Oman succeeded reversing its oil output decline in 2008 by making new discoveries and using technology to improve recovery of oil from aging fields. Production increased from 710,000 b/d in 2007...
Read moreA recent report by the International Energy Agency (IEA) has forecasts global oil demand rising at its fastest rate in five years in 2015. Despite this rise in demand, lower oil prices and spending...
Read moreIranian Oil Minister Bijan Zanganeh has said Iran expects to raise oil output by 500,000 bpd as soon as sanctions are lifted and by a million bpd within months. A recent report issued by the...
Read moreAchieving one of his key goals, Egyptian President Abdel Fattah al-Sisi has succeeded in completing a major investment of $6 billion to extend the Suez Canal water way which allows larger amounts of...
Read moreLibya pumped about 1.6 MMbpd of crude before the 2011 rebellion that ended Muammar Qaddafi’s 42-year rule. Output fell to a quarter of that level this year as militias affiliated with rival...
Read moreOil-rich nations across the Persian Gulf are seeking ways to continue output from fields that are at least half a century old. While the industry average is for producers to recover about 35% of...
Read moreAn Era of Energy Insecurity: The Global Oil Market in its New Geopolitical Context Dr. Pierre Noël Research Associate Electricity Policy Research Group (EPRG), University of Cambridge, United...
Read moreEni has made an important gas discovery in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta, 120 kilometers north-east of Alexandria, Egypt. Preliminary...
Read moreThe Italian Foreign Ministry (Farnesina) reported that four Italian construction workers were kidnapped near Eni’s Mellitahoil and gas complex on Sunday. The four men are employees of Bonatti, an...
Read moreSiemens is partnering with Con Edison, the utility that powers New York City, to install technology that will help keep Con Edison customers in sections of Lower Manhattan in service during severe...
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