The Egyptian Cabinet approved two projects to amend two valid petroleum commitment agreements between the Egyptian General Petroleum Corporation (EGPC) and a number of international and national companies.
Siemens Energy has reported a strong first quarter of the fiscal year, driven by favorable energy market trends.
Shell hasĀ reported a strong performance in the fourth quarter of 2023, with adjusted earnings of $7.3 billion and 28.3 billion dollars for the full year, reflecting robust operational performance and strong LNG trading and optimization results.
Aramco hasĀ announced its intention to maintain maximum sustainable capacity (MSC) at 12 million barrels per day (mmbbl/d).
Baker Hughes hasĀ reported a net income of $1.943 billion, up $2.544 billion year-over-year, according to its press release about its Q4 2023 results.
The European Unionās (EU) Commissioner OlivĆ©r VĆ”rhelyi's has stated that the trilateral memorandum of understanding (MoU) between Egypt, the EU, and Israel has succeeded in securing significant amounts of liquified natural gas (LNG) to Europe.
Idemitsu, the second largest petroleum refiner in Japan, hasĀ said that it plans to turn Yamaguchi refinery into a hub of carbon-free energy such as solar power and hydrogen by the 2030s.
SLB has announcedĀ its full-year results for 2023 revealing a significant increase in revenue, reaching $33.1 billion, representing an 18% year-on-year growth
Under the wise leadership of His Excellency Minister of Petroleum and Mineral Resources Tarek El Molla, Egyptās oil and gas sector has evolved into a superior economic force that carries significant weight in the East Mediterranean market. We will talk to the mastermind behind Egyptās energy renaissance as the nation sprints towards its goal of becoming a regional energy trading hub, uncovering the sectorās key accomplishments of 2023.
The UN Climate Summit (COP27) has paved the way for the hydrocarbon industries to be part of the climate action talks in COP 28. The COP 27 Decarbonization Day was focused on implementing the Global Methane Pledge, a voluntary agreement to reduce global methane emissions by at least 30% from 2020 levels by 2030.
