Decreased demand drives oil prices lower Oil prices fell slightly on Tuesday, having declined by nearly... Businessmen Team 05 Sep 2024 Brent crude was trading near $74 per barrel, while West Texas Intermediate hovered just above $70....
Taqa Arabia Egypt's oil discovery surges to 12,000 barrels daily A recent oil discovery in Egypt has shown promising results... Businessmen Team 02 Sep 2024 The company has made substantial progress with the horizontal well "BED 4-T100," known as "T100,"...
New oil discovery announced in the Western Desert Khalda Petroleum, representing the American Apache Corporation and the Egyptian... Businessmen Team 29 Aug 2024 The company announced a successful test on the new well, drilling 270 feet into the Paleozoic sands...
Oil prices soar after Israeli strike on Hezbollah Oil prices soared following an Israeli airstrike on Hezbollah targets... Businessmen Team 27 Aug 2024 Oil prices have remained slightly elevated year-to-date due to geopolitical risks and the anticipat...
Oil prices steady amid Iran focus Oil prices stabilized after a tumultuous week influenced by conflicting... Businessmen Team 16 Aug 2024 US retail sales and jobs figures boosted market sentiment, offsetting worries about China’s economi...
Egypt to build new wind farm with Masdar investment Ministry of Electricity and Renewable Energy is poised to sign... Businessmen Team 08 Aug 2024 The official disclosed that the project's total generation capacity will reach 200 megawatts and wi...
Apex American Petroleum to boost investments in Egypt Engineer Karim Badawy, Minister of Petroleum and Mineral Wealth, discussed... Businessmen Team 29 Jul 2024 During the meeting, Badawi emphasized that boosting domestic production of essential commodities is...
80,000 tons fuel oil arrive at Sokhna Port for power boost Ein Sokhna Port today welcomed the largest fuel oil carrier... Businessmen Team 10 Jul 2024 The arrival of the shipment follows the government's recent announcement to allocate $1.18 billion...
