- 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%
Prime Minister
PM, Petroleum Minister Meeting Focuses on Fuel Reserves for Electricity
Prime Minister Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Finance Ahmed Kouchouk to review the progress of preparing strategic fuel reserves needed for operating power stations.
Managing Director
APEX Appoints Tom Everitt VP, Managing Director of PetroFarah JV
Apex International Energy has announced that Tom Everitt has joined the company as the Vice President, Engineering, and General Manager and Managing Director of the company's PetroFarah joint venture (JV) with the Egyptian General Petroleum Corporation (EGPC).
Egypt
Badawi Delivers Ministry Statement before Parliament Committee
In the statement, Badawi explained that there are currently 145 commitment agreements in force in the field of research and exploration for oil and gas, which have been concluded with 40 partners.
meeting
Prime Minister Stresses the Necessity of Increasing Production, Paying Partners’ Dues
The Prime Minster Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi stressing the necessity of fast increasing the petroleum’s sector production in cooperation with the foreign partners and focusing on paying those partners’ duties.
RoboWell AI Solution
ADNOC Deploys AIQ’s RoboWell AI Solution in Offshore NASR Field
ADNOC has deployed RoboWell, AIQ’s pioneering artificial intelligence (AI) autonomous well-control solution, in its operations at the offshore NASR field. This world-first offshore technology uses cloud-based AI algorithms to autonomously operate wells that self-adjust according to changing conditions.
Petrobel
Badawi Reviews Petrobel’s Milestones, Zohr Field Progress in Port Said
Minister of Petroleum and Mineral Resources Karim Badawi has highlighted that safety is very important and working to constantly improve it is a priority.
The Minister of Petroleum and Mineral Resources Karim Badawi
Badawi Praises EGAS Efforts, Emphasizes Need to Resolve Debts and Attract Foreign Investments
Minister of Petroleum and Mineral Resources Karim Badawi has met with the Chairman of the Egyptian Natural Gas Holding Company (EGAS) Yassin Mohamed, and his representatives.
Egypt
Badawi Inspects SUMED Port in Ain Sokhna
Minister of Petroleum and Mineral Resources Karim Badawi has inspected the facilities of the Arab Petroleum Pipelines Company (SUMED) in the port of Ain Sokhna, the main control unit in the port, the marine piers, the imported natural gas facilities points, the gasification ship, and the diesel reception.
