Hormuz Shipping Recovery Likely Weeks Away, Mitsui CEO Says

• Tuesday, 16th June 2026
• by Fatma Ahmed

Shipowners are expected to delay resuming transit through the Strait of Hormuz for several weeks until they are assured that the recently announced US -Iran agreement is effectively implemented on the ground, accordin...

Chevron to Boost Oil, Gas Production from Two Facilities in Mexico

• Wednesday, 4th September 2024
• by Fatma Ahmed

Chevron Corporation has announced that it started water injection operations at two projects at its Jack/St. Malo and Tahiti facilities in the deep water U.S. Gulf of Mexico, to boost oil and natural gas recovery. “De...

ADNOC Refining Set to Finish First Phase of Waste Heat Recovery Project

• Wednesday, 14th September 2022
• by Israa Ibrahim

The first stage of ADNOC Refining’s ground-breaking Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi, is about to be finished. According to the UAE’s Net Zero by 2050 Strateg...

OPEC Oil Output Boosts in June by 280,000b/d

• Monday, 3rd July 2017
• by Dr. Mahinaz El-Baz

The Organization of Petroleum Exporting Countries (OPEC)’s oil output has increased in June by 280,000b/d to reach a 2017 high as Libya and Nigeria continue to recover production levels. Both countries were exem...

Libya’s Waha Field Recovers Output to 75,000b/d

• Sunday, 7th May 2017
• by Editorial Team

Production at Libya’s eastern Waha field has gradually recovered to about 75,000b/d after stoppages due to fighting and damage to the pipeline since early March, Zawya reported, citing an engineer at the field. ...

Bernstein Predicts New Global Cycle of Mergers & Acquisitions

• Monday, 2nd November 2015
• by Egypt Oil & Gas

Analysts Sanford C. Bernstein & Co. have predicted a rise in mergers and acquisitions (M&A) over the coming year, with a possible recovery in crude prices to follow, reports Bloomberg Business. Among those mak...