Edison Sells Norway Upstream Assets for $300 MM
Italy’s Edison sold its exploration and production (E&P) assets in Norway to Sval Energi, Norwegian oil and gas group, for $300 million to focus on clean energy.
energy | Egypt Oil & Gas - Part 7
Egypt, Iraq Sign Energy cooperation MoU
Minister of Petroleum and Mineral Resources, Tarek El Molla, signed a memorandum of understanding (MoU) with his Iraqi counterpart, Ihsan Abdul Jabbar.
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.
Algeria’s Oil, Gas Exports Fall by 12.52%
Exports reached $25.28 billion in October 2019, down from $28.89 in 2018.
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.
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).
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).
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 con ...
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, UAE.
Saudi Arabia Creates New Ministry for Industry, Mineral Resources
The Kingdom of Saudi Arabia has established a new ministry for industry and mineral resources.
