Reduction | Egypt Oil & Gas

France Cuts Nuclear Output by 6.3 GW as Heatwave Raises River Temperatures

France reduced nuclear power generation by 6.3 gigawatts (GW) across eight reactors early on June 13,  as a prolonged heatwave pushed river temperatures higher, limiting the availability of cooling water at several nu...

Saudi to Implement Huge Oil Cuts in July as OPEC+ Extends Deal into 2024

Saudi Arabia announced that it will implement deep oil production cuts in July on top of a broader OPEC+ deal to limit supply into 2024, Reuters added. OPEC+, which is a group of the Organization of the Petroleum Expo...

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