Oil prices dip on further rise in US drilling, demand slowdown
Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped to maintain…
Browsing Tag
production
Egypt’s fuel consumption jumps by 4.7% in 2016
Egypt’s consumption of various energy resources rose 4.7 percent to reach 91 million tonnes of oil…
Oil prices struggle on doubts OPEC can rein in oversupply
Oil prices wallowed near their lowest levels in seven months early on Thursday, hurt by high global inventories…
Egypt pays $2.2 bln in arrears to foreign oil firms in three weeks
Egypt has paid $2.2 billion in arrears to international oil companies operating in the country during the past…
Oil slips over worries Middle East rift will undermine output cuts
Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several…
Oil prices fall as rising Libyan, US output undermines cuts
Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that…
Asian markets mixed, China PMI slightly higher than expected
Stocks in Asia were mixed on Wednesday and the British pound fell on new poll results that showed U.K. Prime…
Samsung Electronics may add NAND capacity at China plant amid demand surge
Tech giant Samsung Electronics Co Ltd said on Monday it is considering adding NAND memory chip production…
Indian Petrochemical company eyes increasing investment in Egypt
India's largest investor in Egypt's chemical business is planning to increase its investments in the Middle…
German investors planning new petrochemical investments in Egypt: minister
A number of German investors will pump new investments into some Egyptian petrochemical and phosphate fertiliser…
