Crude inventories at Venezuela’s export terminal, Jose, have surpassed their highest levels since August due to customers' fears over sanctions deadlines.

The Egyptian President Abdel Fattah Al Sisi, gave directives to the Ministry of Petroleum and Mineral Resources to intensify the cooperation with Eni company for more exploration and production activities (E&P) in Egypt.

The Egyptian International Gas Technology (Gastec) Gastec has delivered the first shipment of over 9 tons of lubricants to Agiba Petroleum Company’s production field in the Mleiha, Western Desert.

Royal Dutch Shell is looking to slash up to 40% off the cost of oil and gas production in order to invest heavily in the energy transition.

Eni   has announced a new natural gas discovery in Great Nooros Area which is located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.

Egypt will very soon achieve self-sufficiency in diesel and gasoline very soon, Osama Kamal, the Former Minister of Petroleum and Mineral Resources stated.

President Abdel Fattah Al-Sisi has called for boosting Egypt's cooperation with the Italian giant Eni to ease any obstacles that the company might face.

Eni has announced that exploration well, Ken Bau-2X, located in Block 114, Song Hong Basin, offshore Vietnam, is showing signs of a significant hydrocarbon accumulation on the Ken Bau discovery.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new discovery of North Hammad concession in Delta is going to initially producing natural gas at a rate of 32 million cubic feet per day (mmcf/d).

Eni announced the discovery of a single 152 meters thick gas column within the Messinian age sandstones of the Abu Madi formation in the Mediterranean Sea offshore Egypt.