- 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
Australia may replace Qatar from the top of LNG exports
Qatar is heading towards losing its position as the world’s first LNG exporter, while Australia will be ranked first thanks to major energy projects, according to recent reports. Qatar will...
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The first floating nuclear plant sails to the far north of Russia
The world’s first floating nuclear platform “Akademik Lomonosov” sailed from the port of Murmansk, Russia, to the small town of Pevik on the Chukotka peninsula in Russia’s far...
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China-Kazakhstan pipeline transports 6 million tons in first half of this year
PetroChina West pipeline Company announced that the oil pipeline between China and Kazakhstan transferred 5.59 million tons of crude oil to China in the first half of this year 2019. With a total...
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Libya to produce 1.3 million b/d approaching the pre revolution level
The Chairman of the Petroleum Corporation Mustafa Sanallah, stressed the need for Libya’s national investment in the oil sector to maintain the current production and provide increased...
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Saudi Aramco reports net income of $ 46.9 billion in the first half of 2019
Saudi Petroleum Company “Aramco” reported a net income of 46.9 billion dollars in the first half of 2019. The company highlighted in a statement on the Saudi Press Agency that in the same period...
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Iraq denies excluding Exxon Mobil from a huge oil agreement
According to Reuters, Iraq’s oil ministry said it was still in talks with US giant Exxon Mobil on a huge deal to improve Iraq’s oil infrastructure. The ministry said its agreement with BP...
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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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Iraq, Oman plan cooperation in oil and gas sector
Iraq and Oman signed a memorandum of understanding to cooperate in the oil and gas sector, including the possibility of building a shared refinery in Oman for processing imported Iraqi crude, the...
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Egypt succeeds in completing the IMF-supported economic reform program
Egypt could obtain the sixth and final part of its $ 12 billion three-year loan program, which began in 2016, after reviewing Egypt’s economic reforms last month, IMF Acting Managing Director...
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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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