- BP signs deal to drill five gas wells offshore Egypt
- Iraq Discusses Establishing Oil Pipeline from Basra to the Sultanate of Oman
- QatarEnergy Signs Long-Term Helium Supply Agreement with Germany’s Messier
- Kuwait Considers Leasing 13 Pipelines to collect Up to $7 Billion
- Oman: OQ Exploration and Production Looks to Unveil New Projects
- Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.
- Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.
- Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.
- Egypt Signs Solar Energy Project with UAE, Bahrain, and China
- Libya Cooperates with the United States to Develop the Oil and Clean Energy Sector
Oil
BP to face its losses due to Corona by cutting investment and employment
With the exacerbation of the Corona crisis, continuing for a long time and spreading all over the world, BP expected a decrease in crude oil prices for decades to come. Therefore, the company...
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South Sudan: Oil production fell to 175,000 barrels per day, and the licensing round was mandatory postponed to 2021
Oil production in southern Sudan has been affected by the Corona virus. The production has decreased to 175 thousand barrels per day currently. A senior oil ministry official says that restricting...
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UAE – ADNOC focuses on achieving smart and sustainable growth And continues to enhance flexibility
Abu Dhabi News Agency reported that Sultan Al Jaber, Minister of Industry and Advanced Technology and CEO of ADNOC and its group of companies, affirmed that ADNOC will continue to focus on improving...
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Libya – Increasing in oil production after the lifting of force majeure in the Sharara oil field
Libya’s National Oil Company (NOC) has announced that the force majeure at Sharara oilfield has been lifted with immediate effect and that production has resumed since the October 11, 2020. This...
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OPEC Secretary General Muhammad Barkindo: “The dark clouds of the Corona epidemic are still hanging over us, compounding the human tragedy and economic uncertainty”.
A panel of the OPEC+ group was discussing some days ago the current major downside risks to oil prices, the return of oil supply from Libya and the rising coronavirus cases that threaten oil demand...
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Kuwait Oil Company exports large shipments of its strategic heavy oil project
Despite the challenges that heavy oil poses to companies and producing countries, due to the difficulty of extracting it and the complexities that characterize its reservoirs, Kuwait Oil Company is...
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UAE: Huge foreign investment projects in ADNOC’s infrastructure
In one of the largest global energy infrastructure transactions that will give a strong impetus to strategic projects in the UAE, ADNOC has entered into an agreement with a consortium of major global...
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Libya NOC Calls for Demilitarization of Oil Installations
20 Sept., 2020 The “National Oil Corporation” in Libya appealed to all the conflicting parties calling on them to “demilitarize the oil facilities” so that their workers can...
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Iraqi Oil Minister: We could raise oil production to 7 million barrels per day by 2025
19 Sept., 2020 The Iraqi News Agency published statements by the Iraqi Oil Minister, Ihsan Abdul-Jabbar, which included that Iraq currently has a production capacity of 5 million barrels per day,...
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Suadi Arabia: Temporary postponement of plans to increase oil production capacity
17 Sept., 2020 Saudi Aramco had received a directive from the Ministry of Energy to increase its Maximum Sustainable Capacity (MSC) from 12 million barrels per day to 13 million barrels per day....
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