oil and gas production

  • Saudi Aramco Shuts its Subsidiary in Azerbaijan

    Saudi Aramco Shuts its Subsidiary in Azerbaijan

    Wednesday, 2nd June 2021

    Saudi Aramco has announced the liquidation of its subsidiary in Azerbaijan, Aramco Overseas Company Azerbaijan, according to NeftegazRU.

  • NOC Welcomes Lifting of Oil Blockade

    NOC Welcomes Lifting of Oil Blockade

    Sunday, 23rd August 2020

    Libya’s National Oil Corporation (NOC) welcomed the proposals from both Libya’s internationally recognized government and General Haftar’s government to end a seven-month oil blockade.

  • Libya’s NOC, Algeria’s Sonatrach Cooperate to Boost Production

    Libya’s NOC, Algeria’s Sonatrach Cooperate to Boost Production

    Monday, 28th October 2019

    Libya’s National Oil Corporation (NOC)’s Chairman, Mustafa Sanalla, met with Sonatrach’s Chairman and CEO, Rachid Hachichi, along with their respective delegations to discuss potential joint cooperation between the two-state oil firms, NOC said in a statement published on October 27.

  • ADNOC Awards Offshore Blocks to Eni, PTTEP

    ADNOC Awards Offshore Blocks to Eni, PTTEP

    Sunday, 13th January 2019

    The Abu Dhabi National Oil Company (ADNOC) has awarded two offshore blocks to Eni and PTT Exploration and Production Public Limited (PTTEP) for oil and gas E&P.

  • Saudi Arabia Cut Aramco Income Tax

    Saudi Arabia Cut Aramco Income Tax

    Tuesday, 28th March 2017
    Saudi Arabia issued a royal decree to decrease the income tax paid by Aramco.
  • Sonatrach to Grow Output by 20%

    Sonatrach to Grow Output by 20%

    Thursday, 29th December 2016
    Algerian state energy producer Sonatrach plans to increase output of natural gas and crude oil by 20% in four years until 2020 as new projects start up.
  • ExxonMobil Plans 16 New Oil, Gas Projects

    ExxonMobil Plans 16 New Oil, Gas Projects

    Thursday, 5th March 2015
    Exxon Mobil Corporation expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barrels by 2017, Rex W. Tillerson, chairman and chief executive officer, said today.