The Egyptian Cabinet approved during its weekly meeting draft laws on the draft oil agreements for 17 oil and gas exploration and exploitation agreements. The agreement includes bills on licensing the minister of petroleum and mineral resources to contract...اقرأ المزيد
International oil prices rose on Friday after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, fueling tension in the Middle East. Benchmark crude prices were on their way for the biggest decline in seven weeks. Vanguard Markets...اقرأ المزيد
Minister of Petroleum and Mineral Resources Tareq el Molla said the oil sector continues the implementation of new action plans that aim to improve the efficiency of transportation and distribution system of petroleum products in order to fulfill domestic...اقرأ المزيد