oil
Al-Mulla: Egypt expands oil, gas exploration operations
Egypt
April 11, 2023
Al-Mulla: Egypt expands oil, gas exploration operations
The petroleum sector is now executing an extended drilling program in collaboration with foreign partners to make new discoveries and…
UN reveals plan to salvage oil from stricken supertanker
Middle East
March 12, 2023
UN reveals plan to salvage oil from stricken supertanker
CNN – The United Nations has released a plan to offload 1 million barrels of oil off a rusting supertanker…
Russia to cut oil output by 5% as sanctions bite
World
February 11, 2023
Russia to cut oil output by 5% as sanctions bite
London CNN — Russia will cut crude oil production by half a million barrels per day starting in March, a…
Massive fire breaks out at oil refinery in Iran
Middle East
January 29, 2023
Massive fire breaks out at oil refinery in Iran
CNN —A massive fire broke out at an oil refinery in northwestern Iran on Saturday, the semi-official Fars News Agency…
A major oil exporter is hosting a UN climate summit. Opinions are divided
Middle East
January 17, 2023
A major oil exporter is hosting a UN climate summit. Opinions are divided
Abu Dhabi, UAE CNN — This year’s COP28 climate summit is mired in controversy, held in one of the world’s…
Egypt to launch int’l tender to explore for gas, oil in Mediterranean, Nile Delta
Egypt
December 27, 2022
Egypt to launch int’l tender to explore for gas, oil in Mediterranean, Nile Delta
Petroleum Minister Tareq al-Molla said on Tuesday that Egypt plans to hold a fresh international tender for natural gas and…
Big Oil has engaged in a long-running climate disinformation campaign while raking in record profits, lawmakers find
World
December 10, 2022
Big Oil has engaged in a long-running climate disinformation campaign while raking in record profits, lawmakers find
Big Oil companies have engaged in a “long-running greenwashing campaign” while raking in “record profits at the expense of American…
America and Saudi Arabia are locked in a bitter battle over oil. The stakes are massive
Middle East
December 6, 2022
America and Saudi Arabia are locked in a bitter battle over oil. The stakes are massive
New York CNN Business — The relationship between the United States and Saudi Arabia is one of the most important…
Russia won’t export oil to Western countries that impose price cap, deputy PM says
World
December 5, 2022
Russia won’t export oil to Western countries that impose price cap, deputy PM says
Russia will not export oil to countries that impose price caps even if production is cut, Russian Deputy Prime Minister Alexander Novak…
OPEC sticks with supply cuts as West tightens sanctions on Russian oil
World
December 4, 2022
OPEC sticks with supply cuts as West tightens sanctions on Russian oil
London CNN Business — OPEC and its allies decided Sunday to stick with their existing policy of curtailing oil output,…