The “National Oil Corporation” in Libya appealed to all the conflicting parties calling on them to “demilitarize the oil facilities” so that their workers can carry out their...
Read moreThe 23rd Petroleum conference will be held in Houston, Texas, in the United States of America from 6 to 10 December 2020. About 10,000 participants will attend, including about 50 ministers and 500...
Read moreThe UAE Company, Dana Gas, plans to use the revenues from its assets in Egypt that it is trying to sell to pay its Sukuk. These are the assets that are located on the shore in the Nile Delta without...
Read moreThe International Energy Agency believes that renewable energy will be the single most elastic source in the face of the biggest shock to the global energy sector in 70 years due to the Covid-19,...
Read moreOman is heading to reduce oil production from its six largest blocks of production by 23% from the levels of the basic production line, as it produced 883,000 barrels per day in October 2018, to...
Read moreAt the end of an emergency summit held via video, G20 leaders pledged to pump 5 trillion dollars into the global economy, to face the effects of the Corona “Covid-19” pandemic, and to...
Read moreThe International Energy Agency (IEA) on Tuesday, April 21, 2020 coordinated a meeting of the Global Committee for Urgent Action on Energy Efficiency to discuss the vital role which can play in...
Read moreThe Council of Ministers in the Kingdom of Saudi Arabia stated on Tuesday, April 21, 2020, that the Kingdom is monitoring oil markets and is ready to take additional measures to achieve stability in...
Read moreA few days ago, Saudi Aramco sources said that they would cut production to 8.5 million barrels per day during May 2020, as part of OPEC+ agreement with Russia and other major oil producers. Under...
Read moreThe price of US oil, WTI, rose again above zero on Tuesday, April 21, 2020, after falling to zero for the first time, due to lower demand on global energy markets, where demand fell by about a third,...
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