The Egyptian Minister of Petroleum, Tarek El Molla, issued a new appointment assigning Waseem Abdel Salam Wahdan the role of head of Petroleum Trading Services Company (Petrotrade), Amwal Al Ghad reported.
Wahdan was appointment in replacement of Gamal Khaleef, who reached the legal retiring age.
Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, stated that the Ministry’s strategy is being implemented to increase oil and gas discoveries especially in the Western Mediterranean, according to the Kelma Akhira program presented by Lamees El Hadidi.
Naftogaz Group ramped up oil production from its assets in the Western Desert of Egypt by more than 20% or 600 barrels per day (bbl/d), a press release reported.
Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of a memorandum of understanding (MoU) between Petrojet and the Spanish company Tecnicas Reunidas (TR) to cooperate in designing, supplying, and manufacturing heat transfer equipment used in components of petroleum projects, according to press release.
Minister of Petroleum and Mineral Resources, Tarek El Molla met with the Canadian Ambassador to Cairo, Louis Dumas to enhance mining sector and review the latest development of the Canadian companies in the field of oil, gas, mining, and petrochemicals in Egypt, according to press release.
Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 60.90 | -0.73% |
| Crude Oil (Brent) Brent | USD/bbl | 64.85 | -0.72% |
| NYMEX Natural Gas | USD/MMBtu | 2.67 | -0.71% |
| OPEC Basket Price | USD/bbl | 65.36 | +0.40% |
Last Modified April 22, 2021
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