Shell to Sell Stake in Oman’s Mukhaizna
Royal Dutch Shell is looking to sell its stake in Oman’s Mukhaizna oilfield.
News / International
Iraq Takes Control of Kirkuk Oilfields
Federal Iraqi forces seized control of key oilfields in the disputed province of Kirkuk earlier this week.
Sonatrach Considering JVs to Market Natural Gas
Algeria’s state-owned energy company, Sonatrach, is considering forming joint ventures with trading companies to market its natural gas.
Iran Wants to Extend Production-Cut Agreement
Iran favors an extension to the production-cut agreement between OPEC and some non-OPEC oil producers until the end of 2018.
KPC Aims to Increase Crude & Natural Gas Output
Kuwait Petroleum Company (KPC) plans to raise crude oil output to 4 million barrels a day by 2020 and natural gas output to 1 billion cubic feet per day (bcf/d) by 2023.
Kuwaiti Oil Minister: Markets Steady Despite Concerns over Iraq & Iran
Despite simmering tensions in Iraq and uncertainty over the Iran nuclear agreement, world oil supplies have remained steady, according to the Kuwaiti Oil Minister, Essam El Marzouq.
OPEC 86% Compliant with Production-Cut Obligations
OPEC compliance with the oil-production agreement implemented in January between OPEC and major, non-OPEC oil producers is at 86%.
Algeria to Reform Energy Regulations Next Year
Algeria plans to reform its energy laws by the end of 2018.
Iraq Seizes Oil Infrastructure in Kirkuk
Federal forces in Iraq have taken a refinery and the headquarters of the North Oil Company from the Kurdish military.
China Pursues Direct Purchase of Saudi Aramco Stake
Two state-owned Chinese oil companies have expressed interest in directly purchasing a share of Saudi Aramco.
