Latest in Tag: Fuel Highlight
Latest in Tag: Fuel
Strikes in France’s TotalEnergies, ExxonMobil refineries fuel panics
According to the Ministry for Energy Transition, 20.7 percent of service stations were experiencing difficulties with at least one product on Saturday, compared to 19 percent on Friday.
Egypt raises domestic fuel pricesïżŒ
Egypt’s Ministry of Petroleum and Mineral Resources announced on Wednesday an increase in the prices of domestic fuel derivatives. “Egypt’s fuel pricing committee in a quarterly review raised domestic fuel prices by 0.50 Egyptian pounds (0.026 U.S. dollars) for 80-octane, 92-octane petrol and diesel, while 95-octane petrol was raised by 1 pound,” the ministry said …
Egypt launches digital system to manage fuel supply in cooperation with e-finance: El Molla
Payment of pensions and salaries through POS at petrol stations: Sarhan
European Commission chief condemns âRussiaâs blackmailâ on food, fuel
Technology can be part of solution to food insecurity to boost âclimate-smartâ agriculture
Uber raises fairs in Cairo and Alexandria after fuel price increase
In Alexandria, the prices of the Uber X service increased to EGP 8 up from EGP 7.25 as base fair and EGP 2.90 per km up from EGP 2.60. The minimum fair is set to EGP 11 up from EGP 10.
Fuel prices hike has no impact on food commodities: Chambers of Commerce
FEDCOC President Ibrahim Mahmoud Al Araby said that the decision to hike petroleum products prices will affect petrol prices only.
Brent crude sustained at $70/barrel and above, could require future fuel price reviews
Price surge led by rising demand from Asia, besides OPEC+âs decision not to raise production
$3.4bn project to meet fuel needs in Upper Egypt: Petroleum Minister
Minister of Petroleum and Mineral Resources, Tarek El Molla, has asserted that the high-octane petrol and diesel production complex in Assiut governorate, with a total investment of about $3.4bn, will meet fuel needs of Upper Egypt in the coming period.
Egypt keeps fuel prices on hold for 3 months
Fuel prices currently stand at EGP 6.25 per litre of octane 80 petrol, octane 92 petrol stands at EGP 7.5 per litre and at EGP 8.50 per litre of octane 95
Egypt lowers fuel prices by 3%
Fuel prices fall by 25 piastres due to ongoing coronavirus pandemic which has dented oil prices
EEHC pays EGP 27.3bn to EGAS for 6 monthsâ worth of fuel
EGAS dues exceeded EGP 165bn end of 2019
Economy Plus poll forecasts currency appreciation, lower interest rates, price cuts across consumer goods
Appreciation of currency, lower interest rates, price cuts across consumer goods, and stability of fuel costs
One person killed in Iranâs protests against fuel price hikes
Demonstrators in several cities erupted against the Iranian governmentâs decision to increase fuel prices by 50% and cut subsidies on Friday
Prometeon Tyre releases 01 Series to reduce fuel consumption up to 6%
Economic reform measures have attracted foreign capital
Government stabilises fuel prices as hedging contracts defy oil fluctuations
A government source told Daily News Egypt that the government has fixed the prices of petroleum products, in parallel with fixing the value of hedging against price fluctuations, which protects the state budget from bearing any additional burdens.
Decline of inflation means price stability, not decrease: experts
Some experts suggest citizens cannot yet feel decline due to other services not included by CAPMAS
How can Egyptians reap fruits of economic reform?
Egypt embarked on a bold economic reform programme that included the pound flotation, a reduction in fuel and electricity subsidies, imposing taxes including the value-added tax (VAT), all with the aim of trimming the budget deficit.
Israel strikes Gaza, cuts fuel deliveries to stripâs main power station
One of the airstrikes targeted the office of a Hamas commander, but no casualties reported, a Palestinian security source told AFP.
Iranâs anti-freedom policies fuel incitations non-hijabi women
Police forces reportedly encourages citizens to report on each other and send a text message to locate women who donât wear hijab
Eastern Company increases cigarette prices to cover fuel, electricity price hikes
Prices of the company’s products to increase by EGP 1 after the approval of new tax, says Fouad
Increased fuel prices raise sales of small cars
Egyptian market unqualified to receive electric cars, hybrids
GO Mini, Sawa, Smart card: alternatives to ease fuel price increase
Careem stated that the services of “Go Mini” and “Sawa” have been lunched in Cairo and other cities through a convenient transport experience, at competitive prices for users of Careem in Egypt, according to Masrawy.
Fuel subsidy cut to hike prices by 20-30%: economic experts
The price of a litre of octane petrol 92 increased to EGP 8, up from EGP 6.75. Moreover, the price of octane petrol 80 and diesel fuel both increased from EGP 5.50 to EGP 6.75.
Egypt still subsidises 15% of fuel in local market: official source
Fuel prices to be reviewed quarterly according to crude oil prices in hedging contracts
Egypt slash fuel subsidies raising petrol and diesel prices by 25%
New price for octane 80 petrol, diesel set at EGP 6.75, octane 92 petrol EGP 8, LPG cylinder to EGP 65
EGX expected to move sideways in anticipation of fuel price hike
Buying selected stocks amid possibility of correcting index towards 13,900
Government reviews oil hedge rates after sudden fall in oil prices
State budget bore $5 difference in price of barrel for JP Morgan, Citibank
Government aims to cut fuel subsidies to 1.7% of GDP in FY 2018/19
Expenditures to improve public services this FY amounted to EGP 182bn, says petroleum ministry
Upper Egypt pipelines receive 7.5m tonnes of fuel annually: PPC
Upper Egypt receives about 7.5m tonnes of crude oil, butane, and petroleum products through pipelines annually, the Chairperson of Petroleum Pipeline Company (PPC), Abdel- Moneim Hafez, said He pointed out that investments worth EGP 3.6bn were injected into Upper Egypt, including a project to increase the capacity of butane to Lower Egypt governorates from a …
Egypt aims to increase fuel prices by about 25% in June
Country imports around 35% of domestic consumption of petroleum, says industry source