The fifth field in the offshore project, Raven will significantly boost production of WND

Wintershall Dea and operator bp produce gas from Raven, the fifth field of the offshore West Nile Delta project.

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The Most Anticipated Licensing Round Of 2021

The energy markets have seen several major upsets during the 21st century yet one can state fairly confidently that the market slump of 2020-2021

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New era in oil pricing: What you need to know about UAE ICE Murban Futures

Abu Dhabi has started trading its Murban oil futures contract today, aiming to consolidate UAE position as a global oil power.

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What a Long Suez Canal Closure Means for the Oil Price

We are probably looking now at the longest ever accidental closure of the Suez Canal, the vital trade link from the Middle East and Asia to Europe and North America, but oil markets aren’t blinking.

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Turkey Looks To Improve Energy Relations With Egypt

Ever since the attempted coup in Turkey of 2016, Ankara has become more assertive regarding its near abroad foreign policy.

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Oil prices bounce as ship mishap blocks Suez Canal

Oil futures rose Wednesday, partially recovering from a rout in the previous session after a container ship ran aground in the Suez Canal, blocking traffic through the crucial waterway.

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Egypt And Schlumberger Look To Digitalize Oil Production

The digitalization of subsurface information to collect data and improve production techniques could enhance exploration and drilling processes worldwide

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Egypt’s fuel subsidies saw drop by 45% in 1H of FY2020/21, reaching EGP 8.4 mln

Egypt fuel subsidies dropped by 45 percent during the first half (1H) of the current FY2020/2021 to post EGP 8.4 billion (about $538 million)

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