Algeria to Keep Limits on Foreign Energy Investments
The Algerian government is planning to maintain current clauses in the energy law that limit foreign stakes in oil and gas projects.
OPEC | Egypt Oil & Gas - Part 14
OPEC Pledges Commitment to Output Cuts
The Joint Ministerial Monitoring Committee (JMMC) has emphasized the need for continued commitment to the cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC major produce ...
OPEC Downgrades Forecasted Oil Demand Growth
The Organization of the Petroleum Exporting Countries (OPEC) has cut its forecast for global oil demand growth in 2020.
Iraq Vows to Cut Oil Output
Iraq will reduce crude oil production levels starting from October, according to the Iraqi Minister of Oil, Thamer Ghadhban.
OPEC to Discuss New Output Deal Metrics
The Organization of the Petroleum Exporting Countries (OPEC) may consider new metrics for the global oil output cuts.
OPEC+ Committed to Balancing Market: UAE
Oil producers are committed to achieving market balance, according to the UAE Minister of Energy and Industry Suhail Al-Mazrouei.
Nigeria’s Duke Oil to Move to Dubai
Duke Oil, a subsidiary of Nigerian National Petroleum Corporation (NNPC), is reportedly shutting down operations in the UK and leaving London to set up a new office in Dubai.
OPEC Monthly Output Rises for First Time in 2019
The Organization of the Petroleum Exporting Countries (OPEC) has recorded its first monthly increase in oil output this year.
Saudi Petroleum Exports Down to $104.5 B in H1
Saudi Arabia's petroleum export revenues declined by 3.96% Year-on-Year during H1 2019.
Omani Oil Production Exceeds 30 MM Barrels in July
Oman’s crude oil and condensates production reached around 30.1 million barrels during July, with a daily average production rate of 970,682 barrels.
