Macron Denies Russian Demand to Pay for Russian Gas in Roubles
French President Emmanuel Macron stated there are no reasons to give in to President Vladimir Putin’s demands to pay for Russian gas in roubles.
demand | Egypt Oil & Gas - Part 2
Equinor to Increase Natural Gas Supply to Europe Throughout the Summer
Equinor and its partners, together announced that they will intensify their production to meet the gas demand in Europe during summer months.
Trading Firm Trafigura Sees $100 a Barrel by 2019
Oil prices could reach $90 a barrel by Christmas and rise further to $100 a barrel before the new year, Trafigura’s Co-Head of Oil Trading Ben Luckock told a conference on September 24.
Saudi Arabia Cuts Oil Output after OPEC Low Demand Forecast
Saudi Arabia was forced to cut oil production by more than 200,000 barrels per day (b/d) last month after OPEC’s forecasted demand figures were lower than expected, raising concerns about oversupply.
Electricity Loads to Decrease 0.8% Overnight
The Egyptian Ministry of Electricity and Renewable Energy has said that the improvement of temperature has helped to stabilize the electrical loads on the country’s national grid.
Electricity Loads Remain Stable
The Egyptian Ministry of Electricity and Renewable Energy has said that the improvement of temperature has helped to stabilize the electrical loads on the country's national grid.
Egypt Aims to Cut LNG Imports
Egypt to defer contracted shipments this year and aims to cut back on purchases in 2018.
Algeria to Meet Oil Domestic Demand by 2024
Algerian production of oil by-products will reach 45m tons in 2024, with the new refineries of Hassi Messaoud, Tiaret and Biskra going into operation, according to Algeria’s Minister of Energy, Salah Khebri.
UAE Struggles Over Predicting Ideal Oil Price for its Budget
Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, explained Ali Al Mansoori head of Abu Dhabi’s Department of Economic Development
