- 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%
Shell's biofuels facility in Netherlands
Shell to Temporarily Pause On-Site Construction of its Biofuels Facility in Netherlands
Shell has said that it will temporarily pause on-site construction work at its 820,000 tons per year (tpa) biofuels facility located at the Shell and Chemicals Park Rotterdam in the Netherlands to address project delivery and ensure future competitiveness due to weak market conditions.
Gasco
SIDPEC Consortium to Establish Company to Import Liquefied Ethane Gas
Sidi Kerir Petrochemicals Company (SIDPEC) is contracting with a consortium that consists of several parties to import liquefied ethane gas (US shale gas).
Green Ammonia
Egypt, Norway Sign Green Ammonia Project Agreement
On the sidelines of the Egypt-EU Joint Investment Conference held in Cairo during the 29th and 30th of June, Prime Minister Mostafa Madbouly has witnessed the signing of a project agreement for the production of green ammonia in the city of Damietta.
Egypt
TAQA Arabia, Voltalia Sign Renewable Energy-Green Hydrogen Framework Agreement
TAQA Arabia and its partner Voltalia have signed a framework agreement during the Egypt-EU Investment Conference 2024, which was held on June 29 and 30 in Cairo.
Offshore oilfield
CNOOC Starts Production of Enping 21-4 Oilfield Development Project
CNOOC has commenced production at Enping 21-4 Oilfield Development Project located in eastern South China Sea, with expected peak production of approximately 5,300 barrels of oil equivalent per day in 2025.
TotalEnergires
TotalEnergies Sells its Interests in West of Shetland Gas Fields to UK Prax
TotalEnergies has signed an agreement to sell its entire interest in West of Shetland assets in the UK to The Prax Group. The assets include Laggan, Tormore, Glenlivet, Edradour and Glendronach fields, the onshore Shetland Gas Plant and nearby exploration licenses.
Egypt
APEX Announces Operations Update for H1 2024
Apex International Energy (Apex or the “Company”) has revealed an update on operations and commercial developments from its eight concessions (six operated) in the Western Desert oil producing region of Egypt for the first half of 2024.
Aramco
Aramco Awards Over $25B Contracts for Strategic Gas Expansion Projects
Aramco has awarded contracts worth more than $25 billion to progress its strategic gas expansion in the phase two development of the vast Jafurah unconventional gas field, phase three expansion of Aramco’s Master Gas System in addition to new gas rigs and ongoing capacity maintenance.
