Lebanon’s FM: Egypt’s gas pipeline broken, we are able to secure fuel from Iraq

Fri, 19 Nov 2021 - 08:14 GMT

Egypt will begin to export 60 to 65 million cubic feet of gas per day to Lebanon.

Fire in Egyptian gas pipeline put out

Tue, 09 Mar 2021 - 07:12 GMT

There are no injuries or deaths.

Hungary foreign minister in Cairo to discuss exporting gas to Europe, says Egypt deserves EU support for its anti-illegal immigration

Tue, 23 Feb 2021 - 11:50 GMT

Hungary plans to receive natural gas from Egypt and distribute it across central Europe once the Greek-Bulgarian pipeline is completed, the Hungarian foreign minister said Tuesday.

Ismailia pipeline blast: Investigations reveal excavation works at leak point

Thu, 16 Jul 2020 - 01:42 GMT

Excavation works were revealed at the leak point, which caused a huge explosion on Cairo-Ismailia Road this week, according to investigations by the Public Prosecution.

Maintenance works start at Ismailia pipeline after explosion

Wed, 15 Jul 2020 - 12:19 GMT

Maintenance and repair works started at the petroleum pipeline that witnessed a huge explosion at Ismailia Desert Road on Tuesday.

Death toll from Mexico fuel pipeline blast rises to 66

Sat, 19 Jan 2019 - 10:10 GMT

At least 66 people were killed after a pipeline ruptured by suspected fuel thieves exploded in Mexico.

Cyprus forms committee to reprice gas exports

Fri, 24 Aug 2018 - 01:11 GMT

International oil prices fell to below $40 from over $100 per barrel four years ago. Currently, Brent Oil is traded at around $70.

U.S. oil pipeline companies, producers seek relief from steel tariffs

Tue, 19 Jun 2018 - 08:18 GMT

Oil and gas producer Hess cited safety concerns in a request to use Japanese pipe for its Stampede offshore project in the U.S. Gulf of Mexico.

Agreement to connect Cyprus’ Aphrodite gas field with Egypt to be signed soon

Sun, 29 Apr 2018 - 02:40 GMT

Egypt will sign an agreement with Cyprus to connect Aphrodite gas field to Egypt during the coming few weeks, Petroleum Minister Tarek el-Molla said.

Russian oil output hits 11-month high in March

Mon, 02 Apr 2018 - 08:11 GMT

This was the first increase in Russian output since December and the highest level since output of 11 million bpd in April 2017.

Libya has lost around 90,000 bpd from pipeline blast: oil source

Tue, 26 Dec 2017 - 05:27 GMT

Libya has lost around 90,000 bpd of crude oil from a blast on a pipeline feeding Es Sider port, a Libyan oil source said.

Explosion hits pipeline feeding Libya's Es Sider terminal

Tue, 26 Dec 2017 - 02:47 GMT

Libyan oil firm Waha Oil stopped pumping crude to the Es Sider terminal after a feeder pipeline was blown up on Tuesday, a Libyan oil source said.

Iraq plans oil pipeline network to cover all its territory

Sat, 16 Dec 2017 - 03:41 GMT

Iraq plans to build a pipeline network to carry oil products across all its territory as an alternative to expensive Jabar al-Luaibi said on Saturday.

Explosion at major Austrian gas hub, one dead, 18 injured

Tue, 12 Dec 2017 - 11:03 GMT

An explosion rocked one of Europe's biggest gas pipeline hubs in Austria on Tuesday.

Oil prices jump on pipeline outage, stocks take breather

Tue, 12 Dec 2017 - 11:01 GMT

Oil prices jumped on Tuesday after the shutdown of a North Sea pipeline knocked out significant supply from an already tightening market.

Iraq and Kuwait near agreement on price for gas exports

Sun, 26 Nov 2017 - 12:40 GMT

Iraq and Kuwait have reached a preliminary agreement on a price for gas exports.

Iraq plans new pipeline exporting Kirkuk oil to Turkey:oil ministry

Sun, 26 Nov 2017 - 09:30 GMT

Iraq plans to build a new pipeline that will ship oil from Kirkuk's oilfields to the Ceyhan port in Turkey, the oil ministry said on Sunday.

Bahrain pipeline re-opens after 'vandalism': Aramco

Mon, 13 Nov 2017 - 03:26 GMT

Saudi oil giant Aramco on Monday said it had resumed operations at its Bahrain pipeline, days after it was shut down over a fire which Manama called a "terrorist" act.

Business news wrap-up

Sat, 14 Oct 2017 - 05:22 GMT

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

Natural gas supplied to New Administrative Capital

Sat, 14 Oct 2017 - 04:25 GMT

Natural gas has been supplied to the New Administrative Capital after the Cairo Gas company finished the construction of the pipeline.