- 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%
GPC
PMS CEO Highlights Commitment to Quality and Safety During Field Visit to Ras Ghareb
The CEO of Petroleum Marine Services (PMS) Amr Badawy conducted a field visit to the Company’s onshore operation site in Ras Ghareb to review its development in addition to the workflow of the projects assigned to it in the Red Sea coming at the top; the projects of General Petroleum Company (GPC).
Egypt
Government Reaffirms Strong Support for Petroleum Sector’s Growth and International Partnerships
This came during the general assembly meeting of the Egyptian General Petroleum Corporation (EGPC) to approve the business results for fiscal year (FY) 2023/24. The meeting was attended by Kamel el Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport; Manal Awad, Minister of Local Development; Ahmed Kouchouk, Minister of Finance.
Egypt
Badawi Urges Fast-Tracking Natural Gas Delivery to Meet Citizen Needs
Minister of Petroleum and Mineral Resources, Karim Badawi, directed to quickly meet the needs and requirements of citizens in the field of natural gas delivery by expediting the examination of requests submitted by parliament representatives. The requirements should be met by the competent authorities within the petroleum sector, and working to overcome any challenges to quickly complete the work of delivering natural gas to households in the villages and targeted areas.
Petrojet
ENPPI, Petrojet Shine at NAPEC 2024 in Algeria
Representing the Egyptian petroleum companies, Enppi and Petrojet participated in the 12th edition of the North Africa Energy and Hydrogen Exhibition and conference held in Algeria.
Initiative
ASORC Hosts 'Your Safety Matters to Us' Initiative Under President El-Sisi's Human Development Vision
Within the initiative of President Abdel Fattah El-Sisi for human development ‘A New Beginning for Human Building', Assiut Oil Refining (ASORC) hosted the initiative 'Your Safety Matters to Us'.
mining sector
Badawi Conducts EMRA Inspection Visit, Explores Egypt's Mining Potential
Egypt's rich mineral wealth will soon be a global investment attraction.
Chevron
Chevron Donates $250,000 for Hurricane Milton Relief Efforts
Chevron has donated $250,000 to support relief and recovery efforts in Florida following the devastation caused by Hurricane Milton. This contribution is part of Chevron's efforts to assist in the aftermath of hurricanes, having previously donated a similar amount to aid the recovery from Hurricane Helene in the Southeast.
New Mexico
Chevron Plans to Ramp Up Production to 1 mboe/d in New Mexico by 2025
Chevron plans to ramp up production on the New Mexico side of the Permian Basin, one of the most prolific oil and gas regions in the US.
