Oman’s oil exports reach 128 mln barrels by end of May
The Sultanate of Oman’s oil exports reached 128,070,300 barrels by the end of May 2023, according to data from the…
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Oil
Commodity prices 10/07/2023
The commodity prices went down on Monday with the oil dropping by -0.80 percent to reach a value of 73.27.
Commodity prices 08/07/2023
The commodity prices went up on Saturday with the oil soaring by 2.6 percent to a price of 73.67, a change of 1.87…
Kuwait starts operation of Al-Zour refinery
Kuwait, OPEC member, started full operation of Al-Zour oil refinery by commissioning its third and last…
Chevron to drill 1st exploration well in Egypt’s Red Sea in H1 2024
The American energy company Chevron is about to drill its first exploration well for oil and natural gas in the Red…
Russia to reduce oil supply in August by 500K barrels per day
Russia will reduce its oil exports by 500 thousand barrels per day (bpd) in August as a global economic slowdown…
Nivine El-Kabbag highlights importance of investments in Africa
Nivine El-Kabbag, Egyptian Minister of Social Solidarity, spoke about the importance of investments in Africa…
Kyrgyzstan to buy electricity from Russia
Kyrgyzstan government is set to reach an agreement with Russia to import 875 million kilowatt/hours of power in…
OPEC: Chinese demand to be 500-600k barrels/day
OPEC Secretary General, Haitham Al-Ghais, said on Tuesday the Chinese demand of oil will increase to 500 and 600…
BP posts double profits of $27.7bln in 2022
British energy company BP announced on Tuesday its annual net profits of $27.7 billion for 2022, more than doubling…