- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
- Libya to target producing 1.4 million b/d by end 2024
- TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
- H.E. Minister Al-Kaabi: Demand for oil and gas will continue for long; we have to be responsible, and Qatar is doing its part
- Egypt to stop exporting LNG starting from the beginning of May 2024
- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
Markets
Saudi Arabia and Kuwait agree to restore shared Oil Production in Neutral Zone
Kuwait and Saudi Arabia agree to stop the political dispute related to oil production from the fields of the Neutral Zone, which lasted for five years, and the agreements paved for the resumption of...
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UAE oil exports rebound to 3.01 million B/D
The UAE’s exports of crude oil and condensates increased in August 2019, with shipments reaching 3.01 million barrels per day compared with 2.71 million bpd in July, Bloomberg News...
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Oil prices are falling due to trade disputes between Washington and Beijing
According to Reuters, oil prices fell after the start of new tariffs imposed by the United States and China, raising fears that this will adversely affect the global growth and reduce the demand for...
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Iraqi crude oil exports 3.6 million barrels per day in August 2019
Iraqi crude oil exports raised to 3.6 million barrels per day in August 2019, from 3.56 million bpd the July, the oil ministry said in a statement. Exports from the southern Basra terminals reached...
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Rapid increases in gas production from the Egyptian «Zohr» field
The Russian energy company Rosneft said that natural gas production from the Egyptian field “Zohr”, which is the largest gas field in the Mediterranean, has more than tripled in the first half of...
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Oil prices towards relative improvement to touch 60$ a barrel
Oil prices recovered after a period of decline, but oil gains were constrained by lower expectations for global demand for the remainder of the year as economic growth slowed. OPEC cited challenges...
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International Energy Agency: America’s largest exporter and China’s largest liquefied natural gas importer in 2024
The International Energy Agency (IEA) has predicted that the United States will become the world’s largest exporter of liquefied natural gas (LNG), while China will become its biggest importer...
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OPEC and its allies sign the permanent “Charter”
A few days ago, representatives of OPEC countries signed a new cooperation charter with other major producers, including Russia, which aims to establish a “permanent cooperation” that is...
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Libyan Oil Corporation announces the state of force majeure in Sharara field
The Libyan National Oil Corporation announced in a statement some days ago the status of force majeure and stopped shipments of crude oil in the port of Zawiya late, after the production of the field...
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Minister of Petroleum and US channel: the export of gas increases the strength of Egypt’s foreign policy
US channel CNBC said that Cairo is expected to become a gas exporter by the end of 2019, and the country has witnessed widespread interest in inspiring natural gas, especially after the success of...
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