Tag: year
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23 oil and gas discoveries in Algeria within a year and a half
The year 2022 and the first half of this year 2023 witnessed the achievement of 23 oil and gas discoveries in Algeria, in achievements that shed light on the Algerian energy sector’s continuous activity in various fields. The disclosure of this information came during a press conference organized by the Algerian company Sonatrach on Monday,…
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Iraq announces the signing of a memorandum declaring the establishment of OPEC in Baghdad for the year 2023
The Iraqi Ministry of Oil announced the signing of a memorandum declaring the establishment of OPEC in Baghdad for the year 2023, during the celebration of the anniversary of the founding of the Organization of Petroleum Exporting Countries, in the presence of a large group of ministers and representatives of member states, today, Friday, June…
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Holding the first oil and gas tenders in America after delays that lasted nearly a year
Yesterday, Thursday, May 25 (2023), the first tenders for the sale of oil and gas exploration concessions in America were held, after delays of nearly 11 months, generating nearly $80 million for federal coffers. It is the second auction of its kind to be held in New Mexico – the second largest oil-producing state in…
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Fuel prices in the Arab countries a year after the Ukraine war.. Egypt and Algeria are the cheapest
The Ukraine war, which took place a full year ago, had a major impact on global oil and gas prices. This was reflected in fuel prices in the Arab countries. Including those that produce oil and gas, and do not face direct threats related to energy shortages. The Russian invasion of Ukraine, on February 24…
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Fuel prices in Morocco… a year of war, high prices and protests (report)
The war in Ukraine, which began in February (2022), had a significant impact on fuel prices in Morocco, among other Arab countries that were strongly affected by the crisis caused by the confusion and uncertainty about supply in the markets. The fuel markets in Morocco received a strong shock with the rise in international oil…
