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 Fatih ...
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them for Q2 2023, according to a statement. As of March 2, the prices per liter are as follows; octane 80 at EGP 8.75; octane 92 at E...
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 ...
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, Reuters reported. Accordi...
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. He added that the General Authority for Supply Com...
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them for Q3 2022, according to a statement. As of July 13, the prices per liter are as follows; octane 80 at EGP 8.00; octane 92 at E...
Egypt’s Oil Ministry Spokesman Hamdy Abdel Aziz denied rumors about an increase in natural gas prices for households, which were recently published on social media. The official natural gas prices were published...
There is no intention to move the prices of natural gas for the local industry at present, in light of the current international changes, Minister of Petroleum and Mineral Resources, Tarek El Molla, told Al-Sharq. The...
Sonatrach announced that it has signed an agreement with Eni to boost the development of natural gas production projects through joint efforts and to increase the volume of gas exports using the available capacities o...
Throughout Europe, natural gas prices are fluctuating as supply fears intensify alongside calls for further sanctions against Russia, Bloomberg reported. Several EU members are pressing for new sanctions to be imposed...