Oil rises 1% after Saudi Arabia announces Dec. supply cut
Oil rose by about one percent on Monday after top exporter Saudi Arabia announced a cut in supply for December,…
Browsing Tag
production
Egypt, China’s GCL resume talks over solar panel complex
Egypt's Ministry of Electricity resumed its negotiations with China’s GCL Group to set up an integrated industrial…
Egypt eyes $10 billion in oil investments in FY2018/19
Egypt's Minister of Petroleum Tarek el-Molla said on Saturday that measures adopted by the ministry will help…
Investment opportunities to enhance cooperation between Egypt, China
There are promising investment opportunities to develop cooperation between Egypt and China in the field of energy…
Oil falls amid supplied market, Iran sanction exemptions
Oil fell on Wednesday, extending losses from the previous session, with markets well supplied amid rising…
US crude drops 6.6% this week, settling at $63.14, as fear of oil shortage fades
Oil prices fell on Friday, posting a fourth consecutive weekly loss, as investors worried about oversupply after…
Oil falls as Saudi Arabia pledges to play responsible role in market
Oil prices dipped on Tuesday after Saudi Arabia pledged to play a "responsible role" in energy markets, although…
Oil well in Egypt’s West Nile Delta begins output
An oil well in Egypt's West Nile Delta has started production, the Ministry of Petroleum and Mineral Resources…
Soaring production costs lead to liquidation of Egypt’s National Cement
Due to continued financial losses and debt accumulation, the government has decided to liquidate the National…
Egypt’s govt. launches new strategy to boost local industry
The Ministry of Trade and Industry released its Local Industry Development Strategy (LIDS) earlier this month, a…
AfDB 2023