trade | Egypt Oil & Gas
India’s Reliance Industries Seeks to Get First Oil Cargo From the UAE
India’s Reliance Industries Ltd stated that it seeks to receive its first cargo of oil from its new Abu Dhabi-based trading unit in December, a source informed Reuters. Last October, the company announced that i... Iran to Barter Oil for Funding Petroleum Projects
Iran is planning to barter crude oil with other raw materials, equipment and investments in order to use the revenue to finalize petroleum projects that are partially complete, according to a statement from Iranian Mi...
Egypt, Japan Mull Cooperation to Expand Reliance on NGV
The Minister of Industry and Trade, Neveen Gamea stressed Egypt’s keenness to cooperate with Japan to expand reliance on vehicles running on natural gas. Gamea’s remarks came following a meeting with Noki ...
ADNOC to Accelerate Transformation Program
The United Arab Emirates’ (UAE) largest oil company, Abu Dhabi National Oil Company (ADNOC), announced at the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC) that it will accelerate its transformation...
El Molla Discusses Joint Cooperation with EU
The Minister of Petroleum, Tarek El Molla has discussed with Ivan Surkos, the European Union (EU) Ambassador to Egypt enhancing cooperation in different forms, including a joint project with Belgium’s Port of Antwerp,...
Russian Petroleum Exports to Egypt Increase by 84%
Egypt imported $481 million of oil and gas products from Russia in the first six months of 2018, an 84% increase from the same period in 2017, Daily News Egypt reported quoting the Russian Head of Trade Representation...
Kuwait Negotiates Entering Trade Joint Venture
Kuwait is planning to be an energy trader, not just a producer. Kuwait Petroleum Corp (KPC) is discussing entering a joint venture with commodities traders or international oil companies in order to start trading refi...
Bahrain to Increase Investments in Egypt
Egypt signed 11 Memoranda of Understanding (MoUs) with Bahrain during the Bahraini-Egyptian Business Forum marking a two-day visit of Bahrain’s King Hamad bin Issa al-Khalifa to Cairo, informed Ahram Online. MoUs incl...
