Transport of Petroleum Products Cost EGP 27.5bn in 2020

The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced that the total cost of transporting petroleum products

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Dana Gas Delivers Resilient Operational Performance in 2020

Dana Gas, the Middle East largest regional private sector natural gas company, reported a net profit of $36 million (AED131 million) for 2020 versus $88 million (AED322 million) in 2019.

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Brent Near $60 as OPEC+ Cuts Tighten Oil Market- Graphs

Brent crude prices are approaching $60 a barrel, a one-year high, driven in large part by OPEC+ cuts that are set to keep the oil market in deficit this year.

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TAQA Arabia IPO May Stretch Beyond Q1 of 2022

TAQA Arabia IPO plans have been shelved at least for the next five quarters.

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SDX Energy sets production guidance, new well programmes

SDX Energy Plc has set its 2021 production guidance at 5,620 to 5,920 barrels oil equivalent and said it plans to spend some US$25mln to US$26.5mln of capex.

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Egypt To Resume LNG Exports As Prices Rise

From March 2020 up until November 2020 only one cargo of Egyptian LNG has left the country on the back of anemic demand and plummeting prices all across the globe – a grueling course of events for a country wielding 12.2mtpa of liquefaction capacity

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TransGlobe Output Inches up in Q4, Finishes 2020 below Guidance

TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces an operations update.

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Chevron posts profit on deep cost cuts, third-quarter results

Chevron Corp on Friday reported an adjusted third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating results.

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