International Energy Agency | Egypt Oil & Gas
IEA to Accelerate Release of Remaining Oil Stocks
The International Energy Agency (IEA) agreed to accelerate the release of more than 20 million barrels of diesel from emergency reserves as part of a broader release of oil stocks pledged in March 2026, Reuters report...
Saudi Oil Supply Falls to Three-Decade Low of 6 mmbbl/d
Saudi Arabia’s crude oil supply fell by 2.3 million barrels per day (mmbbl/d) to 6 mmbbl/d in August, its lowest level in more than three decades, as attacks disrupted energy facilities and regional shipping routes, t...
IEA Sees 2026 Oil Supply Falling 5.7 mmbbl/d as Gulf Disruptions Persist
The International Energy Agency (IEA) expects global oil supply to fall by 5.7 million barrels per day (mmbbl/d) in 2026 as continued Middle East disruptions delay the return of normal Gulf oil flows into 2027, accord...
Saudi Arabia’s Oil Consumption Grows at Slow Pace
Oil consumption in Saudi Arabia, the world’s biggest crude exporter, is growing at a sluggish pace as low energy prices hurt economic growth, the Daily Star reported. According to the Times Of Oman, the kingdom’...
Eni Aims at Launching Gas Production at Egypt’s Zohr by End 2017
Italy’s Eni is focused on starting production at its giant offshore Zohr gas field in Egypt by the end of 2017, the company’s CEO, Claudio Descalzi, said at an International Energy Agency event in Paris, R...
IEA: Iran to Add 500,000b/d of Oil from Existing Fields in 2016
Iran is expected to add 500,000b/d of oil supply within a year from its existing oilfields, but developing new fields would take time, the Head of the International Energy Agency (IEA), Fatih Birol, told Reuters. Iran...Page 1 of 1
