N.Africa
2020, December, 10, 11:50:00
U.S. LPG FOR ASIA IS STABLE
The ample US shipments come as Chinese petrochemical sector demand for propane feedstock held firm amid high domestic prices of propylene,
2020, December, 4, 12:15:00
LNG FOR EGYPT
The government of Egypt, the Egyptian General Petroleum Corporation (EGPC), and the Egyptian Natural Gas Holding Company (EGAS) have reached an agreement with the Italian and Spanish gas groups Eni and Naturgy to restart the 7.56 bcm/year (5.6 Mt/year) Damietta gas liquefaction plant in northern Egypt.
2020, November, 9, 13:15:00
LIBYA OIL PRODUCTION 1 MBD
The extra Libyan supply means OPEC+ will have to make some difficult choices as it heads to its formal meeting on Nov 30 – Dec. 1.
2020, October, 29, 17:05:00
U.S. GDP UP 33%
U.S. Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020
2020, October, 27, 14:25:00
LIBYAN OIL RECOVERY
Libya's crude and condensate output has more than quintupled over the past month, averaging just close to 600,000 b/d on Oct. 26 as more oil fields in the southwest and southeast have restarted operations, sources added.
2020, October, 12, 11:45:00
LIBYA'S OIL UP
Libya was producing around 300,000 b/d at the end of last week as a handful of fields in the eastern Sirte Basin have restarted,
2020, September, 23, 14:55:00
EAST MEDITERRANEAN GAS
The importance of the East Mediterranean's gas importance came to the fore in 2015 with ENI's discovery of the 30 Tcf supergiant Zohr field, helping bring the North African country back to self-sufficiency in gas in 2018.
2020, September, 21, 12:15:00
EGYPT GAS PRODUCTION UP
Egypt's gas fortunes turned around in 2015 when Italy's Eni discovered the 30 Tcf supergiant Zohr field in the Mediterranean, helping bring the North African country back to self-sufficiency in gas.
2020, August, 28, 15:00:00
NUCLEAR POWER FOR EGYPT
The Nuclear Power Plants Authority (NPPA) of Egypt plans to issue a licence to build the first unit of El Dabaa nuclear power project.
2020, August, 26, 12:55:00
U.S. ECONOMY RECESSION
The U.S. economy slipped into recession in February. Gross domestic product contracted in the second quarter at its steepest pace in at least 73 years.
2020, July, 2, 11:10:00
DEBT FOR EGYPT: $5.2 BLN
The IMF approved a 12-month Stand-by Arrangement (SBA), with total access of about US$5.2 billion to address balance of payments financing needs arising from the COVID-19.
2020, May, 18, 08:40:00
U.S. GAS PRODUCTION WILL DOWN
U.S. dry natural gas production set a record in 2019, averaging 92.2 Bcf/d. EIA forecasts dry natural gas production will average 89.8 Bcf/d in 2020, with monthly
production falling from an estimated 93.1 Bcf/d in April to 85.4 Bcf/d in December.
2020, April, 7, 11:45:00
RUSSIA'S NUCLEAR FOR EGYPT
ROSATOM’s TVEL Fuel Company, and the Egyptian Atomic Energy Authority have signed 10-years term contract for supply of low-enriched nuclear fuel components,
2020, April, 2, 15:00:00
ДИАЛОГ РОССИИ, США
Главами энергетических ведомств России и США была отмечена необходимость конструктивного ответа на существующие вызовы и последующее продолжение диалога.
2020, March, 30, 10:15:00
#OilPriceWar LOSSES $192 BLN
Oil exporters in the Middle East and North Africa region will lose $192 billion in crude income in 2020