energy | Egypt Oil & Gas - Part 11
Algeria Unaffected by Fall in Oil Prices
Algerian Minister of Energy, Mohamed Arkab, said that Algeria has the means and resources necessary to overcome the world oil crisis and that the recent fall in oil prices has not impacted Sonatrach’s activity, accord...
Algeria’s Oil, Gas Exports Fall by 12.52%
Algeria’s oil and gas exports dropped by 12.52% in the first nine months of 2019, according to Zawya. Exports reached $25.28 billion in October 2019, down from $28.89 in 2018. This came after a 2% drop in output...
House of Representatives to Ask for Gas Price Reduction
The Industry and Energy Committee of the House of Representatives intends to ask the government to reduce natural gas prices for the energy-intensive factories, Alborsanews reported citing Parliamentary sources. Accor...
Algeria Approves New Energy Law
Algeria’s house of parliament passed a new energy law to make its oil and gas investment more attractive to international oil companies (IOCs), Zawya reported. The new law’s legislation still needs approval by t...
Aramco Restores Oil Output
Saudi Arabia has resumed to its average oil production, which makes Saudi Aramco fully focused on its initial public offering (IPO), according Reuters. According to the Saudi energy minister Prince Abdulaziz bin Salma...
ADNOC Wins “New Silk Road CEO of the Year Award”
The United Arab of Emirates (UAE) Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) has won “New Silk Road CEO of the Year Award” for supporting the continuous supply of energy across the contine...
Ministry of Petroleum Participates in World Energy Congress
The Ministry of Petroleum and Natural Resources is representing Egypt in the 24th edition of the World Energy Congress (WEC), held on September 9-12 in Abu Dhabi, Al-Ahram reported. The WEC, held every three years, is...
Saudi Arabia Creates New Ministry for Industry, Mineral Resources
The Kingdom of Saudi Arabia has established a new ministry for industry and mineral resources, according to a royal decree issued on August 30. The two sectors were previously following the Ministry of Energy, Industr...
