Oil & Gas News
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Subsidiary of Egyptian energy TAQA Arabia opens first natural gas station in Tanzania
TAQA Dalbit, a subsidiary of Egyptian energy company TAQA Arabia, opened in Tanzania the country’s first natural gas fueling station and conversion.
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Capricorn Energy delays operations update as talks with Egypt continue
The company, which is revamping its strategy to focus on its Egyptian assets after two shareholder revolts over merger plans.
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Revolutionizing Egyptian oil exploration
In the vast expanse of Egypt's Western Desert, a hidden treasure of oil and gas resources lies in wait, largely untapped until now.
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Egypt, Venezuela discuss cooperation opportunities in oil, petrochemical sectors
The Venezuelan Minister expressed his satisfaction with the “fruitful meeting” he had with several Egyptian petroleum companies.
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Egyptian company invests over $640mln in gas development projects
The projects were reviewed on Tuesday by the general assembly of EGAS, which comes under Oil and Mineral Resources Ministry.
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Huawei inks 3 deals to support digital transformation in Egypt’s petroleum sector
The cooperation agreement will see the implementation of on-the-job training programs.
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Dana Gas to invest $80-100mln in Egypt
The firm, which operates in Egypt, Iraq and other countries, is also planning to drill 11 new oil wells in Egypt as part of its expansion plan.
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Egypt Imports Rare LNG Cargo Amid Scarcity of Israeli Gas
Egypt receives a scarce LNG shipment at Ain Sukhna Terminal due to a shortage in Israeli supplies. This comes as the country encounters continuous power outages, leading the government to search for other resources.
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Egypt decreases power cuts duration as natural gas supplies ramp up
The Egyptian government decreased the duration of power cuts in the country from two hours to one hour after natural gas supplies increased slightly.
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Egypt hikes up gasoline prices
Egypt's Automatic Pricing Committee for Petroleum Products has decided to increase gasoline prices across the board starting Friday.
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Mideast War Turns Spotlight on Arab Gas Pipeline
Despite the Mideast conflict, regional oil and gas flows remain uninterrupted. However, key infrastructure like the Arab Gas Pipeline is under scrutiny.
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Egypt completes refining projects worth $5.3bln
“There was a large decline in imports although domestic demand increased from around 20 million to 23 million tonnes per year,” the Minister said.
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Wintershall Dea announces first gas from ED2-X well in Egypt
The ED-2X ST1 well is situated roughly 3km away from the Disouq field, where EGAS and Wintershall Dea are operating the DISOUCO joint venture.
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Egypt cuts natural gas supplies to fertilizers firms by about 30%
This decision was made after the Egyptian government announced that Israeli gas exports to Egypt plunged to zero from 800 million cubic feet per day.
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European gas prices rise on fears of pause in Egypt LNG exports
European gas prices have spiked steeply due to a complex of factors, including reports that Israel had stopped exporting natural gas to Egypt.
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Egypt's natural gas imports drop to zero from 800 mcfd - cabinet
Egypt’s natural gas imports fell to zero from 800 million cubic feet (mcf) per day, leading to more power cuts, the Egyptian cabinet said.
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Geopolitical tensions propel natural gas prices to 8-month high
Natural gas prices experienced a significant surge to an eight-month high due to geopolitical tensions and uncertainty stemming from the war.
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Egypt to build sustainable aviation fuel plant
Egyptian Oil Minister Tareq Al-Mulla discussed the possible partnership with Honeywell executives in Cairo.
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Enppi, OAPEC sign partner to enhance technical skills across petroleum sector
Enppi and OAPEC ink deal to share knowledge and training in the petroleum industry, boosting cooperation between Egyptian companies and international organizations.
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Petroleum Min. Discusses with "Honeywell" Production of Sustainable Aviation Fuels
The production capacity of the project is estimated at 120,000 tons annually of sustainable aviation fuel product.