supply | Egypt Oil & Gas

Qatar, Iraq to Establish Company to Build, Operate Oil Tankers

Qatar and Iraq have signed a number of Memorandum of Understanding (MoU), one of the MoUs is for establishing a joint company to build and operate oil tankers that carry crude oil and petroleum products according ...

Saudi Arabia Maintains Crude Supply to Asian Refiners Despite OPEC+ Cuts

Despite OPEC+’s surprising announcement last weak about extra production cut of 1.16 million barrels per day from May for the rest of the year, Saudi Aramco will maintain the same crude volumes supply to several N ...

Saudi Aramco to Continue Full Oil Supplies to Asia in November Despite OPEC+ Cuts

Several people with knowledge of the situation said on Monday that Saudi Aramco has informed at least seven customers in Asia that they will get full contract volumes of crude oil in November before the peak winte ...

Shell, Aramco CEOs Warn of Difficulty in Reversing Tight Global Oil Supply

The chief executive of Saudi Aramco said that the oil market is not paying attention to the fact that the world's spare capacity to increase oil output is very low, and the chief executive of Shell claimed that in ...

El Molla Reviews Strategy to Maintain Local Market Stability Amid Global Challenges

Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting to review the progress of the action plan that was put in place amid the Russia-Ukraine conflict to maintain local market supply stability ...

Gazprom Produced 238.4 bcm of Gas in Six Months

Preliminary figures show that from January to June 2022, Gazprom produced 238.4 billion cubic metres of gas. Comparing this to the same period last year, there has been a decline of 8.6 cents (or 22.4 billion cubi ...

OPEC Half a Billion Barrels Short of Oil Supply Pledge

There are more than half a billion barrels of oil left unsupplied by OPEC+, raising concerns about the group's ability to balance the global market.  OPEC+ members produced 2.7 million barrels a day less than thei ...

El Molla Ensures Petroleum Availability During Holiday Season

El Molla pointed out the importance of continuous follow-up on a daily basis to ensure the availability of products easily and conveniently, especially with the current holiday season as well as the harvest season ...

Gazprom Still Meets Natural Gas Requests in Europe

The Russian company Gazprom disclosed that it continues to supply natural gas to Europe via Ukraine,

QatarEnergy, Germany LNG Discussions Still in Progress

QatarEnergy said that its discussion with German companies to supply of Qatari liquefied natural gas (LNG) to Germany for a number of years is still undergoing.

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