Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with Lenka Miháliková, Ambassador of the Slovak Republic in Cairo, to discuss investment opportunities and bilateral cooperation in oil, ga ...
United Oil & Gas Plc (UOG) working interest production in Egypt averaged 1024 barrels of oil equivalent per day (boe/d). This was divided into 946 barrels of oil per day (b/d) and 78 boe/d gas, for the year to 5 N ...
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 ...
Equinor announced that commence of production from its Statfjord Øst project which is expected to increase production from this field by 26 million barrels of oil equivalent (mmboe).
In an interview with CNBC Arabia on the sidelines of the international symposium of OPEC in Vienna, Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that oil prices within the range of $75 per ...
Saudi Arabia announced that it will implement deep oil production cut in July on top of a boarder OPEC+ deal to limit supply into 2024, Reuters added.
Underinvestment in the oil and gas sector could cause long-term market volatility, stated Haitham Al Ghais, OPEC Secretary General, in a report from Reuters.
Iran, Iraq signed a memorandum of understanding (MoU) to cooperate in oil, gas, and petrochemical projects.
Despite the deepest weekly decline in US energy firms' oil and natural gas rig count since February, Baker Hughes pointed out that the total count was still up 43 rigs, 6% more compared to the same period last yea ...
bp made $5 billion profit in the first quarter of 2023 while the company’s shares fell as it slowed a share buyback program.
