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ExxonMobil Looks to Dump $25 Billion in Oil and Gas Assets

21.11.2019: ExxonMobil is working to increase its asset sale program significantly, and is expected to give up oil and gas assets in Asia, Europe and Africa, worth up to US $ 25 billion, in order to...

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MINISTER FOR THE ENVIRONMENT COSTA: “ECOMONDO, THE MOST IMPORTANT GREEN ECOLOGY SHOW IN THE WORLD”.

Also representing the Government, Riccardo Fraccaro, Undersecretary to the Presidency of the Council of Ministers, and Antonio Misiani, Undersecretary for Economy and Finance. Message from Stefano...

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Dr.. Sultan Al Jaber highlights UAE oil sector strategy at London conference

In a keynote speech at the 40th Annual Oil and Money Conference in London organized by Energy Intelligence in October 2019, Dr. Sultan Al Jaber, Minister of State and CEO of ADNOC group of companies,...

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OPEC Secretary: Saudis have proven to be a reliable source of oil supplies.

OPEC General Secretary Mohammed Barkindo said the Saudis have shown the world that they are a reliable source of oil supplies.   He also said that the rapid moves taken by Saudi Arabia to resume...

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The International Energy Agency expects global gas demand to grow 1.6% annually until 2024

The International Energy Agency (IEA) confirmed that global gas demand is expected to grow by 1.6 percent annually until 2024, supported by consumption in China, which accounts for more than a third...

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Baker Hughes: Number of active oil rigs in America falls for the seventh week in a row.

US energy companies have cut the number of oil rigs in operation for a seventh consecutive week, as producers continue to implement plans to cut spending on new drilling this year, according to...

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Minister of Petroleum and US channel: the export of gas increases the strength of Egypt’s foreign policy

US channel CNBC said that Cairo is expected to become a gas exporter by the end of 2019, and the country has witnessed widespread interest in inspiring natural gas, especially after the success of...

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Francesco La Camera Appointed as New IRENA Director-General

New head of the International Renewable Energy Agency starts his four-year term Abu Dhabi, United Arab Emirates, 4 April 2019 – Today, Francesco La Camera took office as the Director-General of...

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Russia: Permanent cooperation with OPEC may come up for discussion in April

Russian Energy Minister Alexander Novak said on Thursday that the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries may discuss in April a charter that outlines a...

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Ministry of Finance: Kuwait’s oil production in December was 2.8 million b / d

Kuwait’s oil production increased to 2.8 million bpd in December, the Finance Ministry said. This comes as oil prices plummeted as US crude inventories rose and the country’s output...

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