Fujairah port’s oil stocks has declined to the lowest level in 2021 due to the increase of the oil exports.

The Prime Minister of Papua New Guinea (PNG), James Marape, announced that the government signed a fiscal agreement with Total company, to develop a liquefied natural gas (LNG) project at a cost of $13 million.

The National Center for Statistics and Information (NCSI) announced that Oman’s condensates production increased by 45.2% reaching 69.10 million barrels (mmbbl) by the end of December 2020.

Algeria’s natural gas exports to Spain recorded 9.6 billion cubic feet (bcf) during 2020, representing 29% from the market stake to become the first supplier of natural gas for Spain,

The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the Egyptian General Petroleum Corporation (EGPC), and the Egyptian Natural Gas Holding Company (EGAS) will offer onshore and offshore exploration blocks including the Mediterranean, Delta, as well as the Western and Eastern Desert for bids from energy companies within the next two weeks, according to an interview of Gulf Intelligence with the minister.

The Libyan National Oil Corporation (NOC), has recorded revenues reached $ 1.115 billion from the sales of the crude oil, gas, condensates, petroleum products and petrochemicals during December 2020.

Saudi Arabia, which is the largest oil exporter in the world, keep its ranking as the first oil supplier for China during 2020, beating Russia .

According to data issued by the General Administration of Customs, the total China’s oil imports during 2020 reached 542.39 million tons

The Oman’s average daily production of oil has increased 0.23% during December 2020, recording 722,443 barrels per day (b/d) compared to the previous month.

The Iran's parliament reduced the government’s oil export target to 1.5 million barrels per day (mmbl/d) from 2.3 mmbl/d to manage expectations.