Oil

  • India Seeks Long-term Oil Supply from Guyana

    India Seeks Long-term Oil Supply from Guyana

    Sunday, 25th April 2021

    India seeks a long-term contract to import oil from Guyana which is located in South America.

  • Libya’s NOC Revenues Surpass $2 b in March

    Libya’s NOC Revenues Surpass $2 b in March

    Sunday, 18th April 2021

    Sales of crude oil, gas, condensate, petroleum products, and petrochemicals have resulted in a bit over $2 billion of the Libyan National Oil Corporation’s (NOC) revenues in March.

  • Qatar Sends First Oil Cargo to UAE After Restoring Ties

    Qatar Sends First Oil Cargo to UAE After Restoring Ties

    Thursday, 11th March 2021

    Qatar has exported first oil cargo to a Persian Gulf neighbor since the United Arab Emirates along with other three Arab countries agreed to restore ties with Doha in January, according to Bloomberg 

  • Egypt Approves Extending SDX’s PSA of West Ghairb to 2031

    Egypt Approves Extending SDX’s PSA of West Ghairb to 2031

    Sunday, 7th March 2021

    SDX company announced that it has received the final approval from the Egyptian authorities to extend its Production Services Agreement for oil production from Meseda and Rabul oil fields in West Gharib concession to ten years until 2031.

  • NOC Achieves Revenues of $1.41 billion in January

    NOC Achieves Revenues of $1.41 billion in January

    Sunday, 28th February 2021

    The Libyan National Oil Company (NOC) has announced that it achieved a record a level in its revenues during January 2021, estimated at $1.41 billion.

  • Iran Achieves Self-Sufficiency in Pipeline Construction

    Iran Achieves Self-Sufficiency in Pipeline Construction

    Wednesday, 24th February 2021

    The CEO of the National Iranian Oil Engineering and Construction Company, Saeed Sattary Naeini, announced that Iran has achieved self-sufficiency in construction and implementation of the oil and petroleum products transmission pipelines.

  • Egypt to Boost Oil, Gas Cooperation with Jordan

    Egypt to Boost Oil, Gas Cooperation with Jordan

    Thursday, 18th February 2021

    The Minister of Mineral Resources, Tarek El Molla, held a bilateral meeting with Hala Zawati, Minister of Energy and Mineral Resources in Jordan to discuss ways to boost oil and gas field during the coming period.

  • SOCAR Ships 90,000 Tons of Oil to Belarus

    SOCAR Ships 90,000 Tons of Oil to Belarus

    Tuesday, 16th February 2021

    The Deputy Head of Azerbaijan’s State Oil Company SOCAR, Ibrahim Ahmadov, said that the company has shipped a batch of 90,000 tons of Azerbaijani oil to Belarus in February.

  • El Molla Discusses Cooperation Projects with BP

    El Molla Discusses Cooperation Projects with BP

    Tuesday, 16th February 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, received a delegation from BP British Company to discuss the cooperation projects between petroleum sector and Bp in Egypt and to review the development of the international oil and gas prices within the challenges of COVID-19.

  • Indian Oil Imports Record Highest Level in Three years

    Indian Oil Imports Record Highest Level in Three years

    Wednesday, 20th January 2021

    The Indian oil imports has recorded the highest level in nearly three years, reaching more than 5 million barrels per day (b/d), as its refiners raised the production following the increase of the demand.