Oil prices have remained relatively steady as concerns about weakening demand forecasts offset the anticipated impact of an interest rate cut by the Federal Reserve....
Oil prices have stabilized after posting their first weekly gain in a month, as a decline in Libyan exports offset signs of a deepening economic...
Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, met with Engineer Nader Zaki, Regional President of British Petroleum (BP) in the Middle East and...
Engineer Karim Badawy, Minister of Oil and Mineral Resources, stressed the distinguished relations between Egypt and the Emirates. He emphasized that investments in the energy,...
Oil prices fell slightly on Tuesday, having declined by nearly 5% the previous day. The potential resolution of Libya's political turmoil shifted attention back to...
A recent oil discovery in Egypt has shown promising results during flow rate testing, indicating its potential for commercial production. This significant milestone is expected...
Khalda Petroleum, representing the American Apache Corporation and the Egyptian General Petroleum Corporation, announced, Tuesday, a new oil discovery in the West Fayoum-1 area of...
Oil prices soared following an Israeli airstrike on Hezbollah targets in southern Lebanon, escalating tensions in the Middle East. Brent crude climbed to $80 per...