USA

  • Saudi Arabia to Sell 600,000 bbl/d of Crude to US

    Saudi Arabia to Sell 600,000 bbl/d of Crude to US

    Sunday, 19th April 2020

    Saudi Arabia determined 600,000 barrels of its crude oil to be sold to USA daily in April 2020 to be the highest amount during a year.

  • El Molla Highlights Egypt’s Petroleum Industry in Ministerial Panel

    El Molla Highlights Egypt’s Petroleum Industry in Ministerial Panel

    Sunday, 8th March 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, has showcased the situation of the petroleum and natural gas industry in Egypt during his participation in the ministerial panel that took place in US.

  • East Med Seven Seek Energy Cooperation

    East Med Seven Seek Energy Cooperation

    Sunday, 28th July 2019

    Energy ministers declared to increase cooperation to develop the region’s gas reserves following the East Mediterranean Gas Forum (EMGF) in Cairo.

  • El Sisi Meets US Energy Minister to Bolster Cooperation

    El Sisi Meets US Energy Minister to Bolster Cooperation

    Thursday, 25th July 2019

    President Abdel Fattah El Sisi met with the US Energy Secretary Rick Perry to discuss US investments in the area of exploration and production (E&P) and petrochemicals in Egypt.

  • Mubadala Sells Cepsa’s Stakes to Carlyle

    Mubadala Sells Cepsa’s Stakes to Carlyle

    Monday, 8th April 2019

    Abu Dhabi’s Mubadala has agreed to sell a 30-40% stake in Cepsa to the US-based global investment firm, Carlyle Group.

  • WTI Reaches $75 for First Time Since 2014

    WTI Reaches $75 for First Time Since 2014

    Wednesday, 4th July 2018

    West Texas Intermediate (WTI) crude reached $75 a barrel on July 3, but quickly dropped to settle at just 0.3% higher, after the American Petroleum Institute (API) announced that US crude inventories fell by 4.51 million barrels last week.

  • Kuwait Raises Output by 85,000 bpd

    Kuwait Raises Output by 85,000 bpd

    Monday, 2nd July 2018

    Kuwait started raising its oil output by 85,000 barrels per day (b/d) from July 1, in accordance with the recent agreement between OPEC and non-OPEC producers to increase production by 1 million b/d.

  • Saudi Arabia to Curb Oil Exports in August, Reducing Shipments to US

    Saudi Arabia to Curb Oil Exports in August, Reducing Shipments to US

    Monday, 17th July 2017
    Saudi Arabia will limit its oil exports in August by more than 600,000 b/d to satisfy the growing domestic demands while committing to the OPEC’s agreement to curb production.
  • Egypt Inks Exploration Agreements with Mediterra, IPR

    Egypt Inks Exploration Agreements with Mediterra, IPR

    Wednesday, 27th July 2016
    The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed two agreements that grant Cyprus’ subsidiary Mediterra and US IPR oil and gas company exploration rights in Upper Egypt.
  • Europe Receives Second LNG Cargo from USA

    Europe Receives Second LNG Cargo from USA

    Sunday, 24th July 2016
    A cargo of liquefied natural gas (LNG) from the US has arrived at Spain’s Murgados LNG import terminal, making it only the second cargo to reach the European market since US LNG exports began at the end of February 2016.