prices | Egypt Oil & Gas
IEA’s Birol Warns of Tight Global Oil Market in H2 2023
The surprising announcement of OPEC+ to implement voluntary production cuts of 1.66 million barrels per day from May until the end of the year could cause tightness in the second half of this year, according to Fa ...
Cheniere Energy’s Revenues Increase Significantly as LNG Demand Skyrockets
The largest U.S. exporter of liquefied natural gas (LNG) Cheniere Energy announced that its third-quarter LNG income has more than doubled due to increased demand following Russia's invasion of Ukraine, Reuters re ...
Saudi Arabia May Slash October Crude Prices for Asia
Due to weak demand in the region and rising arbitrage shipments, the world's top oil exporter Saudi Arabia may lower October prices for the majority of crude grades it delivers to Asia.
Egypt’s MSIT: Bakeries Will Not Be Affected by New Diesel Prices
Minister of Supply and Internal Trade Ali Meselhy announced that bakeries will not be affected by the new prices of diesel, noting that bread prices will be the same.
Oil Ministry Spokesman Denies Rumors About Natural Gas Price Hikes
Egyptian Oil Ministry Spokesman Hamdy Abdel Aziz rejected rumors about a possible increase in natural gas prices, regarding figures published on social media as false. The official natural gas prices were publishe ...
El Molla: No Intention to Increase Gas Price for Industrial Sector
"There is no intention to move the prices of natural gas for the local industry at the present time, in light of the current international changes," Minister of Petroleum and Mineral Resources, Tarek El Molla, sai ...
Sonatrach Inks Agreement with Eni for Developing Natural Gas Production
Sonatrach announced that it has signed an agreement with Eni company to boost the development of natural gas production projects through the joint efforts and to increase exported gas volumes using the available c ...
