- UAE leaves OPEC in blow to global oil producers’ group
- Kuwait declares force majeure on oil shipments amid Hormuz blockade, Bloomberg News reports
- Libya signs preliminary agreement with Chevron to assess shale oil and gas resources
- Middle East conflict could cause 120 bcm of LNG supply loss from 2026-2030, IEA says
- Loss of energy output in MidEast will take about two years to recover, IEA says
- Egypt and Cyprus sign framework agreement for cooperation on gas
- Italy hopes to receive more gas from Algeria, Meloni says
- Kuwait oil CEO says Iran is ‘holding the world’s economy hostage’
- QatarEnergy says it needs to declare force majeure on some LNG contracts
- Saudi boosts Yanbu crude oil exports as it works around Hormuz halt, data shows
News
In Italy, Ecomondo and Key Energy 2020 on environmental topics in North Africa, (In total safety at Rimini Expo Centre)
21 Sept., 2020 The potential for windpower in North Africa, the transition towards renewable energies, groundcare on a planetary scale, and once again, the central themes of the Green New Deal and...
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Libya NOC Calls for Demilitarization of Oil Installations
20 Sept., 2020 The “National Oil Corporation” in Libya appealed to all the conflicting parties calling on them to “demilitarize the oil facilities” so that their workers can...
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Iraqi Oil Minister: We could raise oil production to 7 million barrels per day by 2025
19 Sept., 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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Huge foreign investment projects in ADNOC’s infrastructure
In one of the largest global energy infrastructure transactions that will give a strong impetus to strategic projects in the UAE, ADNOC has entered into an agreement with a consortium of major global...
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Suadi Arabia: Temporary postponement of plans to increase oil production capacity
17 Sept., 2020 Saudi Aramco had received a directive from the Ministry of Energy to increase its Maximum Sustainable Capacity (MSC) from 12 million barrels per day to 13 million barrels per day....
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IMF slashes growth forecasts in the Middle East again amid an ‘unusually high level of uncertainty’
According to its recent regional economic report, the International Monetary Fund has lowered its forecast for growth in the Middle East and North Africa region once again due to the...
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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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ADNOC enables Emirati women the access to the highest positions, and more
Mohamed Hassan Salem – 8 September 2020 ADNOC has announced its commitment to represent women in all boards of directors of the group companies by the end of 2022. After appointing the first...
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In Italy, Ecomondo and Key Energy 2020 on environmental topics in North Africa, in total safety at Rimini Expo Centre
Rimini (Italy) 20th July 2020 – The potential for windpower in North Africa, the transition towards renewable energies, groundcare on a planetary scale, and once again, the central themes of...
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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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