Cost

  • Egypt Pays EGP 60.1 B in Fuel Subsidies in 9 Months

    Egypt Pays EGP 60.1 B in Fuel Subsidies in 9 Months

    Tuesday, 7th May 2019

    Fuel subsidies cost thus decreased by 28.45% compared to the EGP 84 billion paid in the first nine months of FY 2017/18.

  • ERC to Payoff Mostorod Loans in 2018

    ERC to Payoff Mostorod Loans in 2018

    Wednesday, 19th October 2016
    The Egyptian Refining Company will begin paying off the first installment of external loans for the company's refining project at Mostorod starting 2018, immediately following the project's launch.
  • Saudi SABIC Records Cost Slump, Low Sales

    Saudi SABIC Records Cost Slump, Low Sales

    Thursday, 28th July 2016
    Acting Chief Executive of Saudi Basic Industries Corp (SABIC) announced that the giant company has recorded an 18% slash in its Q2 costs of 2016, down from the first three months of the year.
  • North Sea Shedding Assets, Employees

    North Sea Shedding Assets, Employees

    Sunday, 16th August 2015
    Oil and service companies operating in the North Sea are writing down assets and firing workers in an effort to lower production expenses, reported The Scotland Herald.
  • Jordan says Egypt gas cuts cost Amman $2 bln

    Jordan says Egypt gas cuts cost Amman $2 bln

    Tuesday, 24th April 2012
    Energy-poor Jordan warned on Monday that cut-offs in unstable Egyptian gas supplies could cost the kingdom more than $2 billion this year.