Prime Minister Mostafa Madbouly inspected Egypt’s offshore drilling rig Al‑Qaher‑2, which carried out operations for the Denise West‑1 exploratory well in the Eni‑bp Temsah concession in the Mediterranean. Th...
Gas flows through the 8bcm/y (775mn cfd)-capacity Greenstream pipeline linking Libya and Italy resumed on 27 April following two weeks of scheduled maintenance. Operator Mellitah Oil and Gas, a joint venture between NOC ...
The government has raised natural gas supply prices for the industrial sector, setting a minimum selling price of no less than $6.50 per million British thermal units (MMBtu) for energy-intensive industries. The measure ...
The Egyptian Sustainable Aviation Fuel Company (ESAF), a subsidiary of the Egyptian Petrochemicals Holding Company (ECHEM), has signed a technology license agreement with US Honeywell to deploy its Ecofining technology i...
Saudi Arabia’s Petro Rabigh has benefitted from the market disruption caused by the Middle East conflict, and achieved its first quarterly profit since 2Q 2022 last quarter. The integrated refinery and petrochemicals c...
Dana Gas, the Middle East’s largest private natural gas firm, has received a final $20m payment from Egypt, fully clearing all outstanding arrears, according to the company’s statement. “We are very encouraged by o...
Saudi Arabia’s power demand continues to grow rapidly, driven by strong non-oil GDP growth. Despite disruption caused by the Middle East conflict, the authorities are pressing ahead with projects to expand and strength...
Tunisia’s renewable energy ambitions are gaining momentum with the commissioning of a 50MW solar photovoltaic (PV) power plant and the launch of a new tender for 200MW of solar power last month. On 16 April, Norway’s...
The Ministry of Petroleum and Mineral Resources (MoMR) announced a new natural gas discovery in the Nile Delta, with projected production of 50 million cubic feet per day (mmcf/d) following the drilling of the explorat...
Outstanding arrears to International Oil Companies (IOCs) currently stand at $770 million, down from $6.1 billion in June 2024, and are scheduled to be fully repaid by June, according to Karim Badawi, Minister of Petrole...
Hi! How can we help you? 👋