Oil | Egypt Oil & Gas - Part 7

Canada Promises to Support Halting Russian Oil Use

Canada, the world's fourth biggest oil producer, pledges to export an additional 200,000 barrels of oil as well as 100,000 barrels of natural gas.

Chevron Examines State of Black Sea Export Terminal in Russia

US oil giant Chevron stated that it is currently in the process of assessing the state of a Black Sea port’s export terminal after Russian claims that it may have faced storm damage, according to Reuters. 

Shell to Dedicate Profits from Russian Oil Trade to Fund Ukraine Humanitarian Aid

Shell company announced that it will put profits from any Russian oil it purchases into funding humanitarian aids to Ukraine.

Neptune Energy Egypt Managing Director Passes Away

Neptune Energy Egypt Managing Director Mohamed Mounes Shahat has passed away on 17 February 2022.

EGPC, Eni Sign $1B Agreement for Oil Exploration in Gulf of Suez, Nile Delta

The Egyptian General Petroleum Corporation (EGPC) and Italian energy company Eni have signed an agreement worth at least $1 billion for oil exploration activities in the Gulf of Suez and the Nile Delta.

India’s Reliance Industries Seeks to Get First Oil Cargo From the UAE

India's Reliance Industries Ltd stated seeks to get the first cargo of oil from its new Abu Dhabi-based trading unit in December.

Lukoil Achieves New Oil Discovery in Mexico

Lukoil company announced a new discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico.

World Bank Supports Egypt’s Push to Be Regional Energy Hub

In a meeting with two delegations from the World Bank, Minister of Petroleum and Mineral Resources Tarek El Molla stated that the World Bank’s participation in the East Mediterranean Gas Forum (EMGF) as an observe ...

Iraq Oil Exports Record Over 92 M Barrels in September 2021

Iraq has recorded oil exports reached 92.4 million barrels during September 2021 achieving revenues estimated at $6.71 billion.

LUKOIL’s Production from West Siberian Fields Reaches 2 billion tons

LUKOIL company stated that its production from West Siberian fields has reached 2 billion tons of oil since the beginning of the commercial development.

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