News / Egypt
Iran warships enter Suez Canal, Egypt’s state-run MENA says
Two Iranian warships have begun crossing the Suez Canal as Israel stressed its objection to their planned voyage to Syria. How to trade record oil spreads as Middle East unrest grows
Events in Egypt may have taken a more favorable turn, but the underlying fundamentals are still shaky across much of the Maghreb with tensions rising in several countries. Egypt could have us over an oil barrel
Against a backdrop of already rising inflation, the Middle East descends into chaos, sending the oil price surging and tipping the global economy into recession. Petroleum workers saying their word
''I have suffered a severe form of injustice and was dismissed for no apparent reason after my contract ended… We will not rest until we claim our right, they did it in 25th of January and we can do it again,'' these were some of the protesters' chants in their demonstration in front of the Ministry of Petroleum. Worst-case scenario: $7 a gallon for gas?
Some experts expect that the unrest in the Middle East could lead prices into the crisis zone. Opinions are mixed on the issue, because even as the price of oil continues to drop, the price at the pump continues to rise, a paradoxical paradigm caused by the chaos in Egypt and other countries in that region. TransGlobe ups reserves
Canadian oil and gas company TransGlobe Energy Corporation said its proved reserves at the end of last year rose 6%, helped by exploration and appraisal drilling at its leases in West Gharib, Egypt. Petrol price reaches two-year high
The Automobile Association says petrol companies are unjustified in claiming Egypt's political turmoil is a factor in price rises. El-Sharkawi: it is time for future investments
''There is no change in the volume of Dana Gas investments in Egypt, and nothing will be changed or modified,'' Dr. Hany El-Sharkawi, Dana Gas Country Director told Egypt Oil & Gas Newspaper. 
