Sunday 22 Dec

oil

EPROM soars internationally, securing first overseas deal in Nigeria
2024/10/26

EPROM soars internationally, securing first overseas deal in Nigeria

In line with the directives of Engineer Karim El-Sawy, Minister of Petroleum and Mineral Resources, and the ministry's ambitious vision to expand Egyptian petroleum companies'...

Egypt to import 50,000 tons of crude oil
2024/10/16

Egypt to import 50,000 tons of crude oil

Egypt has contracted to import 50,000 tons of crude sunflower oil to bolster its food oil reserves

Europe braces for diesel flood as imports surge
2024/10/09

Europe braces for diesel flood as imports surge

Europe is gearing up for a significant influx of diesel imports this month, as shipments from both the United States and Saudi Arabia converge. The...

Sodium batteries show promise for energy storage, longevity
2024/10/08

Sodium batteries show promise for energy storage, longevity

Sodium batteries are emerging as a promising alternative to traditional lithium-ion batteries, offering improved energy storage capacity and longevity. Australian company Altech Batteries has unveiled...

Egypt, Romania join forces to develop new crop varieties
2024/10/08

Egypt, Romania join forces to develop new crop varieties

Minister of Agriculture Alaa Farouk met with his Romanian counterpart, Florin Barbu, in Bucharest. The meeting aimed to strengthen agricultural cooperation between Egypt and Romania....

Exxon Mobil targets Western Med gas exploration
2024/10/03

Exxon Mobil targets Western Med gas exploration

During his current visit to the United Kingdom, Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, held a meeting with John Ardill, Vice President...

Libya's oil revival looms as parliament approves Central Bank head
2024/10/01

Libya's oil revival looms as parliament approves Central Bank head

The Libyan Parliament has approved the appointment of a new governor for the Central Bank, thus ending the dispute over control of the country's vast...

Brent Crude hits $73 as geopolitical tensions escalate
2024/09/30

Brent Crude hits $73 as geopolitical tensions escalate

Oil prices have surged amid heightened geopolitical tensions and uncertainty. Following Israel's assassination of Hezbollah leader Hassan Nasrallah, the market is closely watching Iran's retaliation....