Energy
Overview of the LNG Latin American market

Natural gas is the purest and cleanest fossil fuel that exists, it generates fewer emissions than other fossil fuels, making it an environmentally friendly fuel, it has approximately 30% less carbon...

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Norway’s Minister of Oil to lead her country to become a model in reducing emissions.

In January 2020, Tina Bru was appointed as Minister of Oil and Energy in Norway. She stated after her appointment that she plans to develop renewable energy with the aim of pushing Norway to become a...

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Angola: expectations for an increase in oil production to 1.9 million barrels per day in 2022

Angola joined OPEC in 2007 and is considered the second largest oil producer in Africa after Nigeria. Its proven oil reserves are estimated at 8.5 billion barrels, while its annual production rate is...

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The United Arab Emirates: The discovery of natural gas in large quantities in the region of “Jebel Ali” in the Emirate of Dubai

At the beginning of February 2020, the UAE announced its discovery of the “Jebel Ali” field located between Abu Dhabi and Dubai, which is one of the largest natural gas fields in the...

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Egypt: New agreement for oil and gas exploration in the Nile Delta with the German company, Wintershall DIA

The Egyptian Ministry of Petroleum announced on Monday that it has signed a new contract to explore for oil and gas in the Nile Delta with the German company Wintershall DIA, with investments more...

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Oman Supports Deeper Oil Output Cut in (OPEC+)

Omani Oil Minister Mohammed bin Hamad Al-Rumhi said on Saturday 8 February 2020 that his country supports the recommendations made by the technical committee in (OPEC +, which is OPEC and its allies...

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Egypt Signs five Cooperation Agreements in Oil and Gas Field

Egypt signed a number of agreements on Wednesday, February 11, 2020 during the Egypt International Petroleum Exhibition (EGYPS) held in Cairo, where Minister of Petroleum and Mineral Resources Tariq...

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Egypt signs 9 new oil and gas exploration and production agreements in the Mediterranean and Western Sahara regions

Egyptian Oil Minister Tareq El Mulla signed nine agreements to explore for and produce oil and gas in the Mediterranean and Western Sahara regions on Monday, January 20, 2020, according to...

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OPEC production expected to decline in 2020 due to the spread of Corona virus in China

The US Bloomberg agency said in its report published on Sunday, 2nd February 2020 that the Organization of Petroleum Exporting Countries “OPEC” has to reduce its production to overcome...

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Chevron expects to restore production of the neutral zone between Kuwait and Saudi Arabia within 12 months

After four and a half years, the Wafra oil field is set to resume production soon. Ed Colina, Chevron Operations Advisor, speaking at a technical session at the International Petroleum Technology...

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