OPEC | Egypt Oil & Gas

Badawi Wishes OPEC Prosperity, Progress in its 64th Anniversary

On the occasion of the 64th anniversary of the founding of the Petroleum Exporting Countries (OPEC), Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, issued a statement wishing Haitham Al-Ghais, ...

Iran Rises in Oil, Gas Condensates Exports

Iran has become the fourth largest oil exporter, accounting for 9% of OPEC's total crude oil and gas condensate exports, according to IRNA news agency.

El Molla Participates in EGYPES 2024 Energy Transition, Decarbonization Panel Discussion

Minister of Petroleum and Mineral Resources Tarek El Molla has stated that a successful energy transition and the expansion of renewable energies require the provision of adequate funds, real commitment, and new t ...

OPEC Expresses Readiness to Receive Young Middle Management Professionals from Egypt for Training

Minister of Petroleum and Mineral Resources has Tarek El Molla met with Haitham Al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC).

OPEC SG Urges Increase in Oil Production Due to Optimistic Demand Outlook

OPEC Secretary General Haitham Al Ghais stated that OPEC is optimistic about demand and asserts the necessity to increase production, Reuters reported.

OPEC’s JMMC Reaffirms Commitment to DoC

The 49th Meeting of the Joint Ministerial Monitorings Committee (JMMC) of the Petroleum Exporting Countries Organization (OPEC) was held on Friday, 04 August 2023, via videoconference.

Iran’s Oil Production Reached 2.87 mmbbl/d in May 2023

The International Energy Agency (IEA) has announced that Iran has recorded oil production reached 2.87 million barrels per day (mmbl/d) in May 2023.

OPEC Secretary General: Global Energy Demand to Rise 23% by 2045

OPEC, Organization of the Petroleum Exporting Countries, anticipates that global energy will increase by 23% by 2045 and overall demand will surge to 110 million barrels per day, according to Haitham Al Ghais, OPE ...

Japan, OPEC to Organize High-Level Dialogue

Japan and the Organization of the Petroleum Exporting Countries (OPEC) have decided to organize a dialogue between senior officials, Nikkei reported.

KSA Energy Minister: OPEC+ Working Against ‘Uncertainities and Sentiment’

Saudi Arabia's energy minister Prince Abdulaziz bin Salman that the most recent OPEC+ deal included fundamental reforms but also aimed to combat "uncertainties and sentiment" in the market,

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