gas | Egypt Oil & Gas - Part 2

Egypt’s Petroleum Imports Dropped by $138.1M in 2022/23

Egypt's petroleum imports decreased by $138.1 million, during fiscal year 2022/23, according to the Central Bank of Egypt's (CBE) Balance of Payment. This comes as a result of a decrease in crude oil imports by $1 ...

ADNOC Makes $11B Offer to Takeover Covestro  

ADNOC has offered a proposal of almost $11 billion to takeover Covestro, the German plastics and chemicals maker, according to two persons familiar with the matter, Reuters reported.

Qatar, Iraq to Establish Company to Build, Operate Oil Tankers

Qatar and Iraq have signed a number of Memorandum of Understanding (MoU), one of the MoUs is for establishing a joint company to build and operate oil tankers that carry crude oil and petroleum products according ...

Iraq Invites Foreign Companies to Bid for 11 Gas Blocks in New Areas

Iraq, OPEC’s second-largest producer after Saudi Arabia, has invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks, Reuters reported.

Iraq to Pay $2.76B in Gas, Electricity Debt to Iran

After securing a sanctions waiver from the United States, Iraq agreed to pay Iran $2.76 billion in gas and electricity debt, a senior official in the Iraqi foreign ministry said, Reuters added.

Iran, Iraq Oil Ink Energy Cooperation MoU

Iran, Iraq signed a memorandum of understanding (MoU) to cooperate in oil, gas, and petrochemical projects.

Iraqi Oil Minister: Iraq in Final stages of Talks for $27B TotalEnergies Deal

TotalEnergies and Iraq talks to resolve sticking points in a long-delayed $27 billion energy deal "have reached advanced stages", Iraqi oil minister Hayan Abdel-Ghani said on Sunday, Reuters reported.

Europe Reduces Winter Gas Consumption

Europe's gas consumption has significantly shrunk from August to January, due to unusually warm weather which decreased the use of household heating.

El Molla, Irish Ambassador Discuss Cooperation Opportunities in Energy Activities

Tarek El-Molla, Minister of Petroleum and Mineral Resources, met with Nola O'Brien, Ireland’s Ambassador in Cairo, to discuss cooperation between Egypt and Ireland in the fields of oil, gas and renewable energy, a ...

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