Oil | Egypt Oil & Gas - Part 7
Iran’s South Pars Refinery to Come Online Soon
Iran’s South Pars Refinery should come online soon, said Mohsen Khojastehmehr in a televised interview, who added that the country’s gas output capacity is anticipated to expand by 500 million cubic meters per d...
Equinor Makes New Discovery by North Sea Troll Field
Equinor announced the seventh oil and gas discovery, since the autumn of 2019, in the North Sea close to the Troll field. The discovery, the majority of which is oil, is known as Røver Sør, with an estimated size betw...
OPEC Expects Chinese Oil Demand to Rebound
OPEC forecasted that China’s COVID-19 restrictions would be relaxed this year, which will boost global growth. The organization also sounded optimistic about the prospects for the global economy in 2023, Reuters...
El Molla: Egyptian Petroleum Exports Surged to $18.2B in 2022
Minister of Petroleum and Mineral Resources Tarek El Molla stated that the past year 2022 witnessed the achievement of a record number of petroleum exports that amounted to $18.2 billion, the ministry said in a statem...
Egypt, Russia Discuss Energy Cooperation
On the sidelines of the ministerial meeting of the Gas Exporting Countries Forum (GECF), which concluded its activities yesterday in Cairo, Minister of Petroleum and Mineral Resources Tarek El Molla held talks with Ru...
Egypt, Qatar Discuss Joint Energy Projects
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Saad bin Sherida Al Kaabi, Minister of Energy of Qatar, and his accompanying delegation, on the sidelines of the ministerial meeting of the Gas Exp...
OPEC Cuts 2022, 2023 Oil Demand Growth Forecasts Amid Slowing Economy
For the fourth time since April, OPEC reduced its projection for the rise in global oil demand in 2022 and lowered its estimate for the following year, citing weakening economies, the revival of China’s COVID-19...
Strikes to Continue at French Oil Refineries, Storage Facilities
According to CGT labor union representatives at TotalEnergies and ExxonMobil’s Esso France, the strikes that have affected French oil refineries and storage facilities will resume, Reuters reported. The strikes ...
