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Petroleum Minister Highlights Necessity of Holding 12th Arab Energy Conference Amid Current Challenges

Minister of Petroleum and Mineral Resources Tarek El Molla has emphasized the importance of holding the 12th Arab Energy Conference in Qatar amid global challenges that have had an impact on the energy industry.

US to Replenish SPR with 3 mmbbl of Crude Oil

The US Department of Energy has announced its plan to purchase up to 3 million barrels (mmbbl)of crude oil for the Strategic Petroleum Reserve (SPR) for delivery in March 2024.

Dangote Oil Refinery Receives First Cargo of Crude Oil in Nigeria

The Dangote oil refinery in Nigeria received its first cargo of 1 million barrels (mmbbl) of crude oil from Shell International Trading and Shipping Co. (STASCO), after years of delay.

Egypt, Norway Work to Strengthen Green Energy Collaboration at COP28

Minister of Petroleum and Mineral Resources Tarek El Molla has started his participation in COP28 in Dubai, with several working sessions and agreements with Norway to boost joint green energy projects.

ENAP Sipetrol Egypt Delivers Health, Education, and Economic Empowerment to Qara Um El Saghir Village

ENAP Sipetrol Egypt has recently conducted medical convoy in collaboration with Misr El-Kheir Foundation (MEK) at Qara Um El Saghir village located at Matrouh governorate in the Western Desert where ENAP Sipetrol has its operated concession.

Canadian Oil Sands Producers to Make FID on CCS Project

Canadian oil sands producers have stated that they will make a final investment decision (FID) on carbon capture and storage project in Mid-2025, said the president of the Pathways Alliance on Monday.

India to Increase LNG Import Capacity

Indian Oil Corp. (IOC), the country's top refiner, plans to double the capacity of its liquefied natural gas (LNG) import terminal at Ennore in southern India.

Oman LNG Signs Nine-Year Deal with bp

Oman's liquefied natural gas (LNG) company Oman LNG has announced a major deal with bp, selling approximately 1 million tons per year (mtpa) of LNG for nine years starting in 2026.

ADNOC, Santos to Develop Global CCS Platform 

ADNOC and Australian oil and gas firm Santos Limited have announced a strategic collaboration agreement (SCA) that paves the way for the potential development of a joint global carbon management platform. This platform aims to support the decarbonization efforts of customers across the Asia-Pacific region.

Petronas, Copetrole Sign Cooperation Protocol

According to the protocol, the two parties will work to increase cooperation in work of common interest and exchange experiences, especially with the aim of research and development, providing consultations on new investments, and unifying the efforts made in the various sectors of the two companies’ activities.

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