oil
Israel shuts Mediterranean shore after oil devastates coast
Middle East
February 22, 2021
Israel shuts Mediterranean shore after oil devastates coast
JERUSALEM (AP) — Israel closed all its Mediterranean beaches until further notice on Sunday, days after an offshore oil spill…
Petroleum ministry launches tender on new ‘Egypt Upstream Gateway’ digital platform
Business
February 18, 2021
Petroleum ministry launches tender on new ‘Egypt Upstream Gateway’ digital platform
The Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla announced the launch of an international tender for oil and…
Iran asks Indonesia to explain seizure of tanker accused of illegal oil transfer
Middle East
January 25, 2021
Iran asks Indonesia to explain seizure of tanker accused of illegal oil transfer
DUBAI/JAKARTA (Reuters) – Iran has asked Indonesia to provide details about the seizure of an Iranian-flagged vessel, Iranian Foreign Ministry…
Prime Minister: Egypt to be self-sufficient in petroleum products by 2023
Egypt
January 18, 2021
Prime Minister: Egypt to be self-sufficient in petroleum products by 2023
Egypt’s Prime Minister Mostafa Madbouly on Sunday assured that the country will achieve complete self-sufficiency in petroleum products by 2023.…
Ship insurers primed to raise rates after Red Sea attacks
Middle East
January 14, 2021
Ship insurers primed to raise rates after Red Sea attacks
LONDON (Reuters) – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea…
Brent oil rises to highest since February after Saudi Arabia output cut
Middle East
January 6, 2021
Brent oil rises to highest since February after Saudi Arabia output cut
TOKYO (Reuters) – Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make…
OPEC, allies adjourn meeting over oil production levels
Middle East
January 5, 2021
OPEC, allies adjourn meeting over oil production levels
FRANKFURT, Germany (AP) — Members of the OPEC oil cartel and allied countries including Russia on Monday adjourned a meeting…
Iran starts 20% uranium enrichment, seizes tanker in strait
Middle East
January 4, 2021
Iran starts 20% uranium enrichment, seizes tanker in strait
DUBAI, United Arab Emirates (AP) — Iran on Monday began enriching uranium up to 20 percent at an underground facility…
Egypt’s Ministry of Oil signs two Mediterranean and Red Sea production-sharing agreements with Shell
Business
January 3, 2021
Egypt’s Ministry of Oil signs two Mediterranean and Red Sea production-sharing agreements with Shell
The Egyptian Ministry of Oil and Mineral Resources has signed two production-sharing agreements (PSC) with Dutch Oil Company Shell for areas…
Egypt signs 9 oil and gas exploration agreements for Mediterranean and Red seas
Business
January 2, 2021
Egypt signs 9 oil and gas exploration agreements for Mediterranean and Red seas
Egypt’s Minister of Petroleum and Mineral Resources, Tarek el-Molla, signed on Friday nine new agreements to search for oil and…