Coronavirus (Covid-19) | Egypt Oil & Gas - Part 2
WTI Crude Prices Fall by 300%, Plunges Below $0
US oil trading collapsed on April 20 as the price of May’s future contract for West Texas Intermediate (WTI) – that is due to expire on April 21 – fell by over 300%, recording an unprecedented $-37.6...
Al-Sisi Urges Petroleum Products Reserves’ Preservation
President Abdel Fattah Al-Sisi has instructed to preserve the state’s strategic reserves of petroleum products, according to a statement by the spokesman of the Egyptian Presidency. This came during a meeting w...
Egypt Participates in OPEC+ Meeting
The Minister of Petroleum and Mineral Resources, Tarek El Molla, participated in the Organization of the Petroleum Exporting Countries and its allies (OPEC+) meeting on reducing oil supplies in the global oil market t...
Petroleum, Tourism, Aviation Ministries Discuss Cooperation
The Minister of Petroleum and Mineral Resources, Tarek El Molla; met with the Minister of Tourism and Antiquities, Khaled Al-Anani; and the Minister of Civil Aviation, Mohammad Manar Enabah to seek means of joint coor...
Dana Gas Delays Selling Egypt’s Assets
Dana Gas has confirmed delaying the selling of its assets in Egypt, according to a statement. The company confirmed that the sale is still taking place, however, the company is not certain when the process will be com...
