US Gives Green Light to Increase LNG Supply to Europe 

• Thursday, 17th March 2022
• by Fatma Ahmed

The American government announced its approval to provide additional exports of liquefied natural gas (LNG) from two major facilities on the US Gulf Coast to Europe, Reuters reported. This action came as a part of its...

Eni to Develop Decarbonization Projects in Congo

• Tuesday, 5th October 2021
• by Fatma Ahmed

Eni has signed a memorandum of understanding (MoU) with Congo’s government to help enhance the country’s agro-biofuel sector, according to a press release from the company. The MoU covers industrial scale production o...

Oman Revises Petrol, Diesel Prices

• Thursday, 3rd March 2016
• by Egypt Oil & Gas

Oman’s Ministry of Oil and Gas has announced the revised petrol and diesel prices to be effective as of March, Gulf News reported. The price of super grade petrol M95 is set at 145 baiza per liter and regular petrol M...

Libya’s Oil Production Drops to 360,000b/d

• Thursday, 25th February 2016
• by Egypt Oil & Gas

Libya’s National Oil Corporation (NOC) stated that country’s total oil production had recently decreased to between 360,000 and 370,000b/d due to the ongoing attacks conducted by Islamic State on LibyaR...

Libya Has Lost $68b in Oil Revenues Due to Instability

• Tuesday, 26th January 2016
• by Egypt Oil & Gas

Amid discussions to form a unity government in Libya, the head of the country’s national oil company, Mustafa Sanalla, urged reconciliation and stated that the country had lost $68b in oil production and exports since...

EGYPT: Petroleum Minister to Become New Prime Minister

• Saturday, 12th September 2015
• by Egypt Oil & Gas

The Prime Minister of Egypt, Ibrahim Mahlab, and the entire cabinet have announced their resignation, Reuters reported. The Petroleum Minister, Sherif Ismail, will become the new Prime Minister, Egypt Oil & Gas h...

Egypt Spent EGP 126.3bn in Petroleum Subsidies in 2013/14

• Monday, 15th June 2015
• by Egypt Oil & Gas

Egypt has spent EGP 126.3bn on oil products subsidies during the fiscal year (FY) 2013/2014, according to a US Energy Information Administration (EIA) report on Egypt’s energy released in June. The country, which is t...

Petroleum Industry Promotions

• Sunday, 31st May 2015
• by Egypt Oil & Gas

The Minister of Petroleum Sherif Ismail approved the following promotions within state-owned companies. Eng. Ahmad Khawaja promoted to Director of Operations, Mansoura Petroleum Company and a member of the Board of Di...

Industry to Issue New Operating Licenses amidst Energy Crisis

• Monday, 6th April 2015
• by Egypt Oil & Gas

The Ministry of Industry and Foreign Trade announced yesterday that it is working on new regulations for issuance of operating licenses for the steel and cement industries. According to Daily News Egypt the Minister M...