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Daily Energy Overview, Tuesday, February 01, 2011
Oil prices retreated on Tuesday as the second-largest oil consumer in the world, China, has seen its factory growth plunging to a five-month low, indicating demand may not augment as rapidly as expected, and amid concerns that disorder in Egypt could endanger the stability of the Middle East and interrupt oil shipments from the region, though keeping Brent above $100.
read more... 01/02/2011
Ukraine’s Naftogaz sealed a deal with Egyptian authorities upon oil fields.
Egypt's Prime Minister, Ahmed Mohamed Nazif, was cited by a Ukrainian press agency announcing that the Ukrainian company, Naftogaz Ukrainy, received the green light for the exploration and extraction of oil in Western Sahara.
read more... 29/11/2010
Eni’s gas field Tuna in Egypt starts operating
Eni, the Italian energy company, announced the inauguration of its gas field in Egypt, the Tuna field.
read more... 22/07/2010
BP sells North American assets
BP initiated a massive sale of its assets in Canada, USA, and Egypt, to the rival company Apache.
read more... 22/07/2010
Enel searches new opportunities in Egypt
Egypt's Ministry of Petroleum and Enel, Italy's biggest oil and gas utility, agreed on Tuesday on a deal regarding Enel’s oil and gas exploration in Egypt, in order to expand and to increase its resource supplies.
read more... 19/05/2010