Latest news
BP plans to make a $1.5 billion investment in Egypt in 2014
BP aims to make a $1.5 billion investment in 2014 to raise its natural gas production in Egypt, affected by an energy crisis after three years of political chaos, according to the state news agency MENA on Sunday.
read more... 12/05/2014
British Petroleum unveils a significant gas discovery in Egypt
British energy giant BP unveiled a significant gas discovery in the East Nile Delta, Egypt.
read more... 11/09/2013
Daily: European spot power prices boost as consumers return from holiday
Brent crude oil closed above $110 a barrel on Monday as conflict in Egypt stocked fears over oil supply security across the Middle East and North Africa.
read more... 20/08/2013
Daily: Crude oil close higher for sixth consecutive session on Egypt turmoil
Crude oil futures on both sides of the Atlantic closed higher for the sixth consecutive session on Friday, with Brent registering the largest weekly percentage in six weeks following worries about oil supply security in Egypt and Libya.
read more... 19/08/2013
Daily: UK gas prices increase on field outages
Crude oil prices on both sides of the Atlantic increased on Thursday on increasing violence in Egypt which could hit the Suez Canal or spread across the Middle East. Front-month September Brent, which expired on Thursday, settled 91 cents higher at $111.11 a barrel, after earlier increasing over a dollar to $111.53, its highest level since April 2. The more actively traded October contract rose 78 cents to $109.60. Meanwhile, U.S. oil rose 48 cents to settle at $107.33.
read more... 16/08/2013