Dragon Oil finds oil in East Crystal 1 well in Gulf of Suez The Ministry of Petroleum and Mineral Resources announced today, Wednesday,... Businessmen Team 29 Jan 2025 Preliminary test results of the Hawara layer, extending 16 feet, showed a daily production of more...
Local oil companies, Saudi Al-Qahtani Group sign agreements Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, witnessed... Businessmen Team 14 Jan 2025 This occurred during his participation in the "Iktifaa" conference and exhibition in Saudi Arabia....
Oil prices surge on new US sanctions against Russia Oil prices surged to a four-month high on Tuesday as... Businessmen Team 14 Jan 2025 This slight decrease followed a near 2% gain in the previous session after the US Treasury Departme...
BP drilling success at Riffan, expands Med exploration The Egyptian Ministry of Petroleum and Mineral Resources announced that... Businessmen Team 12 Jan 2025 Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, conducted an inspection tour of...
Oil prices decline further Oil prices extended losses on Thursday, following a decline the... Businessmen Team 09 Jan 2025 Brent crude futures dipped 28 cents, or 0.4%, to $75.88 a barrel, while U.S. West Texas Intermediat...
Trump attacks Britain over new energy profits tax US President-elect Donald Trump criticized the UK's windfall tax on... Businessmen Team 05 Jan 2025 In a post, Trump stated, "The UK is making a very big mistake. Open up the North Sea. Get rid of t...
Oil prices edge up, Brent crude at $74.69 Oil prices edged higher Tuesdau but are poised to close... Businessmen Team 01 Jan 2025 As of 12:48 p.m. EST (1748 GMT), Brent crude futures gained 70 cents, or 0.95%, to settle at $74.69...
Saudi Arabia seeks to revitalize OAPEC for stronger Arab energy ties The 113th ministerial meeting of the Organization of Arab Petroleum... Businessmen Team 29 Dec 2024 The Saudi Ministry of Energy stated that this transformation, spearheaded by Energy Minister Prince...
Oil prices stabilize after decline amid concerns over Panama Canal Oil prices stabilized this week after a period of decline,... Businessmen Team 24 Dec 2024 Brent crude was trading near $73 per barrel, following a 2.1% decrease in the previous week. West T...
Cairon discusses expanding oil and gas operations in Egypt Minister of Petroleum and Mineral Resources Engineer Karim Badawy received... Businessmen Team 19 Dec 2024 The meeting was attended by Engineer Salah Abdel Karim, Chairman of the Egyptian General Petroleum...
Oil prices rise; Brent crude $74.02 per barrel Oil prices climbed on Wednesday, buoyed by a decline in... Businessmen Team 19 Dec 2024 Brent crude futures surged over a dollar, reaching a session high. They gained 86 cents (1.18%) to...
Gulf oil prices surge amid ME supply shortages Middle Eastern oil markets are witnessing a decline in supply... Businessmen Team 18 Dec 2024 This supply crunch is reflected in rising oil prices across the region. Traders in high-sulfur crud...
