The Egyptian Ministry of Petroleum and Mineral Resources
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New Petroleum Discovery Achieved in the Western Desert
Thursday, 19th December 2019
The Borg El-Arab Petroleum Company has made a new petroleum discovery in the ASH-2 area of Abu Senan concession in the Western Desert, with a production rate of 7,000 barrel of crude oil per day and 10 million cubic feet per day (mcf/d) of natural gas.
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Remarkable Oil, Gas Achievements in 2019
Wednesday, 2nd October 2019
Egypt’s oil and gas sector has managed to achieve several successes throughout 2019.
Latest News
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Monday Minutes: Economic Snapshot
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El Molla Reviews Midor Refinery Expansion
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Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
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Agreement with Belgian DEME for Studies of Green Hydrogen Production
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021