- 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%
Sonatrach
Algeria's Sonatrach Partners with International Firms to Develop Integrated Green Hydrogen Project
Sonatrach has signed two memorandum of understanding (MoU) with some international companies to jointly conduct the necessary studies to assess the viability and profitability of an integrated project to produce green hydrogen in Algeria aimed to supply the European market.
Greece
Egyptian-Greek Energy Relations Enter New Phrase with Bilateral CCS, Green Hydrogen Talks
Egypt and Greece join forces to boost energy transition and decarbonization efforts.
energy
Baker Hughes Cooperates with Repsol to Develop Next Generation Digital Capabilities Through Leucipa™
Baker Hughes announced an agreement signed with Repsol to develop and deploy next-generation artificial intelligence capabilities through the Leucipa™ automated field production solution.
Nigeria
Nigeria's Belemaoil Resumes Operations at OML 55 Oil Block After Three Year Shutdown
Nigerian independent oil producer Belemaoil Producing Ltd. has resumed operations at its Oil Mining Lease 55 (OML 55) after a three-year shutdown. The resumption of operations was marked by the arrival of the first floating oil storage vessel at OML 55 on October 6, which the company described as "a major milestone in the company's efforts to restart production."
Khaled Mowafy
Zohr Field Hits 2 bcf/d in Gas Production, New Drilling by Eni to Boost Output
Khaled Mowafy, Chairman of PetroShorouk, stated that the average production at Zohr field recorded about 2 billion cubic feet of per day (bcf/d) of natural gas during the fiscal year (FY) 2023/24.
Egypt
Agiba Petroleum Company Investments Reach $417 M in FY 2023/24
Agiba Petroleum Company's total investments during FY 2023/24 amounted to almost half a billion dollars.
Egypt
EGPC Holds Workshop on Digital Transformation Framework Agreement
The Egyptian General Petroleum Corporation (EGPC) held a workshop to explain the framework agreement for database licenses signed between EGPC and Oracle Corporation, as part of supporting digital transformation projects in cooperation with the most important global technology partners.
Agreement
Egypt and Greece Strengthen Energy Ties with New Natural Gas Partnership
Egypt and Greece are about to embark on a new journey of closer energy cooperation.
