oil

Activists drape Rishi Sunak’s mansion in black cloth to protest his climate policies
World

Activists drape Rishi Sunak’s mansion in black cloth to protest his climate policies

CNN  —  Five people were arrested after climate activists draped black cloth over British Prime Minister Rishi Sunak’s private mansion…
Saudi Arabia extends oil production cut even as US gas prices hit nine-month highs
Middle East

Saudi Arabia extends oil production cut even as US gas prices hit nine-month highs

New York CNN  —  OPEC leader Saudi Arabia is extending its oil production cut for at least another month in…
Inside efforts to avert environmental ‘catastrophe’ in the Red Sea
Middle East

Inside efforts to avert environmental ‘catastrophe’ in the Red Sea

CNN  —  Moored five miles off the coast of Yemen for more than 30 years, a decaying supertanker carrying a…
BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board
Middle East

BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board

London CNN  —  BlackRock, the world’s biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil…
Saudi Arabia and Russia curb oil supply again to try to boost prices
Middle East

Saudi Arabia and Russia curb oil supply again to try to boost prices

London CNN  —  Saudi Arabia and Russia announced Monday that they would make additional cuts to oil supply as a…
Oil prices jump after Saudi Arabia vows to cut production again
Middle East

Oil prices jump after Saudi Arabia vows to cut production again

London/Hong Kong CNN  —  Oil prices rose Monday after Saudi Arabia said it would slash output by another one million…
Petroleum Ministry says US “Apache” enhance investments in Egypt
Egypt

Petroleum Ministry says US “Apache” enhance investments in Egypt

US oil company Apache has plans to increase its investments in Egypt in light of new exploration opportunities in the…
Molla: We expand spot contracts to export LNG
Business

Molla: We expand spot contracts to export LNG

Minister of Petroleum and Mineral Resources Tarek al-Molla said the exportation of LNG on a spot basis is helping Egypt…
Petroleum min discusses preparations for 12th Arab energy conf
Egypt

Petroleum min discusses preparations for 12th Arab energy conf

Petroleum and Mineral Resources Minister Tarek al-Molla discussed with newly-appointed Secretary General of the Organization of Arab Petroleum Exporting Countries…
Sinai has huge oil reserves, Petroleum minister announces
Business

Sinai has huge oil reserves, Petroleum minister announces

Egypt has huge oil reserves in the Sinai Peninsula, Minister of Petroleum and Mineral Resources in Egypt Tarek al-Mulla announced.…
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