European shares saw a slight increase on Thursday, boosted by energy stocks, as the market heads into …
Oil and Gas sector
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FeatureMENA NewsMoneyNews
UAE’s ADNOC Drilling, Alpha Dhabi announce global alliance
by Aya El Sayedby Aya El SayedADNOC Drilling Company and Alpha Dhabi Holding declared on Tuesday the establishment of their strategic investment joint …
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Industry & TradeTech/AI
EGYPES 2024 kicks off on February 19 driving energy transition, security, decarbonisation
by Yomna Yasserby Yomna YasserThe anticipated Egypt Energy Show (EGYPES) 2024 is set to open its doors from 19–21 February 2024 …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt sees $9mn oil, gas investments till FY2024-end: minister
by Nada Aliby Nada AliEgypt’s Ministry of Petroleum raised its forecast for investments in the oil and gas sector from $8 …
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Industry & TradeInternational NewsNewsTech/AI
OPEC+ panel keeps oil output policy unchanged
by Sama Mousaby Sama MousaThe OPEC+ ministerial panel met on Friday and decided to keep its current oil production policies unchanged.
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Emirati Dragon Oil to increase oil production in Egypt by 27%
by Sama Mousaby Sama MousaEmirati Dragon Oil is set to increase its oil production in Egypt by 27 percent to 70,000 …
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Egypt NewsIndustry & TradeNewsTech/AI
Shell to drill oil exploration wells in Egypt by September
by Sama Mousaby Sama MousaShell is set to start drilling new oil exploration wells in its new concession areas in Egypt’s …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt approves 3 draft petroleum commitment deals
by Sama Mousaby Sama MousaThe Egyptian cabinet approved three draft petroleum commitment agreements with a total minimum drilling of 13 wells, …
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Industry & TradeMENA NewsNewsTech/AI
Iraq finishes two thirds of Grand Faw Port
by Sama Mousaby Sama MousaIraq, the OPEC member, has completed around two thirds of the Grand Faw Port project, said Iraq’s …
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Industry & TradeMENA NewsNewsTech/AI
Kuwait starts operation of Al-Zour refinery
by Sama Mousaby Sama MousaKuwait, OPEC member, started full operation of Al-Zour oil refinery by commissioning its third and last distillation …