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Egypt could liberalize gas prices for factories + Lebanon gas shipments to start later this year
Factories could see the prices they pay for natural gas change every 3-4 months if the government follows through on…
Big Oil stuck between dividend payouts and capex spending + Employees aren’t tempted by higher wages
Big Oil isn’t too big on capex spending — even amid the spiraling energy crisis: Oil majors Exxon Mobil, Royal…
Supply Ministry downplays potential for bread subsidy cuts as global wheat prices rise
Bread prices may rise, but it will “take time”: The government is playing down the likelihood of an imminent increase…
Factories face higher utility bills as gov’t hikes gas prices
The government has hiked gas prices for factories by up to 28%, according to a decision published in the Official…
GASC buys 360k tonnes of wheat + Suez canal revenues up 12.6% so far this year
The General Authority for Supply Commodities (GASC) purchased 360k tonnes of wheat from Russia, Romania and Ukraine for shipment between…
Suez Canal Authority to reduce discount for LNG carriers
LNG carriers crossing the Suez Canal will only be getting a 15% cut to transit fees starting 1 November, down…
Natgas vehicles are getting a little bit pricier
Some dual-fuel vehicles delivered through the government’s natgas transition scheme will be EGP 3-5k more expensive after the Finance Ministry…
Darth Perez strikes back + COP26 is already on shaky ground
Darth Perez strikes back: The Super League is going after Fifa and Uefa for their “monopoly” on football. Real Madrid,…
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