Qatar Energy Minister Predicts OPEC Oil Price Rebound
Tuesday, 13th October 2015
US News & World Report cited Qatar's Energy and Industry, Minister Mohammed bin Saleh al-Sada as saying that oil prices have bottomed out ahead of an expected meeting of OPEC members and other oil producers later this month in Vienna.
Fright Rates Increase for East of Suez Dirty Tankers
Monday, 18th May 2015
Freight rates for dirty tankers in the East of Suez market have gone up sharply to hit their highest level so far in 2015 last week, amid strong demand to move crude and fuel oil and spike in interest for floating storage, said sources Monday.
CHECKMATE: ENI SHAKES UP THE MEDITERRANEAN STATUS QUO
Thursday, 8th October 2015
Sometimes in life, as in chess, a single movement may determine the outcome of an entire game.
In this sense, Eni’s discovery of massive gas deposits in Egypt could be the checkmate that Israeli gas exports have long anticipated –and dreaded–. With a Queen who can now move more freely than ever on the chessboard, the question is now focused on how Israel will react to the threat.
UNLOCKING EGYPT’S ENERGY POTENTIAL
Sunday, 13th September 2015
The industry often gets a glimpse of how the state views the it, its challenges and its future; however, rarely does the government present a completely unified outlook of how the industry is viewed and how it plans to deal with challenges in the future. During an event organized by the British Egyptian Business Association (BEBA) Sherif Ismail, Minister of Petroleum and Mineral Resources presented the state’s view of the current challenges the industry faces, as well as the steps necessary to unlock Egypt’s energy potential.