- 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
It will be “difficult” for oil to reach $120 again, says Saudi OPEC governor
Saudi Arabia’s OPEC governor Mohammed Al Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again. “$100-120 – I think...
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Saudi Looking Beyond Oil Price Slump as Rig Count Spikes
As the global energy industry stares transfixed at a spectacular drop in U.S. rigs, Saudi Arabia is ramping up the number of machines drilling for oil and gas despite a sharp fall in the price of...
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Egypt, Eni sign investment agreement
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail and Eni’s CEO, Claudio Descalzi, signed a head of agreement aimed at the development of the oil and gas resources of the...
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Egypt finalizes LNG supply deal with Gazprom
Egypt finalizes LNG supply deal with Gazprom Egypt’s Ministry of Petroleum informed that an LNG supply deal with Russia’s Gazprom has been finalized. According to a ministry statement, Egyptian...
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OPEC Sees 2015 Supply Surplus Rising
The collapse in oil prices – almost 60 percent since June – is accompanied by falling in the demand for OPEC oil to its lowest in a decade. In its monthly report, the Organization of the...
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Shell to start supplying LNG to Egypt in 2015
Shell’s senior executive revealed that the Dutch giant will start supplying Egypt with 1 million metric tons of LNG per year starting in 2015. Speaking at a summit in Dubai, Shell’s Middle East...
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As oil prices plunges, $150 billion of exploration projects will stop during 2015
ِAccording to rigzone sources, Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold during 2015 as plunging oil prices render them uneconomic,...
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BGS to keep an eye on UK shale gas exploration
The British Geological Survey revealed it plans to expand its existing programs by carrying out independent detailed research in areas of the UK that may see shale gas exploration and production. The...
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BAPCO & ARAMCO Attend AB Pipeline Project Joint Meeting
The Bahrain Petroleum Company Bapco and Aramco have successfully conducted a Job Explanation Meeting for Onshore Engineering, Procurement & Construction (EPC) Package of the AB Pipeline Project...
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API sees no point in additional regulations on methane emissions
Methane emissions from oil and natural gas production are falling, and new regulations on methane proposed by the Obama administration could disrupt America’s energy renaissance, according to Jack...
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