Sunday 24 Nov

oil

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....

Oil prices spike amid Middle East tensions
2024/09/24

Oil prices spike amid Middle East tensions

Oil prices surged following a dual impact: China's campaign to support economy and the Israeli strike on Hezbollah targets in Lebanon

Oil prices steady ahead of Fed rate hike, Brent Crude hits $73
2024/09/17

Oil prices steady ahead of Fed rate hike, Brent Crude hits $73

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 stabilize following the resumption of Libyan exports
2024/09/16

Oil prices stabilize following the resumption of Libyan exports

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...

BP invests $200M to boost Raven Field gas production
2024/09/14

BP invests $200M to boost Raven Field gas production

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...