oil

Libyan government source: We are ready to provide Egypt's oil needs

Wed, 21 Oct 2020 - 09:54 GMT

This comes after the recent crisis caused by Saudi Aramco that sent its oil pledges to the Egyptian Ministry of Petroleum for the month of October.

Egypt exports to Jordan 3.64B cubic meters of gas in 2019 through Arab Gas Pipeline

Tue, 20 Oct 2020 - 01:13 GMT

The quantity was exported by Edco Liquefaction Factory.

Minister displays Egypt's economic performance during COVID-19 crisis in IMF, WBG meetings

Sun, 18 Oct 2020 - 12:59 GMT

In one of the 2020 Annual Meetings of the International Monetary Fund and the World Bank Group, Minister of Finance Mohamed Mait displayed figures on the performance of the Egyptian economy during the COVID-19 crisis and plans for the future.

Field producing third of Libya's oil resumes operation

Mon, 12 Oct 2020 - 09:45 GMT

The reserves of Al Sharara are estimated at three billion barrels, according to Sky News Arabia.

Haftar orders resumption of domestic flights for oil companies

Fri, 25 Sep 2020 - 10:52 GMT

Ibrahim al-Faidi said Haftar's decision was meant to transport staffers and users of oil companies.

Egypt becomes active player in oil, NATGAS in region: French Amb.

Thu, 24 Sep 2020 - 02:20 GMT

He stressed that Egypt has great ambitions to become a regional energy hub.

Libyan National Oil Corporation estimates daily production next week at 260K barrels

Tue, 22 Sep 2020 - 11:29 GMT

On September 28, a deal was reached to resume oil production and export.

Resumption of oil production deal between Libyan army, interim government rejected by advisory council chair

Mon, 21 Sep 2020 - 12:45 GMT

The disagreement between Meshry and Maiteeq is not the first within the GNA.

Egypt signs 8 gas exploration contracts worth $934M over 15 months

Sun, 20 Sep 2020 - 07:33 GMT

Sixth others – worth $731 million - are underway.

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.

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