"Egypt plays an important role within our global portfolio. It has been one of the company’s core countries for decades since 1974" said Wintershall Dea Chairman and CEO Mario Mehren.
During his first visit to Egypt, Chairman of the Board and Chief Executive Officer (CEO) Mario Mehren reinforced Wintershall Dea’s commitment to the country. The company invited representatives from the oil and ga ...
Setting a robust national fuel price could be the first step taken towards a more sustainable future, however, there's a multi-billion-dollar elephant in the room.
Many developing countries around the world subsidize fuel products to sidestep local impact of fluctuating global oil prices. However, on a macroeconomic level, subsidies by default tend to have a taxing impact on ...
Since 2016, Brexit negotiations started when the United Kingdom (UK) voted for separation from the European Union (EU) in a landmark referendum, where 51.9% voted to leave the EU against 48.1% voted to remain in t ...
Energy subsidy reform is a main pillar of Egypt’s economic reform program. The government has implemented the last round of subsidy cuts in June 2019 and the subsidy's system reform is supposed to be ongoing until ...
As a response to the appeal of Hala Zayed, Minister of Health and Population, to raise awareness on the importance of blood donation, the Ministry of Petroleum and Mineral Resources initiated the sector’s first bl ...
Energy subsidies are a common component in many low- and middle-income countries, yet its provision contributes to large fiscal deficits, averting resources away from growth-promotion and poverty-reduction expendi ...
The number of electric and natural gas vehicles is growing rapidly with increased government support and private sector investments reflecting major developments in the energy and transportation industries.
The oil and gas downstream sector has no less importance and effect on developing the countries’ economy than the upstream and midstream sectors. Globally, 2017 proved to be a successful year for the downstream se ...
