- 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%
Egyptian Minister of Petroleum and Mineral Resources
Egypt, bp Review E&P Activities in Egypt, Focusing on Natural Gas
Minister of Petroleum and Mineral Resources Karim Badawi met with bp's Executive Vice President of Gas & Low Carbon Energy William Lin to review the company’s latest activities in Egypt including the exploration and production for natural gas.
Investment Opportunities
SLB Explores Available Investments Opportunities to Develop Brownfields
Minister of Petroleum and Mineral Resources Karim Badawi conducted a meeting with the CEO of SLB Olivier Le Peuch during which they reviewed the available investment opportunities through Egypt Upstream Gateway (EUG) to develop brownfields.
oil and gas
Badawi Reviews Eni's Projects in Egypt
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Eni's Global Natural Resources Chief Operating Officer Guido Brusco during which they exchanged views on accelerating the development and production of gas and crude oil fields to secure domestic demands.
AI
Egypt’s Petroleum Minister Participates in Ministerial Roundtable “Energy Transition, AI and the Role of Emerging Economies” at ADIPEC
Minister of Petroleum and Mineral Resources Karim Badawi took part in a ministerial roundtable titled “Energy Transition, Artificial Intelligence (AI) and the Role of Emerging Economies” during the ADIPEC 2024.
Egyptian Natural Gas Holding Company (EGAS)
Badawi, Chevron Explore Accelerating Oil, Gas Production
Minister of Petroleum and Mineral Resources Karim Badawi held a bilateral meeting with Clay Neff, President of Chevron International Exploration and Production as they discussed the work progress of the company's concession areas and its plans to increase production, leveraging the incentives recently announced by the Ministry.
Natural Gas
Egypt, Cyprus Exchange Views on Joint Projects During ADIPEC 2024
Minister of Petroleum and Mineral Resources Karim Badawi has met with the Cypriot Minister of Energy Giorgos Papanastasiou in which they discussed the means of cooperation and integration between the two countries in light of the growing natural gas discoveries in Cyprus and the provision of gas infrastructures in Egypt.
quarter results
Aramco Reports $27.6B Net Income for Q3, Beating Estimates
Aramco announced on Tuesday a net income of $27.6 billion for the three months ending September 30, exceeding the company-provided median estimate of $26.9 billion. It also surpassed Citi's forecast of $26.3 billion in a research note issued in October.
Total Energies
Egypt to Launch Investment Policy Paper at ADIPEC 2024
Minister of Petroleum and Mineral Resources Karim Badawi announced plans to launch a policy paper at ADIPEC 2024 to stimulate investment in Egypt's oil and gas sector. The initiative aims to promote investment opportunities across the oil, gas, refining, and petrochemical sectors.
