Egypt's oil trade balance recorded a surplus of $2.1 billion, during the period from July to December of the fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier.
In an interview with Al- Sharq, the Minister of Petroleum and Mineral Resources Tarek El Molla disclosed plans with the East Mediterranean countries to increase liquefied natural gas (LNG) exports to Europe during ...
Abu Dhabi National Oil Co. (ADNOC) announced that it plans to build a new liquefied natural gas plant to raise its exports amid surging demand.
This comes as crude oil shipments to Asia from the ports on the Arctic, Baltic, and Black Sea coasts declined to its lowest levels in two months.
Minister of Petroleum and Mineral Resources, Tarek El Molla, received Walid Fayad, the Lebanese Minister of Energy and Water, and the accompanying delegation visiting Cairo.
Iranian Oil Minister Javad Owji said that his country will attempt to ramp up oil and condensates exports to 1.4 million barrels per day (mmbl/d) to cope with the annual budget.
The American government announced that it had approved to provide additional exports of liquefied natural gas (LNG) from two major facilities on the U.S. Gulf Coast to Europe, Reuters reported.Â
Equinor and its partners, together announced that they will intensify their production to meet the gas demand in Europe during summer months.
The Deputy Minister of Petroleum for Petrochemical Products Morteza Shahmirzaei announced that Iran has received revenues of $12.5 billion from petrochemical exports by the end of the current calendar year which s ...
Minister of Petroleum and Mineral Resources Tarek El Molla stated that Egyptian oil and gas sector exports increased by 84.28% year on year (YoY), reaching $12.9 billion in 2021, compared to $7 billion in 2020.Â
