- Saudi Energy Minister Says OPEC+ Meeting’s Outcome a ‘Turning Point’
- Libya nears final stage of oil exploration bid round, NOC says
- UAE President Chairs ADNOC Board of Directors Meeting at Habshan Complex
- Trump sees $270 billion in agreements at U.S.-Saudi investment conference
- Eni plans $8 billion in new investments in Egypt over five years, CEO tells El-Sisi
- Al-Ghais: Oil Will Maintain 30% Share of Global Energy Mix Until 2050
- Kuwait Announces Discovery of New Offshore Natural Gas Field
- Algeria Appoints New Head of Sonatrach to Keep Pace with Energy Transformations
- The UAE Launches World’s Largest Combined Solar and Battery Storage Project
- QatarEnergy acquires new exploration interest offshore Egypt
News
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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Turkey discovers a large gas field in the waters of the Black Sea
8/21/2020 Turkey has greatly expanded its energy exploration operations in the Black Sea and in the disputed areas in the eastern Mediterranean waters. Turkey is keen to find large energy reserves to...
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Venezuelan oil production is falling to 300 thousand barrels per day
Monday 17 August 2020 Crude oil production in Venezuela is declining rapidly and is currently around 300,000 barrels per day. However, global markets have not been affected by the loss of...
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TGS begins the most accurate geophysical survey in the Egyptian territory
Monday, August 17, 2020 TGS announced that it has commenced its first-ever regional airborne Enhanced Full Tensor Gravity Gradiometry (eFTG) multi-client survey – together with magnetic and Lidar...
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Omani oil production fell to 671 thousand barrels per day for July2020
The monthly report of the Omani Ministry of Oil and Gas stated that the Sultanate’s average daily production of crude oil during July 2020 declined to about 671 thousand barrels per day. crude oil...
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The Saudi Aramco president is optimistic about an increase in oil demand in the second half of 2020
The CEO of Saudi Aramco expressed his optimism about the increasing global demand for oil. Amin Al-Nasser told reporters through a video conference that the global demand for crude oil is currently...
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Kuwait stops hiring non-Kuwaitis in the oil sector during 2020 and 2021
The oil sector is following the government’s footsteps in addressing the current economic crisis and the problem of increasing the number of expatriates in Kuwait. The Kuwaiti Prime Minister...
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