Tag: energy sector

CAIRO: A major oil discovery has been reported in the West Fewebs-1 area of Egypt’s Western Desert, located within the Kalabsha Development Area in Egypt. The company drilled 270 feet into the Paleozoic sands, resulting in a production test of 7,165 barrels of oil per day with a quality of 44 degrees and 23 million […]

NEW DELHI: India is inviting global investment to explore $100 billion worth of opportunities in its energy sector by 2030, says Hardeep Singh Puri, the Minister of Petroleum and Natural Gas. Puri shared that the government wants to expand the area for oil and gas exploration to one million square kilometers by 2030. “Right now, […]