Brooge Expects Expanding Oil Storage Terminal by 2020
Brooge Energy expects opening new tanks at its oil-storage terminal in UAE to be fully operational by the end of the year.
Coronavirus | Egypt Oil & Gas - Part 3
Chesapeake to Half Number of Active Rigs
Chesapeake Energy has announced its long-term plan amidst filing for bankruptcy and will operate half the number of active rigs in the second half of the year compared to Q1.
El Molla Issues New Coronavirus Measures
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced new instructions that will be applied after Egypt had alleviated precautionary measurements to combat Coronavirus outbreak.
Deadline for Gold Bid Round Extended by Two More Months
The Ministry of Petroleum and Mineral Resources, announced extension of the cdeadline of international bid round for gold and associated minerals for two more months due to current global circumstances of Coronavi ...
Egypt Eases Coronavirus Restrictions
The Prime Minister, Moustafa Madbouly, announced alleviating the precautionary measures taken to combat coronavirus and abolished nighttime curfew that was imposed to limit the spread of the disease.
China’s Refinery Output Rises 8.2% YoY in May
China’s crude oil throughput in May rose 8.2% YoY following independent refiners increasing production in response to the growing fuel demand as coronavirus lockdown restrictions ease.
IDSC Issues Two Reports on COVID-19 Impact on Energy Markets
The Egyptian Prime Minister, Moustafa Madbouly, has received two reports from the Information and Decision support Center (IDCS) presenting the repercussions of coronavirus pandemic on international as well as loc ...
Petroleum Ministry Obliges Facial Masks in Workplaces
The Ministry of Petroleum and Mineral Resources issued strict instructions for the sector’s companies to oblige their employees as well as visitors to wear facial masks during their presence in workplaces to comb ...
US Crude Production Falls by 0.2% in March
US Crude oil production fell by 0.2%, or 28,000 barrels of oil per day (bbl/d), to 12.7 million barrels per day (mmbbl/d).
El Molla Directs NOCs to Increase Production Rates
The Minister of Petroleum and Mineral Resources, Tarek El Molla, directed the oil companies to search for all the available chances and exploit them in increasing production rates.
