Diesel

Cairo aims to convert 1,962 buses to work with natural gas instead of diesel

Wed, 17 Aug 2022 - 10:29 GMT

The plan aims to achieve the economic optimum benefit from Egypt’s wealth of natural gas, and to maximize the added value thereof.

Egypt raises gasoline price by 25 piastres; diesel remains unchanged at LE 6.75

Fri, 15 Apr 2022 - 09:30 GMT

Egypt’s Fuel Automatic Pricing Committee decided Friday to increase the prices of gasoline in the local market by 25 piastres per liter, the Ministry of Petroleum announced.

Egypt's imports of gasoline, diesel fall 30%

Mon, 18 Oct 2021 - 12:32 GMT

The capacities of the petroleum product lines increased by 90 percent, at 122 million tons annually, and an 85 percent increase in the ports’ capacity, 45 percent in the storage capacities of petroleum products.

Egypt raises gasoline prices by 25 piasters per liter, keeps diesel unchanged

Fri, 23 Jul 2021 - 08:48 GMT

Egypt's Fuel Automatic Pricing Committee decided to raise gasoline prices by 25 piasters per liter and to keep the prices of diesel and mazut unchanged until the end of September.

Cabinet to convert 2.3K public buses to run on natural gas

Sat, 02 Jan 2021 - 02:31 GMT

Ministry of Local Development revealed an enlarged plan was presented by Prime Minister Mostafa Madbouly to convert 2,300 public buses in Cairo and Alexandria over five years.

3 manufacturing MoUs signed with Belarus

Wed, 11 Dec 2019 - 11:51 GMT

Both parties agreed to get involved in export targeting African and Arab markets given the many trade agreements Egypt is part of.

VW says diesel scandal cleanup to cost 2 billion euro in 2019: paper

Sun, 23 Dec 2018 - 09:30 GMT

Volkswagen’s (VOWG_p.DE) cleanup of a diesel cheating scandal will cost it 5.5 billion euros ($6.25 bln) in 2018.

Volkswagen profits soar as diesel scandal costs fade

Wed, 31 Oct 2018 - 12:40 GMT

soaring profits for a third quarter free of massive payouts for diesel emissions cheating but the results were still weighed down by new pollution tests.

Consumption of diesel increases to 40M tons per day due to harvest season

Tue, 01 May 2018 - 12:47 GMT

Normal consumption rates do not exceed 37,000 tons a day.

Gasoline and diesel consumption down 2-3%, subsidy bill hits LE 110B

Thu, 12 Apr 2018 - 03:10 GMT

The price of oil in the new budget is set at $67 per barrel, Minister of Finance said.

Business News Wrap-up

Thu, 12 Apr 2018 - 05:19 GMT

A wrap-up of the most prominent business news of the day.

Production, consumption of diesel drop in December 2017

Tue, 27 Feb 2018 - 09:48 GMT

Consumption of diesel declined in December 2017 by around 57,000 tons, compared to the same month a year earlier.

Fiat Chrysler will ditch diesel from its cars by 2022: FT

Mon, 26 Feb 2018 - 07:32 GMT

The car-maker will announce it intends to phase out the fuel type from the cars across its brands, the FT said, citing people familiar with the company strategy.

Numbers starting to add up for Tesla trucks: DHL executive

Sat, 24 Feb 2018 - 09:55 GMT

The numbers behind Tesla Inc’s long-distance Semi electric trucks are close to making sense for haulers looking at a shift away from diesel.

German court to decide on fate of 15 million diesel cars

Thu, 22 Feb 2018 - 08:51 GMT

Environmental group DUH has sued Stuttgart in Germany’s carmaking heartland, and Duesseldorf over levels of particulate matter exceeding European Union limits.

Egypt to boost its petrol production by 11M tons in 4 years

Tue, 06 Feb 2018 - 10:57 GMT

The Petroleum Ministry is executing 7 projects to develop and expand refineries, with LE 8.3 billion investments.

U.S. seeks 'substantial' fines in Fiat Chrysler emissions case: source

Sat, 03 Feb 2018 - 10:13 GMT

The U.S. Justice Department is seeking “substantial” civil fines from Fiat Chrysler Automobiles NV.

Volkswagen faces inquiry call over diesel fume tests on monkeys

Tue, 30 Jan 2018 - 12:30 GMT

Volkswagen's supervisory board called for an immediate inquiry into who commissioned tests in which monkeys were exposed to toxic diesel fumes.

3 companies to produce 14.5M tons of petroleum products in 2018/19

Sun, 14 Jan 2018 - 02:00 GMT

The companies aim to refine around 16 million tons of crude in 2018/19 to help satisfy domestic needs from petroleum products.

After emissions scandal, Volkswagen on U.S. comeback trail with all-new Jetta

Sun, 14 Jan 2018 - 08:47 GMT

Volkswagen will launch an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday.

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