Economy | Egypt Oil & Gas

Chevron to Invest $500M in Argentina Vaca Muerta Shale Area

Chevron, the U.S.-based oil company, will start $500 investment to develop the Trapial block before July in western Neuquen province, Argentina's economy ministry announced after a meeting between Economy Minister ...

El Molla Emphasizes Importance of EGPC’s Economic Role

Minister of Petroleum and Mineral Resources Tarek El Molla has emphasized the important economic contribution of the Egyptian General Petroleum Corporation (EGPC) describing it as the most important economic insti ...

El Molla Participates in Activities of African Energy and Economy Forum

Minister of Petroleum and Mineral Resources, Tarek El Molla, participated in the session of the African Energy and Economy Forum, within the activities of the CERAWeek International Energy Conference.

OPEC Cuts 2022, 2023 Oil Demand Growth Forecasts Amid Slowing Economy

For the fourth time since April, OPEC reduced its projection for the rise in global oil demand in 2022 and lowered its estimate for the following year, citing weakening economies, the revival of China's COVID-19 c ...

ADNOC to Spend $6 Billion to Enable Drilling Growth

The Abu Dhabi National Oil Company (ADNOC) has recorded investments worth up to almost $6 billion to enable drilling growth helping to boosts its crude oil production capacity to 5 million barrels per day (mmbl/d) ...

ADNOC to Boost In-Country-Value to Support Economic Growth in UAE

Abu Dhabi National Oil Company (ADNOC) announced that it will boost in-country- value (ICV) to the UAE to support post- Covid economic growth through its ICV program.

Petrochemicals Adds $12B to Saudi’s Economy

Sabic's domestic sales reached 2.7 million tons, covering around 94% of the kingdom’s consumption.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators on one page, for your convenience.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

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