ExxonMobil Indicates Strong Q3 Earnings on Natural Gas Pricing

• Wednesday, 5th October 2022
• by Israa Ibrahim

According to a securities filing, ExxonMobil indicated strong third quarter operating profits following the previous quarter’s all-time record as gains from natural gas offset weaker refining and chemicals, Reut...

Egypt to Introduce Fuel Pricing Mechanism on 95-Octane in April

• Tuesday, 8th January 2019
• by Sarah Samir

Egypt will introduce an automatic price indexation mechanism on 95-octane benzene in April 2019, Minister of Petroleum Tarek El Molla told Reuters. The new system will allow the price of 95-octane to fluctuate accordi...

Iran Breaking Pricing Tradition for Crude Exports to Asia

• Sunday, 10th April 2016
• by Egypt Oil & Gas

Iran is seeking to enter an oil price war with its rivals. Tehran ratcheted up its offense in the oil market by breaking a pricing tradition, signaling it is determined to win its market share at a time when rival pro...