Egypt announced the start of a bid round for oil and gas exploration in 24 blocks, according to Reuters.
The bid round will include nine blocks in the Mediterranean Sea, 12 in the Western Desert, and three in the Gulf of Suez, and will end on August, 1.
It should be mentioned that, the tenders were being offered by the Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas (EGAS).
PETRONAS company announced that it has successfully launched the Malaysia Bid Round (MBR) 2021 under the theme “Grow Your Energy Portfolio With Us” through a virtual event to open more investment opportunities for investors to explore and exploit hudrocarbon resource potentials in Malaysia.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
The Minister of Petroleum and Mineral Resources, Tareq El Molla, participated in the 5th International Energy forum of the European Union (IEF-EU) Energy and Climate Day via video conference to achieve a safe and sustainable future for the clean energy.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed before the Cabinet, headed by Prime Minister Mostafa Madbouly the results of his recent visit to Ramallah and Tel Aviv, in addition to signing of protocol to develop the Gaza gas field.
Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
| Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
| NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
| OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021
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