Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation, announced a new natural gas discovery at the offshore Al-Jazah field. The discovery set a historical national production record for ...
Saudi Arabia ramped up crude oil shipments to West of Suez markets last month to the highest level since the beginning of the Covid-19 pandemic. Kpler data shows shipments to Europe and Egypt’s Ain Sukhna terminal – ...
During the Investor Majlis, ADNOC Distribution said that it aims to increase the size of its service station network to 1,150 by 2028, which is 15% more than the previous guidance of 1,000. This target reflects stronger ...
President Abdel Fattah El-Sisi affirmed the importance of Egypt’s Soda Ash project for supporting self-sufficiency in local industries and reducing imports. Led by Taiwan’s TCC Group, a subsidiary of China National C...
In something of a ‘two steps forward, one step back’ maneuver, the Syrian government held parliamentary elections this week – the first since the ouster of President Bashar al-Assad last December following 15 years...
Chevron and its Greek partner, Helleniq Energy, are close to concluding a deal with the Greek government for offshore natural gas exploration off the Peloponnese peninsula and the island of Crete before the end of the ye...
Opec production increased by 430,000 b/d in September (see table), driven by the steady unwinding of voluntary cuts by the Opec+ ‘Group of Eight.’ The group has now increased its production by 2.5mn b/d year-on-year,...
bp has signed a contract with Valaris, an American offshore drilling contractor, to drill five new natural gas wells in its Mediterranean concession areas at a depth of 300-1500 meters, utilizing the Valaris DS-12 deepwa...
President Abdel Fattah El-Sisi met with John Christmann, CEO of US Apache Corporation, to review its current activities and plans to expand its exploration and production activities in Egypt. Pointing out that Apache is ...
Adnoc’s $13bn purchase of German chemicals firm Covestro is making progress once again. The European Commission confirmed on 2 October that Adnoc had submitted remedies to address concerns under the foreign subsidies r...
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