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A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas concession blocks ...
Add Egypt to the countries Trump Is pressing for a foreign-policy payday.
Chevron Corporation CVX, along with several other multinational energy firms, has exited its oil concession blocks in Egypt’s Red Sea region after failing to discover commercial oil or gas ...
Egypt's Ministry of Petroleum and Mineral Resources announced the signing of contracts for the Egyptian-Chinese joint venture ...
The Associated Press - Business News on MSN13d
Egypt’s revenue from the Suez Canal plunged sharply in 2024The International Monetary Fund reported in March 2024 that the Suez Canal trade dropped by 50% in the first two months of that year, compared to the previous year, citing attacks on vessels in the ...
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Sourcing Journal on MSNTrump Says US Ships Should Travel Panama, Suez Canals for FreeEgypt will not accept this cheap blackmail,” said a member of Egypt’s parliament in response to Trump's social media post.
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