- 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
Petrojet Marks 50th Anniversary with Record EGP 80B in 2024 Projects
The Petroleum Projects & Technical Consultations Company’s (PETROJET) Chairman Waleed Lotfy reviewed the most important activities and business results during 2024 for the company, which this year marks the 50th anniversary of its establishment in 1975, explaining that the company's work comes as a translation of the pillars of its strategic plan 2022/26.
EUG
Egypt Encourages Investors to Unlock the Mediterranean's Energy Potential Through EUG
Egypt is actively seeking investors to tap into the significant potential of its undeveloped hydrocarbon discoveries in the Mediterranean Sea. Through the Egypt Upstream Gateway (EUG), the government has highlighted a cluster of promising assets, identified as Cluster 1 (Rahamat-Aten-Meret), presenting a compelling opportunity for those seeking high-impact investments in the energy sector.
Shell
Shell Develops Strategies Seeking More Value with Less Emissions
Shell announced new strategies to deliver more value with less emissions.
Egyptian Fajr for Natural Gas Co.
Badawi Reviews Business Performance of Egyptian Fajr Natural Gas Company for 2024
Minister of Petroleum and Mineral Resources Karim Badawi presided over the general assembly meeting of the Egyptian Fajr Natural Gas Company to review its fiscal year results for 2024.
Blue Hydrogen Industrial Gases Company (BHIG).
Aramco Successfully Acquires 50% of APQ’s Interests in BHIG
Aramco and Air Products Qudra (APQ) announced that Aramco completed the acquisition of a 50% equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG).
ExxonMobil Egypt
ExxonMobil Egypt Celebrates Unprecedented Growth in Lubricants, Fuel Market
ExxonMobil Egypt has recently celebrated milestones achieved in 2024 during its annual lubricants and fuel conference, underscoring its commitment to sustainable growth and high-quality products.
General Assembly
GASCO Showcases Remarkable Achievements During 2024
The Chairman of the Egyptian Natural Gas Company (GASCO) Yasser Salah El Din stated that the company is working on several strategic pillars of the Ministry of Petroleum and Mineral Resources (MoPMR), especially in meeting the gas needs of the local market and the country's economic sectors.
budget
Khalda Petroleum Investments to Reach $1B in 2024/25
Khalda Petroleum Company Chairman Saeed Abdel Moneim reviewed the most important performance indicators and targets for the next fiscal year (FY), indicating that it is planned to invest approximately $1 billion during FY 2024/25.
