GUPCO to Drill Five New Wells to Boost Production by 2025

• Sunday, 28th July 2024
• by Fatma Ahmed

Chairman of Gulf of Suez Petroleum Company (GUPCO) Salah Abdel Kareem has announced that the company to drill new five developmental wells in the fields of North Safa to increase the stock to more than 100 million ...

Fujairah Oil Stocks Achieve High Record in Four Weeks

• Thursday, 4th February 2021
• by Fatma Ahmed

Fujairah oil products stocks achieved a high record in four weeks, showing gains for the first time in eight weeks.

Oil Products Stockpiles Decline in Fujairah

• Thursday, 6th August 2020
• by Fatma Ahmed

Data released by Fujairah Oil Industry Zone showed that oil products stocks in the East Coast port of Fujairah, continued to decline along the past week.

Kuwait Expanding Power Projects, Renewables, Amidst Oil Price Pressures

• Monday, 17th August 2015
• by Egypt Oil & Gas

The Kuwaiti Finance Ministry has approved the construction of a series of projects worth $9.9 b including power plants and desalination facilities and other infrastructure projects

UAE and Other Middle East Stocks Gyrate With Oil Prices

• Monday, 4th May 2015
• by Egypt Oil & Gas

Dubai stocks tumbled the most since March as investors bet the longest streak of weekly gains in 15 months had taken share prices too high, too fast. Abu Dhabi equities fell to the lowest in almost three weeks.

Egypt to List 3 State Owned Companies Petroleum Companies

• Tuesday, 7th April 2015
• by Egypt Oil & Gas

The stock market can be a great platform for state-owned companies to finance their future plans.

Egypt Stocks Fall as Yemen Conflict Escalates

• Tuesday, 7th April 2015
• by Egypt Oil & Gas

Egypt stocks plummeted on Sunday for the second consecutive session as the regional conflict in neighbouring Yemen pushed local investors to sell.