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EgyptAir not for sale + small-scale solar projects get a break
AVIATION + PRIVATIZATION- EgyptAir isn’t up for sale: The government has no plans to sell the national flag carrier, the…
Gulf growth set to halve on weaker crude demand + IMF doesn’t want EMs to lose out in the green transition
Gulf oil exporters will see economic growth halve this year as revenues decline on the back of the global economic…
Merger with NewMed looks dead after Capricorn directors quit en masse
Capricorn’s board jumps before it’s pushed: The chair, CEO, and three other directors of Capricorn Energy’s board have resigned, caving…
THIS MORNING: A short slide into the long weekend
Good morning, wonderful people, and happy THURSDAY-equivalent. We hope our Egypt-based readers get some well-earned rest on the three-day weekend…
China’s comeback to see oil demand hit a record high in 2023 + European, EM equities gain popularity as Wall Street takes a kicking
China’s loosening of covid-19 restrictions is forecasted to boost oil demand to a record high this year of 101.7 mn…
The House greenlights a batch of development loans, grants + a bill allowing fresh oil exploration in North Sinai
The House of Representatives approved a set of development loans and grants yesterday in food security, infrastructure, education, and healthcare.…
EU sanctions to redraw global diesel markets + US still headed for recession despite slower inflation -WSJ poll
New European sanctions are about to hit Russian oil products — but expect major re-routing rather than major re-pricing on…
Chevron + Eni announce “significant” EastMed gas find
Chevron and Eni have made a “significant” gas discovery in the Eastern Mediterranean, the companies announced in separate statements yesterday…
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