trade
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Egypt, Japan Mull Cooperation to Expand Reliance on NGV
Wednesday, 16th December 2020
The Minister of Industry and Trade, Neveen Gamea stated that Egypt seeks to cooperate with Japan to expand reliance on vehicles run on natural gas.
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ADNOC to Accelerate Transformation Program
Tuesday, 10th November 2020
The United Arab Emirates’ 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 program to reduce cost and unlock value.
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El Molla Discusses Joint Cooperation with EU
Wednesday, 17th July 2019
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.
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Russian Petroleum Exports to Egypt Increase by 84%
Tuesday, 28th August 2018
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.
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Kuwait Negotiates Entering Trade Joint Venture
Thursday, 27th July 2017
Kuwait Petroleum Corp (KPC) is discussing entering a joint venture with commodities traders or international oil companies in order to start trading refined oil products. -
Bahrain to Increase Investments in Egypt
Thursday, 28th April 2016
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 in April. -
Egyptian Industry: Energy and Dollars Biggest Challenges in 2016
Monday, 4th January 2016
Energy and foreign currency shortages will be the primary challenges facing Egyptian industry in the coming year. -
Arab-South American Summit to Discuss Trade, Oil Price
Wednesday, 11th November 2015
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UAE Signs Energy Trade Agreement With Belize
Monday, 5th October 2015
The UAE has just signed a bilateral trade agreement with Belize, reported Trade Arabia, to open opportunities for energy investments in the Central American republic and expand the country's regional energy profile. -
Glencore, Latest European Energy Company to Head to Iran
Sunday, 5th July 2015
Anglo-Swiss commodity trader Glencore is the latest European energy entity to send its executives to Tehran in search of business opportunities amid hopes of a nuclear deal with Iran, a Thursday report said.
Latest News
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 59.91 | +0.27% |
Crude Oil (Brent) Brent | USD/bbl | 62.85 | +0.24% |
NYMEX Natural Gas | USD/MMBtu | 2.88 | +1.30% |
OPEC Basket Price | USD/bbl | 64.24 | -0.20% |
Last Modified March 3, 2021