oil

Egypt, Jordan, Iraq to establish electricity linkage, oil pipeline

Fri, 04 Sep 2020 - 12:15 GMT

The cabinet meeting tackled another number of projects in the fields of basic commodity supply, education, agricultural green houses, and seed productions.

The Way to self-sufficiency, sustainability through bioenergy

Fri, 04 Sep 2020 - 12:35 GMT

In spite of the increasing care given to renewable energy, particularly solar and wind, bioenergy is still overlooked.

Qarun oilfields records highest productivity of 30,000 bpd during 2019/20

Tue, 01 Sep 2020 - 11:41 GMT

Abdel-Gawad attributed the hike in production to the implementation of a work program to improve the productivity and operation of obsolete wells, in addition to the drilling program for new exploration and development wells.

Badr El Din: 8 new oil discoveries with reserve surpassing 10M barrels

Mon, 24 Aug 2020 - 02:42 GMT

The daily production of the company includes 38,000 barrels of crude oil, while the daily gas sales reached 423 million cubic feet, the chairman noted.

Egypt agrees with Sudan to cultivate its lands with sunflowers, soybeans, corn

Wed, 19 Aug 2020 - 10:58 GMT

This came during the Egyptian Minister of Supply Ali Al-Moselhi’s meeting, with Sudan’s Director-General of Sudan’s Military Industry Corporation Mirghani Idris and his accompanying delegation, as well as representatives of the Sudanese Etisalat Company.

Qatar to send military consultants to Libyan militias, Turkey contemplates base in Misrata

Wed, 19 Aug 2020 - 08:58 GMT

Source at the Libyan National Army (LNA) told MENA that the defense ministers of Qatar and Turkey visited Prime Minister of Tripoli-based GNA Fayez al-Sarraj on August 17.

Islamic State is being revived in Libya's Sabratha, attempts to target oil facilities in south

Sun, 16 Aug 2020 - 04:11 GMT

A source at the Libyan National Army (LNA) told Al Arabiyah that the Libyan Armed Forces eliminated a terrorist cell affiliated to the Islamic State (IS).

Egypt's Petroleum Ministry: NGVs halve fuel costs

Sat, 01 Aug 2020 - 09:39 GMT

The Petroleum Ministry said that converting petrol-fuelled cars to run on natural gas reduces fuel costs by nearly 50%.

Petroleum ministry: EGPC's crude oil production hits record, exceeding 62,000 bpd

Thu, 30 Jul 2020 - 10:32 GMT

The ministry said that this high record in production reflected the success in implementing the integrated work program in the various oilfields of the company in the Eastern and Western Desert areas, the Gulf of Suez and Sinai.

Ismailia pipeline blast: Investigations reveal excavation works at leak point

Thu, 16 Jul 2020 - 01:42 GMT

Excavation works were revealed at the leak point, which caused a huge explosion on Cairo-Ismailia Road this week, according to investigations by the Public Prosecution.

Libya's LNA says blockade on oil will continue

Sat, 11 Jul 2020 - 11:37 GMT

Khalifa Haftar's Libyan National Army (LNA) said on Saturday it would maintain a blockade on oil production and exports that the National Oil Corp (NOC) says has cost the country $6.5 billion in lost revenue.

Libyan National Oil Corporation lifts force majeure on all oil exports from Libya

Fri, 10 Jul 2020 - 12:29 GMT

The first vessel to load was announced as the Kriti Bastion from Es Sider oil port.

Petroleum min. reviews pace of work in new oil projects

Thu, 09 Jul 2020 - 02:38 GMT

The meeting took up the project of electronic boards that display gasoline and diesel prices for consumers at gas stations.

Investment costs of largest oil refining project in Upper Egypt estimated at $2.8B : Oil min.

Wed, 08 Jul 2020 - 11:20 GMT

The project comes to support efforts and developmental programs implemented in Upper Egypt, Molla said.

Oil Ministry: $2.8B value of investment costs of three refining projects

Wed, 24 Jun 2020 - 12:30 GMT

Molla said in a statement that they discussed three major oil refining projects in Alexandria, Assiut and Suez at an investment cost of about $2.8 billion.

Petroleum minister: 12 new investment agreements worth $1B

Sun, 21 Jun 2020 - 12:20 GMT

The agreements are to be referred to the parliament for further discussions on required legal measures pertaining to bringing them into action.

Egypt announces new oil discovery in south of Suez Gulf producing 2K b/d

Thu, 18 Jun 2020 - 11:46 GMT

The new discovery comes with an initial production rate of 2,000 barrels per day of crude oil, and it is estimated that there are about 70 million barrels of recoverable crude oil.

Egypt's Parliament may summon FM over kidnap, torture of expats in Libya

Wed, 17 Jun 2020 - 02:03 GMT

A parliamentarian questions the reasons behind not kicking out the ambassador of the Tripoli-based interim government in Cairo.

Ministry reveals projects accomplished in Egypt's natural gas sector over 10 months

Sat, 23 May 2020 - 12:40 GMT

The Ministry of Petroleum released a report indicating the projects accomplished in the natural gas sector from July 2019 until April 2020.

Egypt multiplies crude oil imports in January, February

Tue, 19 May 2020 - 01:18 GMT

In light of the decline of oil prices, Egypt increased its crude oil imports in the first two months of 2020.

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