- 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%
Egypt
Petroleum Minister Outlines Sector’s Priorities at Nation's Future Party Symposium
Minister of Petroleum and Mineral Resources, Karim Badawi, emphasized that the top priority of the petroleum sector's current work plan is to ensure the continued supply of petroleum products and gas to meet the daily needs of citizens.
IPR
Minister of Petroleum Meets with IPR Delegation to Discuss Expansion Plans and Sustainability Initiatives
Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from IPR, headed by Mahmoud Dabbous, Chairman of the company, to discuss the company's operations status and activities in its concession areas in the Western Desert and the Gulf of Suez.
Egypt
Madbouly Pushes for Faster Adoption of CNG Across Transportation Sector
Prime Minister Mostafa Madbouly met with Minister of Petroleum and Mineral Resources Karim Badawi and Minister of Finance Ahmed Kouchouk to follow up on nationwide efforts to convert cars to operate on compressed natural gas (CNG).
The Minister of Petroleum and Mineral Resources Karim Badawi
Egypt's Petroleum Minister Announces Key Gains in Oil and Gas Production
Minister of Petroleum and Mineral Resources Karim Badawi stated that the strategy of the Ministry of Petroleum and Mineral Resources (MoPMR) of accelerating the pace of production and dealing with the challenges achieved positive results, pointing out that the initial indicators revealed that oil and gas production increased by 200 million cubic feet per day (mmcf/d) of natural gas and 39,000 barrels of oil (bbl/d) of oil during the period between July to October 2024.
Egypt
Badawi Reviews Progress of National CNG Conversion Initiative
Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting to review the progress of the national CNG conversion initiative. The meeting discussed the latest CNG conversion numbers and outlined future plans.
meeting
Egypt and IFC Explore New Avenues for Cooperation in Energy and Mining
The Minister of Petroleum and Mineral Resources Karim Badawi has received a delegation from the International Finance Corporation (IFC), headed by Valerie Levkov, Global Industry Director for Energy, Metals & Mining, and Sustainable Infrastructure where they discussed possible cooperation in the oil, gas and mining sectors.
petrochemical complex
Sinopec, Aramco Start Building Petrochemical Complex in China
Sinopec has announced the start of constructing a refinery and a petrochemical complex in cooperation with Aramco in Southeast China’s Fujian province.
Honor
National Petroleum Day: Minister Outlines Sector's Achievements and Strategic Vision
On the occasion of National Petroleum Day, Minister of Petroleum and Mineral Resources Karim Badawi gave a speech during which he praised the latest developments in the sector and outlined its working strategy for the coming period.
