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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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Saudi Arabia: Aramco discovers two new oil and gas fields in northern parts of Saudi territories

4 Sept. 2020 The kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman that Saudi Aramco discovered two oil and gas fields in northern parts of Saudi...

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Iraq cuts its oil production by 400,000 barrels per day in August 2020

4 September 2020 Iraq confirmed that it would implement additional cuts to its oil production by about 400 thousand barrels per day in August to compensate for surplus production in the previous...

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UAE: Growth accelerates at the Ruwais complex with the completion of 70% of the “project to enhance the flexibility of crude oil refining operations”

After announcing in 2018 plans to diversify the raw materials it processes, ADNOC is proceeding with successful and steady steps in its vital Ruwais project “Enhancing Flexibility of Crude Oil...

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OPEC Reiterates Importance of Attaining Full Conformity for Market Stability

The 21st Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday 19 August 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi...

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Leading Oil and Gas Event in Russia for Professionals Across the World

Despite the difficult situation, industry leaders and experts are even more eager to gather, network, exchange ideas and find answers to their questions. This year, the Society of Petroleum Engineers...

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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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