government
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Oman Revises Petrol, Diesel Prices
Thursday, 3rd March 2016
Oman’s Ministry of Oil and Gas has announced the revised petrol and diesel prices to be effective as of March. The prices for super grade and regular petrol decreased, while diesel price remained unchanged. -
Libya’s Oil Production Drops to 360,000b/d
Thursday, 25th February 2016
Libya's National Oil Corporation (NOC) stated that country's total oil production had recently decreased to between 360,000 and 370,000b/d due to the ongoing attacks conducted by Islamic State on Libya's oil infrastructure. -
Libya Has Lost $68b in Oil Revenues Due to Instability
Tuesday, 26th January 2016
Amid discussions to form a unity government in Libya, the head of the country’s national oil company, Mustafa Sanalla, urged reconciliation and stated that the country had lost $68b in oil production and exports since 2013 due to attacks on its oil ports amid political instability. -
EGYPT: Petroleum Minister to Become New Prime Minister
Saturday, 12th September 2015
The Prime Minister of Egypt, Ibrahim Mehlab, and the entire cabinet have announced their resignation, Reuters reported. -
Egypt Spent EGP 126.3bn in Petroleum Subsidies in 2013/14
Monday, 15th June 2015
Egypt has spent EGP 126.3bn on oil products subsidies during the fiscal year (FY) 2013/2014, according to a US Energy Information Administration (EIA) report on Egypt’s energy released in June. -
Petroleum Industry Promotions
Sunday, 31st May 2015
The Minister of Petroleum Sherif Ismail approved the following promotions within state-owned companies. -
Industry to Issue New Operating Licenses amidst Energy Crisis
Monday, 6th April 2015
The Ministry of Industry and Foreign Trade announced yesterday that it is working on new regulations for issuance of operating licenses for the steel and cement industries.
Latest News
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021