Energy
Iraq plans to increase its oil export capacity to 6 million barrels per day

Iraq currently has a production capacity of 5 million barrels per day, and this capacity allows it to export more than 3 million barrels per day. Iraq is the second largest producer of crude oil in...

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Qatar Petroleum makes a final investment decision to go ahead with the world’s largest LNG project

While new energy projects are shrinking worldwide due to lower demand with the circumstances of the spread of the Corona virus, the government company “Qatar Petroleum” took a final...

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The Saudi Minister of Energy warns against complacency in the production cuts, stressing that collective action is necessary to face the challenges

His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, affirmed that the historical production adjustments made by OPEC producing countries and producing countries...

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Egypt starts its first global bid for oil and gas exploration through the digital portal

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, gave the Egyptian Upstream Gateway “EUG” the signal to start the actual operation, via video conference.  ”...

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Japan’s Cosmo strengthens its partnership with ADNOC and the Abu Dhabi government in offshore exploration operations

The Abu Dhabi National Oil Company (ADNOC) announced the signing of an oil and gas exploration concession agreement, under which the Cosmo Offshore Exploration and Production Company Limited, a...

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Iraq: The Prime Minister stresses the importance of rationalizing the investment of financial resources obtained from the oil prices increase

Prime Minister Mustafa Al-Kazemi held a meeting with the Finance Committee to discuss the financial budget in light of recent price developments in the global market. At the meeting, Al-Kazemi...

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Mubadala Petroleum wins a contract for oil and gas exploration in the Red Sea, Egypt

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources in Egypt, signed a concession agreement for oil and gas exploration in “Sector 4” in the deep waters of the Red Sea,...

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ليبيا: إنتاج النفط يتعافي تدريجيا ليبلغ 1.3 مليون برميل يوميا، واستمرار التحسن مرهون بالاستقرار والميزانية

في منتصف يناير 2021، صرح رئيس المؤسسة الوطنية الليبية للنفط مصطفي صنع الله أن إنتاج بلاده من النفط يمر الآن...

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Kuwait Oil Company achieves three new oil discoveries

According to what was published by the Kuwait News Agency, the Minister of Oil and Minister of Electricity and Water in the State of Kuwait, Dr. Muhammad Al-Faris, announced two new oil discoveries...

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Saudi Aramco to discover four new oil and gas fields

According to the Saudi Press Agency, citing Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz, the Saudi Aramco has discovered four new oil and gas fields.  Non-conventional oil has been...

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