• Crude Oil (WTI) 72.07 USD/bbl +1.27%
  • Crude Oil (Brent) 76.00 USD/bbl +1.40%
  • NYMEX Natural Gas 2.32 USD/MMBtu +6.14%
  • OPEC Basket Price 76.06 USD/bbl -0.41%

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.

ENOC, Neste Sign MOU to Explore SAF  

ENOC has announced the signing of a memorandum of understanding (MOU) with Finland's Neste, the world's leading producer of sustainable aviation fuel (SAF), to explore the possibilities of supplying and purchasing SAF in the Middle East and North Africa (MENA) region in the coming years.


TransGlobe Expresses Interest in Expanding Egyptian Operations

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the CEO of TransGlobe Energy Corporation George Maxwell and Country Manger and Director of TransGlobe Energy Egypt, Craig Robertson to discuss the developments of the company’s drilling programs and production at its concessions areas in the Eastern Desert.

Emissions Reduction

Egypt, Slovakia Explore Investment Opportunities, Bilateral Energy Cooperation

Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with Lenka Miháliková, Ambassador of the Slovak Republic in Cairo, to discuss investment opportunities and bilateral cooperation in oil, gas, and emissions reduction.

Shell Authorizes Manatee Gas Field Development Project

Shell has given the go-ahead to contractor McDermott International Ltd to begin engineering work on the Manatee gas field development project located off the east coast of Trinidad and Tobago.

Eni, Open EP Sign Gas Agreement to Switzerland, Italy

Eni and Open Energy Platform AG (Open EP) signed an agreement to ensure the flow of gas to Switzerland and Italy.

Elliott Urges for Board Revamp at Phillips 66

Elliott Investment Management, a prominent US activist investment firm, has recently acquired a $1 billion stake in Phillips 66, a leading US oil refiner and pipeline operator.


Egypt, Petronas Partner to Enhance Natural Gas Utilization, Reduce Emissions

Minister of Petroleum and Mineral Resources Tarek El Molla and the VP of LNG Assets at Petronas Abang Yusuf Abang Puteh have examined the company’s activities in cooperation with Shell to develop the 10th phase of West Delta Deep fields in the Mediterranean and its production.



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