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Oil&Gas Drilling
Biden: “Exxon Made More Money Than God This Year”
The US President has slammed the oil sector over huge profits amid the energy crisis.
OFFICIAL LAUNCH CEREMONY | 3RD ECOWAS FORUM AND EXHIBITION ON THE MINING AND OIL SECTORS
Niger's economy is developing rapidly as GDP growth was estimated at 6.2% in 2019 and is expected to increase to 6.5% in 2021.
Guyana
Guyana Creating New Authority for Oil Sector
The petroleum commission will also insulate the sector "from undue political interference" and remove responsibilities from government ministers
United States
US Energy Secretary Urges Oil Sector to Diversify
Oil companies that are slow to shift toward cleaner energy source risk of being left behind as the world reduces carbon emissions, US energy secretary Jennifer …
Oil & Gas Trade
Minister Says Iran Welcomes Russian Companies' Investment in Oil Sector
Iran's Minister of Petroleum Bijan Namdar Zanganeh invited Russian companies to invest in his country's oil industry.
Oil & Gas Trade
Kuwait's Oil Sector Cancels Several Tenders & Projects to Cut Costs
Kuwait Petroleum Corporation and its subsidiaries have started to cancel a large number of unimportant tenders and contracts within the budget of the current fi…
Oil&Gas Drilling
Sonatrach Prepares to Resume Exploration in Libya
Algerian and Libyan oil sector officials are currently holding talks to relaunch exploration by Sonatrach on Libyan soil.
Oil&Gas Drilling
Russia’s Grand Plan For Arctic Oil Is Under Threat
Russia's oil sector has been at the center of virtually all developments in its modern history. Imperial Russia already produced oil in the early days of the in…
Saudi Economy Grows just 0.3% in 2019 as Oil Sector Shrinks
Saudi Arabia’s economy grew by a weaker-than-expected 0.3% in 2019 as the oil sector contracted sharply, official data showed on Sunday, although the non-oil s…
Bota Petroleum Pipeline Corporation
Petroleum Pipeline Corporation BOTA was established on August 15, 1974 to transport crude oil. Since 1987, it has engaged in natural gas transportation and trad…
Oil&Gas Drilling
Shell Egypt to Sell Western Desert Assets to Focus on Expanding Offshore Gas Projects
A source in the oil sector told Daily News Egypt, that Shell has begun to exit globally from the activity exploration and production in onshore areas, to focus …
Oil & Gas Trade
China’s Relationship with Iran is Being Put to the Test After US Sanctions
China’s relationship with Iran is being put to the test after US president Trump slammed sanctions on Chinese state-run energy company Zhuhai Zhenrong for alle…
Oil & Gas Trade
China’s Foreign Ministry Said that it Strongly Opposes U.S. Sanctions
China’s foreign ministry said on Tuesday that it strongly opposes U.S. sanctions on a Chinese energy firm for allegedly violating restrictions imposed on Iran…