
Egypt Signs $1 Bln Finance For Food, Energy
The Egyptian government signed an agreement on Sunday with the Saudi-based Islamic Development Bank (IDB) that will…
EGPC’s Shake-Up In Egypt Subsidies On Petroleum Products
The Egyptian General Petroleum Corporation (EGPC) has made proposals to help the government cut LE35 billion ($5.8…
Fuel Price may Push MENA Airlines To Post More Losses
Middle East carriers could post financial losses over the coming 12 months, despite appearing to have weathered the…
New York Car Show Raises Consumers’ Spirits
US consumers' optimism and their revived appetite for new cars were on display at the New York Auto Show. Coming…
Egyptian Exports To Japan Doubled In 2011
The value of Egyptian exports to Japanese market has increased by 100%, in the period between January and October…
Automobiles Long Queues Snake Everywhere: Egypt
For the second time in 2012, Egypt is facing a fuel crisis as petrol supplies dry up, thus long queues of…
Brent exceeds 122 Dollars as financial markets gain
Crude oil exceeded 122 $ on Wednesday after two days of losses following the gains in financial markets as a result…
Oil drops for the second day
Oil dropped for a second day in New York on growing speculation that demand may be curbed by a rally that has…
Brent falls as investors take profits
According to Reuters: Crude Brent futures fall a dollar per barrel on Monday to halt five days of…