oil and gas production
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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.
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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.
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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.
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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%
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
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.
Latest News
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PMS Implements 87 Projects Worth $171 MM
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Monday Minutes: Economic Snapshot
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El Molla Reviews Midor Refinery Expansion
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Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021