Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed methods to increase cooperation in the petroleum sector between Egypt and the US with Stuart Jones, President for Regions and Corporate Affairs at Bechtel Corporation, and Jonathan Cohen, the US Ambassador to Egypt.

The number of Baker Hughes’s rotary drilling rigs operating in the US has increased on April 16, recording 439 rigs.

BP has made a new oil discovery at Green Canyon Block 821 in the Puma West prospect in the deepwater US Gulf of Mexico.

Chevron has entered an agreement with Noble Midstream Partners LP to acquire all of the 33.925 million non-owned shares in an all-stock deal.

Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.

The Suez Canal Authority (SCA) has succeeded in attracting the largest amount of the LNG tankers between the US and Far East at January 2021 compared with the competing routes and channels, according to the ARGUS International company’s report.

The American Occidental Petroleum Company stated that its Oxy Low Carbon ventures subsidiary has supplied a cargo of 2 million barrels of carbon-neutral oil to Reliance Industries Company of India.

Lightsource BP company announced it has successfully completed the financing package of $380 million for Elm Branch and Briar Creek solar projects in Texas.

A pipe- laying vessel starts its operation in Danish Water before the resumption of construction of the Nord Stream 2 pipeline.

Data obtained from industry sources showed that Indian oil imports from Africa and US, in November, has risen but dropped from Middle East and Latin America.