Price | Egypt Oil & Gas
EU Exploring Various Ideas for Price Capping
According to the EU’s head of energy policy, the European Commission is exploring different forms of gas price capping, including one that targets gas used in power generation and a temporary “flexibleR...
European Commission Warns EU That Gas Price Cap Poses Risks
In response to appeals from several nations for Brussels to act to control skyrocketing gasoline costs, the European Commission has issued a warning to EU member states that a broad cap on gas prices could be difficul... Some EU Member States Push for Bloc-Wide Gas Price Cap
A number of EU nations are urging Brussels to present proposals this week for a natural gas price cap that would apply to the entire EU, according to a letter seen by Reuters. The EU proposed a package of emergency me...
Nigeria’s Diesel Price Crashes by 42%
The Nigerian National Petroleum Corporation (NNPC) announced that the price of diesel has crashed by about 42% nationwide. Automotive Gas Oil (AGO) had a huge downslide over the last six months, following key strategi...
Liberian Government Increases Fuel Prices
The Liberian government, through the Liberia Petroleum Refining Company (LPRC) and the Ministry of Commerce & Industry, has announced an increase in the prices of gasoline and diesel fuel on the Liberian market mi...
Kuwait Favors an OPEC Output Cut Extension
Kuwait wants the Organization of Petroleum Exporting Countries (OPEC) to extend output cuts beyond June, becoming the producer group’s first member to call for more time to balance the global oil market, Bloomberg rep...
UAE to Increase Fuel Prices in March
Gasoline and diesel prices in the United Arab Emirates (UAE) are set to increase again in March, Gulf Business reported based on the new rates revealed by the Energy Ministry. The increases, though small, mean that Su...
Tanzania to Set Natural Gas Rates
Tanzania will start setting indicative prices for natural gas to guide potential investors. Currently the prices of natural gas are negotiated between the buyer and the government-owned Tanzania Petroleum Development ...
