Sunday 22 Dec

Gas

United Energy to boost oil exploration activities in Egypt
2024/11/07

United Energy to boost oil exploration activities in Egypt

Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, held a meeting with Song Yu, CEO of United Energy Group. The meeting was attended by...

European gas prices surge on oil rally, weakening winds
2024/11/05

European gas prices surge on oil rally, weakening winds

European natural gas prices surged on Monday, driven by a combination of factors including rising oil prices, subdued weather conditions, and concerns over potential supply...

International companies bid for Egypt's Mediterranean oil
2024/11/04

International companies bid for Egypt's Mediterranean oil

The Egyptian Natural Gas Holding Company (EGAS) has decided to re-offer the development of the Satis field, located in the North Mediterranean Sea, to international...

Household gas prices increasing
2024/11/04

Household gas prices increasing

The government has announced an increase in natural gas prices for households. Depending on the amount of gas used, the price per cubic meter will...

Oil prices edged up slightly, Brent crude hits $71.51 a barrel
2024/10/30

Oil prices edged up slightly, Brent crude hits $71.51 a barrel

Oil prices rebounded on Wednesday, recovering some of the losses from earlier in the week. This uptick was fueled by easing geopolitical tensions in the...

Eni to expand Zohr field activities in early 2025
2024/10/26

Eni to expand Zohr field activities in early 2025

Francesco Gattei, the Chief Financial Officer of Eni, an Italian energy company, has announced that the company plans to undertake operations at the Zohr field...

Egypt to lead International Gas Union from 2028
2024/10/22

Egypt to lead International Gas Union from 2028

Egypt has won the presidency of the International Gas Union for a three-year term from 2028 to 2031, following its role as vice president during...

Matta Beshay warns of soaring inflation amid fuel price hike
2024/10/21

Matta Beshay warns of soaring inflation amid fuel price hike

Matta Beshay, the head of the Internal Trade Committee at the Importers Division of the Federation of Egyptian Chambers of Commerce, stated that Prime Minister...