Reports

Egypt Hails Damietta LNG Return, but Short-Term Impact Likely Muted

The loading of an LNG cargo at Egypt 5 million mt/year Damietta LNG plant on Feb. 22 marked the return to operations

Ahmed Zaki Yamani, Key To Making Saudi Arabia A World Oil Power, Dies At 90

Sheikh Ahmed Zaki Yamani, Saudi Arabia long-serving oil minister who was instrumental in catapulting the kingdom into the energy powerhouse it is today, has died in London. He was 90 years old.

Wintershall Dea,Strong Performance Despite Difficult Environment

In a challenging market environment, Wintershall Dea ended the 2020 fiscal year with strong operational momentum

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

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.

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.

TAQA Arabia IPO May Stretch Beyond Q1 of 2022

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

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.