Tag: gas
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Libya is preparing to launch a new licensing round for oil and gas after a 16-year hiatus
Libya is preparing to launch a new licensing round for oil and gas in 2024, after a hiatus of more than 16 years due to the political and security upheavals that the country has suffered from. The head of the National Oil Corporation, Farhat bin Qadrara, revealed during his participation this week in the “Sira…
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Oil and gas exploration in Egypt is actively boosted by 6 international companies
The oil and gas exploration sector in Egypt witnessed intense activity today, Thursday, March 9, during the participation of Minister of Petroleum and Mineral Resources Eng. Tarek El-Molla, in the Cerawick International Energy Conference in Houston, USA. On the sidelines of the conference, Al-Mulla held meetings with leaders of 6 international oil and gas companies…
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The Egyptian Minister of Petroleum discusses oil and gas developments with industry leaders (photos)
On the sidelines of his participation in CERA Week 2023, held in the American city of Houston, the Egyptian Minister of Petroleum, Eng. Tarek El-Molla, met with a number of senior US officials and heads of international companies working in the field of oil and gas. Al-Mulla held discussions throughout Monday, March 6 (2023), which…
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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…
