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Foreign oil firms voice concerns over plan to register crude suppliers
Kouchouk vowed to resolve the issue before the end of the month
Gov’t eyes fresh foreign investments into the energy sector
PLUS- Post for Investment and homegrown fintech startup Cayesh establish a new factoring company
FinMin looks to register crude suppliers ahead of taxing them
Crude oil is now subject to a 10% tax under latest VAT amendments
Oil output drops to four-decade low in 2Q 2025
Production dropped to 513k bbl/d during the quarter
Oil output drops to four-decade low in 2Q
Good afternoon, friends, and happy Sunday. International headlines continue to be dominated by the aftermath of the Alaska Summit, while…
Gov’t wants to boost gas production to 6.6 bn cf/d by 2027
Good morning, ladies and gentlemen. We close out the week with another busy issue led by Capital Economics’ take on…
Oil Ministry readies Red Sea exploration tender following exits. PLUS: EFG Foundation, Sodic, Modern Sport FC
The ministry will also offer bidding companies incentives to encourage the exploration and drilling of unexplored areas
Israel to more than double Leviathan gas exports to Egypt under USD 35 bn agreement
The signing marks Israel’s largest ever export agreement
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