Tag: gas
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Sierra Week 2023… Oil, gas and energy transition are on the agenda of world leaders
The countries of the world are preparing to discuss developments in the oil, gas and energy industry, during CERA Week 2023, which begins Monday, March 6 (2023), in the United States, specifically in Houston, and lasts for 5 days. The conference provides a comprehensive and integrated framework for understanding the present and future of global…
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US oil and gas companies are competing for the first exploration round in the Gulf of Mexico since 2021
US oil and gas companies are preparing to compete for contracts for the first exploration round in the Gulf of Mexico to be approved by President Joe Biden, after the tours stopped since 2021. The US Department of the Interior has completed the necessary arrangements for holding the new auction to purchase exploration rights in…
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Algeria is studying a deal to export oil and gas to Jordan
Algeria is considering exporting oil and gas to Jordan, to secure part of its needs, with the growing demand for fuel locally. In this context, the Algerian Minister of Energy and Mines, Mohamed Arkab, said, during his meeting with a Jordanian parliamentary delegation: that his country is serious about studying the possibility of supplying Jordan…
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Azerbaijani oil and gas exports noticeably increased in January
Azerbaijan’s oil and gas exports increased significantly last January, supported by increased demand in Europe. Many European countries are counting on Azerbaijan to meet part of their energy demand, to compensate for the lack of Russian supplies. The European Union signed agreements, during the past year (2022), aimed at increasing the supply of Azerbaijani oil…
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EGYPS 2023.. Egypt plans to drill 300 wells for oil and gas exploration
Egypt seeks to develop its energy sector. Today, Sunday, February 12, Minister of Petroleum and Mineral Resources Tariq Al-Mulla – during his speech following the presidential opening of the EGYPS 2023 conference – unveiled a plan to drill more than 300 exploratory wells. Al-Mulla explained that Cairo has already started communicating with global partners, and…
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The oil and gas swap deal between Russia and Iran reaches the stage of “technical details”
The oil and gas exchange deal between Russia and Iran is witnessing new developments, as Deputy Prime Minister Alexander Novak announced that representatives of the two countries are discussing technical details about the deal, including Tehran’s proposal to transfer supplies. The Russian official described the deal as a “promising project”, as Iran is seeking by…
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4 oil and gas discoveries in just 24 hours… and huge gas reserves
The past 24 hours witnessed the announcement of 4 oil and gas discoveries, by major international companies, in support of the growing demand for fossil fuels. Today, Thursday, February 9 (2023), the Norwegian company Equinor announced a new oil and gas discovery near the Troll field in the North Sea. It is the seventh in…
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Announcing the latest numbers of oil and gas reserves in Mauritania
A workshop organized by the Ministry of Petroleum, Mines and Energy in Nouakchott revealed the latest numbers of oil and gas reserves in Mauritania. The workshop aimed to present the results of the “promotion and communication” strategy that supports the development of oil and gas projects in Mauritania, according to data seen by the specialized…
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Azerbaijani gas is a haven for Romania to dispense with Russian supplies
Romania signed an agreement to obtain supplies of Azerbaijani gas in order to secure its fuel needs in light of the efforts of European countries to dispense with Russian supplies. The agreement, which was signed by the Azerbaijani oil company SOCAR and the Romanian company Romgaz, includes the transfer of one billion cubic meters of…
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Mauritania grants Total Energy the rights to explore for oil and gas in the coastal basin
Mauritania granted Total Energy the rights to explore for oil and gas in block C15 in the coastal basin, as part of its strategy to develop its hydrocarbon resources. The Ministry of Petroleum, Minerals and Energy said that the Council of Ministers approved, during its meeting yesterday, Thursday, in the city of Rosso, a draft…