- Crude Oil (WTI) 72.07 USD/bbl +1.27%
- Crude Oil (Brent) 76.00 USD/bbl +1.40%
- NYMEX Natural Gas 2.32 USD/MMBtu +6.14%
- OPEC Basket Price 76.06 USD/bbl -0.41%
EGAS
Petroleum Leaders Inspect Zohr Field's Subsea Cable in Norway
The Vice Executive Managing Director For Production and Fields Development of the Egyptian Natural Gas Holding Company (EGAS), Abdel Nasser Khafagy, Chairman of Belayim Petroleum Company (Petrobel), Khaled Mowafy, and representatives of Baker Hughes, have conducted an inspection visit to the Nexans global plant in Halden, Norway, to follow up on the manufacturing of the giant subsea power cable for the southern area of the Zohr Field–a pivotal step in maintaining the sustainability of well operations and production rates from the field.
Managing Director Egypt at Capricorn Energy
She Is Energy: EOG Honoring Influential Women in the Sector
Egypt Oil and Gas Group (EOG) launched the fourth edition of She Is Energy event on April 14 at the Triumph Luxury Hotel in Cairo, hosting key industry leaders to reflect on the remarkable role of women who are shaping the future of energy and celebrating their accomplishments, while spotlighting work done for them through the Women in Energy Network, which is part of the EOG Committee.
Iman Hill Manager & Director
She Is Energy’s Fourth Edition: Showcasing Women’s Impact in the Energy Sector
Egypt Oil and Gas (EOG) Group has launched the fourth edition of “She Is Energy” Event on April 15, 2025 at Triumph Luxury Hotel. The Workshop was technically prepared by Egypt’s Women in Energy Network which is a part of the EOG Committee.
Ruwais project
ADNOC, Mitsui Ink SPA for Supplying Lower-carbon LNG
ADNOC announced that it signed of a 15-year Sales and Purchase Agreement with Mitsui & Co., Ltd., for supplying up to 0.6 million tons per annum of LNG (mtpa) of lower-carbon LNG from its Ruwais LNG project.
OPEC
IEA Cut Oil Demand Expectations for 2025
The International Energy Agency (IEA) announced that the global oil demand growth forecast for 2025 has been revised down to 730,000 bbl/d, decreasing by 300,000 bbl/d from the March report.
Sonatrach
SONATRACH, Oxy Enter Agreements to Expand Hydrocarbon Cooperation
On the sidelines of the US-Algeria Energy Forum 2025, SONATRACH and its partner Occidental Petroleum Corporation (Oxy) signed two Memoranda of Understanding (MoUs) to consolidate and expand their cooperation through new partnership opportunities in hydrocarbon exploration and production in Algeria.
US Gulf of America.
bp Unveils New Oil Discovery at Gulf of America.
bp announced an oil discovery at the Far South prospect in the deepwater US Gulf of America.
SOCAR
Egypt, Azerbaijan Talk Oil, Gas Partnerships
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Elkhan Polukhov Ambassador of the Republic of Azerbaijan to Cairo, and his accompanying delegation. The meeting discussed opportunities for establishing a strategic partnership between Egypt and Azerbaijan in the field of oil and gas.
