Eastern Mediterranean Gas: Increasing Discoveries, Demand and Interest

Our readers are Instagram users You can now follow the latest news for free through our Instagram accountClick here to subscribe Interest in eastern Mediterranean gas increased during the year 2022; Due to the high European demand following the embargo imposed by these countries on Russian oil supplies, due to the invasion of Ukraine. What … Read more

QatarEnergy and Chevron Phillips agree to create a $6 billion petrochemical venture

The Qatari national oil and gas company QatarEnergy and the US-Dutch corporation Chevron Phillips have signed an agreement to build a Ras Laffan Petrochemicals plant for the production of petrochemicals. Its cost is estimated at $6 billion, RIA Novosti reports with reference to the press service of QatarEnergy. The company said that Ras Laffan Petrochemicals … Read more

US stock exchanges close slightly in the black – Tesla shares lose value again

Düsseldorf According to new economic data, the US stock exchanges closed slightly higher on the last trading day before Christmas. The Dow Jones index of standard values ​​closed 0.5 percent higher at 33,203 points on Friday. The tech-heavy Nasdaq advanced 0.2 percent to 10,497 points. The broad one S&P 500 increased 0.6 percent to 3844 … Read more

Minister of Petroleum: Announcing the discovery of the “Narges-1 X” gas well in the Mediterranean soon

Engineer Tarek El-Molla, Minister of Petroleum and Mineral Resources, said that the coming period will witness the announcement of the discovery of a new gas well called “Narges-1 X” in the Mediterranean Sea, in the concession area granted to the Italian companies Chevron, Eni and the Egyptian Tharwa. This came during statements on the sidelines … Read more

American energy giant Chevron announces the discovery of a gas well near Arish

The “MEES” website, which means oil and economic forecasts in the Middle East, revealed that Chevron, the American gas and petroleum giant, announced the discovery of a new gas well called “Narges-1 X”, in the offshore Narges area near Al-Arish. The Nargis well (in which Chevron operates at 45%, Eni at 45% and state-run Tharwa … Read more

The “old economy” wins.. the performance of the oil giants outperforms the technology tycoons

Exxon and . announced“Chevron” And “Shell” Plc and “TotalEnergies SE”, during the past week, reported record profits. All companies expanded their share buybacks except for Exxon, which tripled its buybacks earlier in the year. Read also: Due to lack of supplies .. “Apple” expects its sales to decline by $ 8 billion in the next … Read more

“ExxonMobil” and “Chevron” achieve record profits with the rise in oil

The two giant American oil companies, “Exxon Mobil” and “Chevron”, achieved record profits in the second quarter of this year, at a time when the administration of President Joe Biden blames them for not making enough efforts to limit the rise in prices at gas stations. With the sharp rise in oil prices to more … Read more