BusinessEgypt partners with global energy companies in $1.8 billion offshore exploration initiativeAdminJuly 5, 2023July 5, 2023 July 5, 2023July 5, 2023 Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8... Read more
BusinessEgypt partners with global energy companies in $1.8 billion offshore exploration initiativeAdminJuly 5, 2023July 5, 2023 July 5, 2023July 5, 2023 Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8... Read more
BusinessGold continues upward climb, scaling one-year high racing past $2,000 an ounceAdminApril 4, 2023April 4, 2023 April 4, 2023April 4, 2023 Gold prices have surged past $2,000 an ounce, scaling one-year highs, as the US dollar and yields weakened. This follows... Read more
BusinessSaudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpdAdminApril 2, 2023April 2, 2023 April 2, 2023April 2, 2023 Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on... Read more
BusinessOil producers from OPEC and non-OPEC sign historic declarationAdminDecember 12, 2022 December 12, 2022 Ten non-OPEC oil-producing countries and OPEC Member Countries signed the Declaration of Cooperation (DoC) on 10 December 2022. At the... Read more
BusinessUAE plays a crucial role in securing global energy supplies – OPECAdminAugust 3, 2022 August 3, 2022 As one of the world’s largest oil producers, and considering future directions to increase energy productivity, Haitham Al Ghais, Secretary-General... Read more