Saudi Arabia-Iran rivalry the stumbling block for an oil deal, analysts say
Longstanding tensions between Middle Eastern rivals Saudi Arabia and Iran will hold OPEC back from an oil…
Browsing Tag
oil production
Kuwait Energy says heralds oil production from Al Jahra SE-1X in Egypt
Kuwait Energy plc (Kuwait Energy) announced Monday the start of oil production from Al Jahra SE-1X exploration well…
Russia’s history of working with OPEC to cut oil production is awful
Prices for oil have surged over the past four trading sessions in a row, partially fueled by comments from Russia,…
EGAS: Ongoing Talks with Foreign Firms to Boost Egypt’s Oil Production
State-run Egyptian Natural Gas Holding Company (EGAS) is negotiating with largest international firms in Egypt to…
Update: 4 European Oil Firms Withdraw Staff from Egypt Amid Unrest
Europe’s biggest oil companies have withdrawn some staff from Egypt as supporters of ousted President Mohamed Morsi…
Sudan Expects To Double Oil Production In Next 2 Yrs: Minister
Sudan expects to double its oil production in the next two years, to 300,000 barrels per day, as it steps up oil…
Mubadala to develop Thai Oil Field
Mubadala Petroleum and its co-concessionaires have approved the development of the Manora field in Concession G1/48…
Conflict And Economic Woes In Tough 1st Year For South Sudan
South Sudan on Monday marks its first year of independence in somber mood, the world’s youngest nation wracked by…
Oman to increase Oil Production This Year: Al Rumhy
Oman is set to increase its oil production from 855,000 barrels per day (bpd) to 915,000 bpd this year, the…
