- 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
Aramco CEO: Saudi Arabia to raise oil production capacity to 13 million barrels per day
Mohamad Salem – 9 September 2020 Amin Al-Nasser, the CEO of Saudi Aramco said that the giant company is working to increase its oil production capacity by one million barrels per day to reach...
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Mexico is forced to reduce crude oil production targets for 2021 in its new budget plan
In the new budget plan, the state-owned Petroleos Mexicanos, known as Pemex, is expected to lower its crude oil production targets for 2021 due to continuing troubles at the company (according to...
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Saudi Arabia: Aramco discovers two new oil and gas fields in northern parts of Saudi territories
4 Sept. 2020 The kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman that Saudi Aramco discovered two oil and gas fields in northern parts of Saudi...
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Iraq cuts its oil production by 400,000 barrels per day in August 2020
4 September 2020 Iraq confirmed that it would implement additional cuts to its oil production by about 400 thousand barrels per day in August to compensate for surplus production in the previous...
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OPEC Reiterates Importance of Attaining Full Conformity for Market Stability
The 21st Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday 19 August 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi...
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Leading Oil and Gas Event in Russia for Professionals Across the World
Despite the difficult situation, industry leaders and experts are even more eager to gather, network, exchange ideas and find answers to their questions. This year, the Society of Petroleum Engineers...
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Iraq is about to sign a MoU with Chevron for oil exploration in Dhi Qar Governorate
24.8.2020 Two years ago, Chevron had begun talks with Iraq to explore oil in Dhi Qar province. These talks have recently resumed with officials of the Iraqi Oil Ministry. In case of an agreement, the...
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The United States is considering expanding oil sanctions on Venezuela
24.8.2020 According to Bloomberg sources, the Trump administration is considering measures to impose additional sanctions on Venezuela. The measures may target crude oil swaps with companies in Asia...
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Saudi Aramco canceled an investment of $ 10 billion in a refinery in China
24 August, 2020: The Corona virus epidemic caused the collapse of oil prices, and a decline in energy demand, which resulted in a review of the feasibility of energy companies’ projects around...
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Iraqi Oil Minister: We could raise oil production to 7 million barrels per day by 2025
24 August, 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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