meeting
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Inaugural Meeting of the East Med Seven Takes Place in Cairo
Thursday, 7th March 2019
The meeting included representatives from the seven countries of EMGF, comprising Egypt, Cyprus, Greece, Jordan, Italy, Palestine, and Israel along with the EU.
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Prime Minister Discusses Oil Affairs
Sunday, 13th May 2018
Egyptian Prime Minister Sherif Ismail met with Minister of Petroleum Tarek El Molla to discuss oil affairs.
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Average Oman Crude Oil Prices Increases by 27.8% Y.o.Y
Tuesday, 30th January 2018
Average Oman crude oil price increased by 27.8% year-on-year (Y.o.Y), reaching $51 per barrel by end of 2017, from $40 per barrel in the same period of 2017.
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US Oil Prices Sink Below $50
Wednesday, 9th August 2017
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement. -
OPEC will not Rush into Further Output Cuts
Thursday, 29th June 2017
OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits. -
Egypt Sets Strategy to be Energy Hub
Sunday, 14th May 2017
The Supreme Committee for Turning Egypt into an Energy Hub has had its first meeting. -
President El Sisi Met Eni, BP CEOs
Monday, 13th February 2017
Abdel Fattah El-Sisi received Eni's CEO, Claudio Descalzi, and Bob Dudley, CEO of BP. -
Total to invest $100m in Egypt
Thursday, 13th October 2016
Total's Senior Vice President for Africa, Stanislas Mittleman, stated that the company will invest $100m in Egypt -
Egyptian Oil Minister Describes Challenges
Monday, 24th December 2012
Egyptian Minister of Petroleum and Mineral Resources Osama Kamal gave a press conference at the meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC), in which he discussed the government's decision to raise the price of fuels and commented on the economic damage faced by the oil and gas industry.
Latest News
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Norpetco Inaugurates HSE Project with $1.3 MM
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El Molla Attends the 5th IEF-EU Energy and Climate Day
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021