The Guyana’s Ministry of Natural Resources announced that it has earned about $80 million from the seventh shipment of crude which allocated to the government from the offshore Liza Project.

Neptune Energy appointed Pierre Girard for the newly-created role of Director of New Energy.

Royal Dutch Shell is looking to slash up to 40% off the cost of oil and gas production in order to invest heavily in the energy transition.

Iraq has announced that it will only cut production by 700,000 barrels per day (bbl/d), a third less than the required amount from the OPEC+ supply pact, after international oil companies (IOC) rejected further cuts.

Tarek El Molla, Minister of Petroleum and Mineral Resources, announced on Sunday, December 29th the results of the bid round launched in March of 2019 by the South Valley Egyptian Holding Company for Petroleum (Ganope).

The Emirates National Oil Company (ENOC) announced signing a new evergreen aviation fuel supply agreement with Indian Oil Corporation.

Egypt’s national oil companies (NOCs) will pay all debts owed to international partners before the end of 2019, oil minister Tarek El Molla has said.

Egypt paied $200 million out of total $2.4 billion in arrears owed to foreign oil companies in January.