Libya: New Libya oil chief considers resuming exports at eastern ports

Libya 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...

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Saudi Arabia: Aramco to raise oil extraction from giant Ghawar field

Oil-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...

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An Era of Energy Insecurity: The Global Oil Market in its New Geopolitical Context

An 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...

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SPE North Africa Technical Conference and Exhibition

Event: SPE North Africa Technical Conference and Exhibition Dates: 14–16 September 2015 Location: Fairmont Towers, Heliopolis, Cairo, Egypt Website: www.spe.org/events/natc/2015/ Summary: Organised...

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Eni makes important tight gas discovery in the Egyptian Nile Delta

Eni 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...

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Four workers kidnapped near Eni’s Mellitah oil and gas complex in Libya

The 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...

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Siemens partners with Con Edison to install storm hardening system

Siemens 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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EIA Slightly Raises 2015 and 2016 Oil Production Forecasts

The U.S. government on Tuesday modestly raised its 2015 and 2016 U.S. crude oil production forecasts while lowering its price outlook. In its short term energy outlook, the U.S. Energy Information...

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Qatar ships more LNG to UK

The UK’s South Hook liquefied natural gas import terminal is expected to receive a cargo of LNG on July 14, port data says. The Al Ghariya LNG carrier, with a capacity of 210,000 cubic metres is...

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Baker Hughes: US Weekly Oil Rig Count Decline Slows

Energy firms pulled three rigs from U.S. oil fields this week, the smallest drop in five weeks, data showed on Friday, a sign the collapse in drilling is coming to an end as crude prices recovered...

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