Oil News

  Dell Technologies signed a Memorandum of Understanding (MOU) with Hassan Allam Holding at Dell Technologies Forum in Cairo on October 8th. Through this agreement, Dell will provide services and solutions across servers and storage and potentially extend the collaboration to include client, backup, and recovery solutions. The MoU was signed by Tarek Heiba, Managing Director, Egypt at Dell Technologies …

Eng. Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, took part in the 46th session of the African Petroleum Producers Organization (APPO) Council of Ministers held in Yaoundé, Cameroon. This significant meeting brought together eight Petroleum and Energy Ministers from APPO member countries to discuss critical issues shaping Africa’s oil and gas sector. The ministerial meeting reviewed the organization’s …

In Conjunction with World Energy Day 2024: Dubai Supreme Council of Energy Launches Fifth Edition of Emirates Energy Award 2025 in Cairo Cairo, Egypt, October 21, 2024: Coinciding with World Energy Day 2024, the Dubai Supreme Council of Energy announced today (Tuesday, October 22) the launch of the fifth edition of the Emirates Energy Award 2025 in Cairo. Held under …

His Excellency Eng. Karim Badawi, Minister of Petroleum and Mineral Resources emphasized AMOC’s pivotal role in fulfilling the local market’s needs for petroleum products and base oils, particularly fuel oil blend to support power stations and contribute to reducing import costs. This acknowledgment came during His Excellency’s remote participation via video conference at AMOC General Assembly today, the 21st of …

• Eng. Ahmed El Sewedy: “By localizing strategic industries, we strive to unlock avenues for exports, further solidifying Egypt’s position in the regional food security landscape.” • Mr. Samuel Schär: “Combining ELSEWEDY ELECTRIC’s established strength with Bühler’s state-of-the-art solutions, our efforts will unveil innovative solutions.” • Eng. Akram Khreis: “Driven by a shared vision of enhancing efficiency and expanding reach, …

Announcing Sustainable Academy Industrialization & Energy Services Company (TAQA) Reaffirms Commitment to Net Zero Ready Workforce at EGYPES 2024 Cairo, February 2024: Industrialization and Energy Services Company (TAQA) unveils its robust plan to nurture an ecosystem of dynamic workforce and talents, adept at navigating the evolving energy landscape. As a frontrunner in the industry, TAQA aligns with the global shift …

  As the cornerstone for global energy dialogue for Africa and the Mediterranean, EGYPES 2024 is set to open its doors from 19–21 February 2024 in Cairo, Egypt. Under the distinguished patronage of His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, the Egypt Energy Show (EGYPES) 2024 is poised to open its doors next February, …

Demonstrating a firm commitment to Egypt’s Nationally Determined Contributions and its ambitious target of reducing greenhouse gas emissions by 65% by 2030, the Egyptian Ministry of Petroleum and Mineral Resources announces the launch of the region’s first CLIMATECH Challenge at the seventh edition of the Egypt Energy Show (EGYPES), taking place in Cairo from 19-21 February 2024. The CLIMATECH Challenge …

  JOINT VENTURE OF WINTERSHALL DEA AND EGAS FIRST TO ACHIEVE ZERO ROUTINE FLARING IN EGYPT • Wintershall Dea’s and EGAS’ DISOUCO Joint Venture achieves a ‘first’ for the upstream industry in Egypt • Achievement follows October 2022 letter of intent for emission reduction • Another step forward for Wintershall Dea’s Energy Transition Pathway •Wintershall Dea and its partner, the …

In a media roundtable today, Wintershall Dea CEO Mario Mehren reported the company’s operational and financial results from the second quarter. The company reported stable production at 322,000 barrels of oil equivalent per day in Q2 2023, up three per cent year-on-year. EBITDAX was at 975 million euros, 24 per cent lower year-on-year, reflecting significantly lower prices. Looking ahead to …