During the opening of Gastech 2024, the Minister of Petroleum and Mineral Resources Karim Badawi has spotted the light on the role of Egypt as a gate between the East, the West and the North in trading natural gas and hydrogen considering the presence of the necessary infrastructure and natural resources of energy.
Minister of Petroleum and Mineral Resources Karim Badawi is expected to participate in GASTECH 2024 on September 17th.
Prime Minister Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi and the Minister of Electricity and Renewable Energy Mahmoud Esmat to review the status of fuel supplies needed for the operation of the electricity stations and increasing the renewable energy contribution to the energy mix.
On the occasion of the 64th anniversary of the founding of the Petroleum Exporting Countries (OPEC), Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, issued a statement wishing Haitham Al-Ghais, Secretary General of OPEC, prosperity and progress.
Petroleum Marine Services (PMS) Company has prepared an integrated five-year strategy seeking to increase investment in human capital, restructure the digital transformation using AI, improve productivity, reduce unnecessary costs, increase market share, and maximize revenues, PMS Chairman Amr Badawi pointed out.
Minister of Petroleum and Mineral Resources Karim Badawi has met with a delegation from Weatherford including Mohamed Balgacem, the Vice President of MENA Region, Mohamed El Tonsy, Area Director and Osama El Shenoufy, Weatherford East North Africa Sales Director tackling ways to boost cooperation, in addition to providing digital solutions and services for well drilling.
Ibrahim Massoud, the Chairman of Western Desert Petroleum Company (WEPCO), operating Al Hamra petroleum port and Badr Petroleum Company stated that about 81 million barrels were received through the storage facilities at Al Hamra Port, and about 27 million barrels were shipped through the marine facilities, in addition to supplying the refineries with about 54 million barrels through the onshore.
Canadian methanol producer Methanex has signed a $2.05 billion deal to acquire Dutch green fuel-maker OCI Global's methanol business.
Orlen (PKN.WA), signed a five-year agreement with Lithuanian oil and gas logistics firm KN Energies for exclusive use of a waterfront liquid natural gas (LNG) transshipment station in Klaipeda, according to Reuters.
Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with officials from the French energy giant TotalEnergies.
