oil

Kuwait sends 1.25 million barrels of oil to Egypt
Business

Kuwait sends 1.25 million barrels of oil to Egypt

 According to a Kuwaiti petroleum official, Kuwait has sent Egypt 1.25 million barrels of crude oil and 20,000 tons of…
Shell closes Egypt offices, curbs business travel there
Business

Shell closes Egypt offices, curbs business travel there

Europe's top oil company Royal Dutch/Shell has closed its offices in Egypt for the next few days and restricted business…
Oil hits four-month high as Egypt stokes supply fears
Business

Oil hits four-month high as Egypt stokes supply fears

Brent oil prices climbed above $111 per barrel to a four-month high on Thursday on fears that escalating violence in…
Kuwait to provide 4.5 million oil barrels to Egypt
Business

Kuwait to provide 4.5 million oil barrels to Egypt

A prominent government source has said that Kuwait will offer fuel and financial support estimated at US$4 billion. The Kuwaiti petroleum…
EU urges restraint, dialogue in Egypt
Egypt

EU urges restraint, dialogue in Egypt

BRUSSELS - EU foreign policy chief Catherine Ashton called for "restraint" and political dialogue in Egypt on Wednesday while offering…
Oil prices jump amid bloodshed in Egypt
Business

Oil prices jump amid bloodshed in Egypt

SINGAPORE - Oil prices rose sharply in Asian trade Wednesday on growing concerns that the escalating political crisis in Egypt…
Egypt says awards oil, gas prospection contracts
Egypt

Egypt says awards oil, gas prospection contracts

Egypt said on Tuesday it awarded contracts for a minimum investment of $1.2 billion in eight oil and gas prospection…
Supply minister: Wheat reserves good for four months
Business

Supply minister: Wheat reserves good for four months

Minister of Supply and Internal Trade Bassem Kamal on Wednesday said existing and contracted local and imported wheat reserves are…
The scramble for Egypt’s oil
Opinion

The scramble for Egypt’s oil

In the Qattamiya Heights Club House, amid the manicured green lawns and the golf course, multinational executives and government officials…
Sudan’s Bashir says ready to meet South Sudan counterpart to get oil flowing
World

Sudan’s Bashir says ready to meet South Sudan counterpart to get oil flowing

Sudan's President Omar Hassan al-Bashir said on Wednesday he was ready to meet his South Sudanese counterpart Salva Kiir to…
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