El Molla Discusses EMGF, Climate Change with US Officials in Washington

El Molla met with Brian Mast, Claudia Tenney, and Ted Deutch, members of the Congress and the Subcommittee for the Middle East, Energy, and Environment, as well as Senator Ted Cruz, a member of the US Senate and a member of the House Foreign Rations Committee.

Egypt, US Hold Bilateral Energy Talks at COP26

Minister of Petroleum and Mineral Resources Tarek El Molla held bilateral talks with US Secretary of Energy Jennifer Granholm.

BP Invests $270 million in Three Major Projects at Cherry Point Refinery

BP revealed a plan to invest $269 million in three projects at Cherry Point Refinery in Washington in order to enhance the refinery’s efficiency, minimize its carbon dioxide (CO2) emissions, and boost its renewable diesel production.

Brightmark, Chevron Expand Cooperation on Dairy Biomethane

Brightmark LLC along with Chevron Corporation announced the expansion of their cooperation via their joint venture (JV) Brightmark RNG Holdings LLC through establishing projects to produce and market dairy biomethane, a renewable natural gas (RNG) in US.

US Firms Increase Oil & Gas Rigs

Three rigs were added; increasing the number of rigs to 491 ones during the week ending on August 6th, compared to 244 rigs around this time of 2020.

EU Retains Tariffs on US Biodiesel

The tariff extension case was reviewed by the European Commission, which announced that the US biodiesel producers would hike to full capacity, adding that they could shift sales from less profitable markets, in third countries, to the EU.

Lime Rock to Purchase Texas Oil, Gas Assets for $508.3 M

Lime Rock Resources will buy oil and gas properties in the Delaware Basin of Texas for $508.3 million from “a private seller”.

El Molla Discusses Ways to Boost Cooperation with Bechtel

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.

Baker Hughes’ US Oil Rig Count Increases in April

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

BP Strikes Oil in Gulf of Mexico

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

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