Prudential sheds Brazil, Mexico units to CNP for $4 billion as it narrows its focus
Poland stocks lower at close of trade; WIG30 down 0.20%
European stocks extend slide as French protests dent risk appetite
Iran-U.S. Negotiations Ongoing Amid Misleading Reports
Trump Administration Considered Military Strikes on Iran
WestJet Bonds Slide to Record Low as Fuel, Trade Tensions Rise
Treasuries Rise as Oil Retreats From Highest Levels in Weeks
GM Plans $20 Billion in Buybacks, but Warns of Bumpy 2027
Salesforce deepens AI bets with $5.66 billion Braze deal
Turkey stocks higher at close of trade; BIST 100 up 3.22%
Citadel's Esposito on Bank Partnerships, Fixed Income Growth
Citadel Looking to Grow in Fixed Income, Esposito Says
Netanyahu Discusses Iranian Regime with Trump
Why is Loblaw stock climbing today?
China criticizes US ban on DeepSeek AI from federal systems
Trump Tariffs on Canada Spark Latest Lawsuit Over Trade Powers
Sherritt dice que obtuvo licencia de EE.UU. para rescatar mina en Cuba
TransUnion Launches New Tools to Combat Synthetic Identity Fraud
ScribeUp Secures $13 Million in Series A Funding for AI Bill Management Solution
U.S. Treasury Secretary Claims Energy Shock May Be Easing
Anthropic Negotiates Second Multibillion-Dollar Deal with Neocloud Nscale
Uber y WhatsApp conectan el mercado negro de GLP-1 de Brasil
Oil falls more than 2% after unconfirmed report of ’middle ground’ U.S.-Iran deal
Brent slips in choppy session as investors weigh attacks on ships, Saudi energy
Starboard’s Smith unveils stake in Solstice, presses for improvements
Starboard takes stake in Solstice Advanced Materials, says trading cheap
Stocks Rise as US-Iran Hopes Trigger Oil Decline: Markets Wrap
Tradeweb to Acquire Trumid for $1.97 Billion
CoreWeave Bonds Experience Significant Decline Amid Rising Credit Pressure
Former Richmond Fed chief to oppose discount window reform
European Gas Prices Slump After Climbing to Four-Year Highs
AI Fears Roar Back, Tech Earnings on Deck
Sullivan & Cromwell to double London office space as US firms shake up UK legal market
Cross River Bank to Acquire Loyalty Platform Accrue
GBP/USD Surges Above 100-Day Moving Average Amid US-Iran Tensions
Wall Street gains as healthcare stocks rally, oil prices fall
Norway stocks lower at close of trade; Oslo OBX down 0.59%
Colombian Congress approves budget allocations, cuts funding to peace deal
Iraq’s crude exports ‘back to pre-war levels’, says minister
Hungary Holds Key Rate With Budget and Euro Path In Focus
Google Cloud outage causes disruption across UK banks
City & County Credit Union Partners with Mahalo Banking for Digital Transformation
Argentina's Country Risk Exceeds 700 Basis Points, Reaches Highest Level Since October 2025
US Energy Under Secretary Addresses Rising Diesel Prices
GM shares sink as automaker signals rising cost pressures
CRWV technical floors: key support levels to watch
Swiss air traffic control operates at half capacity after technical fault
Dollar dips on AI worries, euro edges up despite French unrest
S&P 500 Rises as Chipmakers Rebound and Oil Falls: Markets Wrap
Elice Plunges in Trading Debut; General Motors Falls on Forecast | Stock Movers
US pending home sales fall to record low as mortgage rates surge
SEC and AMF Announce Supervisory MOU To Enhance Cooperation for Investment Advisers and Investment Service Providers
Ramp Seeks US National Bank Trust Charter
Webull to debut crypto-linked perpetual futures in November
Freeport-McMoRan options signal 4% move on earnings next week
GE’s CEO Says ‘More Work to Do’ on Boeing 787 Engine Deliveries
US single-family housing starts plunge; building permits hit 3-1/2-year low
A ‘Doom Loop’ Threatens France as Populism Confronts Markets
S&P 500 Rebounds as Big Bank Stocks Climb, SpaceX Results Loom
Stocks Rise as Earnings Wagers Outweigh AI Worry: Markets Wrap
NatWest tells 30,000 staff to spend more time in office
Iran Agrees to Secret Nuclear Site Visits in Potential Compromise with U.S.
Amazon to Hire Over 300,000 Seasonal Workers Amid U.S. Retail Slowdown
Red Hat and Kyndryl Discuss AI Innovation in Banking at Sibos 2026
Bitcoin Price Faces Downward Pressure as Sellers Regain Control
Bob Chapek is Getting $100,000 a Month as Activist’s Nominee for Vail Board
Phoenix Tailings to build $375-million rare earths facility in New York state
United Parcel Service stock may move 6.1% on earnings
Why is Guidewire Software stock rallying today?
Eni project boosts Egypt’s local gas production
Italian energy company Eni has begun startup activities at its Meleiha phase 2 project in Egypt’s Western Desert, increasing the country’s gas-processing capacity.
The project, operated by a joint venture between Eni and Egyptian General Petroleum Corporation (EGPC), will develop a new gas hub within the merged Meleiha concession, the company said in a statement.
In June 2021, Eni signed an agreement with EGPC and Russian energy company Lukoil to merge the Meleiha and Meleiha Deep concessions in the Western Desert.
The startup of phase two will support growth in domestic gas output, as the new facility can process up to 100 million standard cubic feet of gas per day, the statement said.
Meleiha phase 2 includes development wells and a new dedicated gas export pipeline. These facilities will connect new production to Egypt’s existing gas infrastructure, enabling rapid monetisation of resources and improved operational efficiency.
Eni produced 242,000 barrels of oil equivalent per day on an equity basis in 2025.
Cairo launched a seismic survey in December 2025 to explore for oil and gas across sites covering nearly 10 percent of the country’s area.
Egypt plans to have drilled 101 oil and gas wells by the end of this year. This is part of a $5.7 billion investment the government approved in 2025 to drill 480 wells over the next five years.
Further reading:
Source: AGBI