Operation | Egypt Oil & Gas - Part 2
Badawi Meets with Naftogaz to Review Western Desert Operations
Minister of Petroleum and Mineral Resources Karim Badawi has met with Director of Naftogaz in Egypt, Fedir Baiuk to review the company’s activities in the Western Desert through the joint venture Petrosennan. Naftogaz...
Badawi Lauds GPC’s Leap in Production, HSE Best Practices
Minister of Petroleum and Mineral Resources Karim Badawi met with the leaders of the General Petroleum Company (GPC), praising the company’s remarkable production performance over the past years. He also commend...
Nigeria to Start Operating Four Refineries by End of 2024
The new Nigerian Oil Minister, Heineken Lokpobiri announced it is predicted that four oil refineries will start operations by the end of the 2024, Reuters reported. He added that the southern Port Harcourt plant is ex...
Wintershall Dea Q1 2022 Results: Strong Performance Despite Russia-Ukraine Conflict
Wintershall Dea demonstrated strong operational and financial performance for Q1 2022 even with the economic fallout of the Russia-Ukraine war, according to the company’s latest report. Wintershall Dea’s Chief F...
ExxonMobil to Stop Operations in Russia
Signaling its support for the Ukrainian people, ExxonMobil announced its decision to stop its operations in Russia and that it will not invest in any more new projects there. The company said that it will exit the ope...
Eni Achieves Highest Net Profit of EUR 4.7 billion Since 2012
Eni announced that it has achieved the highest adjusted net profit in 2021 reaching EUR 4.7 billion since 2012, the company disclosed in a press release. The company pointed out that the increase in its profits was du...
Egypt Sends First LNG Cargo to the Netherlands
Egypt has sent its first-ever liquefied natural gas (LNG) shipment to the Netherlands through the Damietta LNG Plant, Al-Ahram reported. The total capacity of the cargo amounts to 174,000 cubic meters, which was shipp...
Ras Markaz Oil Terminal to Commence Operation in Q2 2022
Salim Marhoon Al Hashmi, Director-General of Raz Markaz Oil Storage Project announced that the project will start operations during Q2 2022, according to Oman news agency. This project, 100% owned by the Oman Tank Ter...
