Green MoUs with US Companies Pave Way for Biodiesel Production, Emissions Reduction

The Egyptian Ministry of Environment has signed two memoranda of understanding (MoUs) to support energy transition and emissions reduction in Egypt, both of which were signed in the presence of Prime Minister Most ...

US May Release 180 mmbbl From Its Strategic Reserves to Stabilize Oil Prices

The US administration may consider to release a total of 180 million barrels over several months from the U.S Strategic Petroleum Reserves (SPR), Reuters reported citing four sources.

US Gives Green Light to Increase LNG Supply to Europe 

The American government announced that it had approved to provide additional exports of liquefied natural gas (LNG) from two major facilities on the U.S. Gulf Coast to Europe, Reuters reported. 

U.S., Europe Consider Ban on Russian Oil Imports

The U. S. and European allies has entered into ongoing discussions to ban imports of Russian oil.

U.S. Emerges As the World’s Top LNG Exporter in December 2021

U.S. has topped the world’s liquefied natural gas (LNG) exporter for the first time by the end of December 2021.

TotalEnergies, Clean Energy Begin Construction of Biomethane Unit

TotalEnergies alongside with its partner Clean Energy have announced the launch of the construction of their first biomethane production unit, in Friona, Texas.

El Molla Participates in Net Zero World Initiative at COP26

The Minister of Petroleum and Mineral Resources Tarek El Molla has participated in the launch of the Net Zero World Initiative, as a part of the current COP26 summit held in Glasgow to accelerate the transition to ...

Shell Signs Agreement to Acquire Landmark Retail Sites in U.S.

Shell Retail and Convenience Operations which is a subsidiary of Shell Oil Products, has signed an agreement to acquire 248 fuel and convenience retail sites from the Landmark Group.

US Lifted Some Oil Sanctions off Sudan

The US government has eased sanctions against Sudan. The current decision lifts restrictions on petroleum and petrochemical industries, including oilfield services and oil and gas pipeline transactions by Americans.

Oman, Iran LNG Pipeline to Cost $1.5b

A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project's route and design to avoid waters controlled by ...

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