Friday 04 Apr

gas

Egypt, UAE collaborate on AI-powered oil reservoir management
2024/11/09

Egypt, UAE collaborate on AI-powered oil reservoir management

Ministry of Petroleum and Mineral Resources and Dragon Oil, a leading UAE-based oil and gas company, have signed a Memorandum of Understanding (MoU) to collaborate...

Egypt, Halliburton in talks to expand energy investments
2024/11/07

Egypt, Halliburton in talks to expand energy investments

Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, met with Jeff Miller, CEO of Halliburton, and Engineer Salah Abdel Karim, CEO of the Egyptian...

United Energy to boost oil exploration activities in Egypt
2024/11/07

United Energy to boost oil exploration activities in Egypt

Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, held a meeting with Song Yu, CEO of United Energy Group. The meeting was attended by...

European gas prices surge on oil rally, weakening winds
2024/11/05

European gas prices surge on oil rally, weakening winds

European natural gas prices surged on Monday, driven by a combination of factors including rising oil prices, subdued weather conditions, and concerns over potential supply...

International companies bid for Egypt's Mediterranean oil
2024/11/04

International companies bid for Egypt's Mediterranean oil

The Egyptian Natural Gas Holding Company (EGAS) has decided to re-offer the development of the Satis field, located in the North Mediterranean Sea, to international...

Household gas prices increasing
2024/11/04

Household gas prices increasing

The government has announced an increase in natural gas prices for households. Depending on the amount of gas used, the price per cubic meter will...

Oil prices edged up slightly, Brent crude hits $71.51 a barrel
2024/10/30

Oil prices edged up slightly, Brent crude hits $71.51 a barrel

Oil prices rebounded on Wednesday, recovering some of the losses from earlier in the week. This uptick was fueled by easing geopolitical tensions in the...

Eni to expand Zohr field activities in early 2025
2024/10/26

Eni to expand Zohr field activities in early 2025

Francesco Gattei, the Chief Financial Officer of Eni, an Italian energy company, has announced that the company plans to undertake operations at the Zohr field...