Egypt is executing eight new projects worth more than $5 billion as part of its strategy to modernize the country's oil sector, with a focus on refining and manufacturing expansion. According to a statement, Egypt's Ministry of Petroleum and Mineral Resources further revealed that it is accelerating

Colombia's crude oil production rose 4 percent in April from a year earlier, the Colombian government said Thursday.Colombia's oil production averaged 782,277 BPD in April and 752,079 BPD for the same period in 2022, the Ministry of Mines and Energy said in a statement.Colombia produced 1.028 billio