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World - Region
OPEC+ considers oil output roll over for April, sources say
3/3/2021 5:18:55 PM
The market had been widely expecting OPEC+ to ease production cuts, which have been the deepest ever, by around 0.5 million barrels per day (bpd) from April
World - Region
Libya oil output makes high-stake but fragile return
1/24/2021 10:37:46 AM
Libya's is now producing 1,224 million barrels per day (bpd) -- a tenfold increase from a 121,000 bpd average in the third quarter of 2020, before the ceasefire deal
World - Region
Iran has exported 700,000 bpd of oil since March, Fars reports
11/11/2020 12:27:24 PM
Iran's oil exports have shrunk from more than 2.5 million bpd since the United States withdrew from a nuclear deal with Iran 2018 and reimposed sanctions
Business - Economy
Global oil prices to record $41 bps in 2020, up to $46 bps over 2021: IMF
10/13/2020 5:02:46 PM
Oil prices declined by 60 percent between February and April 2020 as the pandemic led to a collapse in global oil demand and concerns about storage capacity
World - Region
Libyan oil output to hit 355,000 bpd on Monday: Libyan Source
10/11/2020 12:21:10 PM
Total Libyan oil output will reach 355,000 bpd on Monday, the source added
Business - Economy
Egypt's Central Bank cuts interest rates by 50 bps
9/24/2020 10:49:20 PM
World - Region
Libya's NOC says oil production to rise as it seeks to revive oil industry
9/22/2020 1:45:55 PM
Libya produced around 1.2 million bpd over 1% of global production before the blockade, which slashed the OPEC member's output to around 100,000 bpd
Business - Economy
Eni, BP announce new gas discovery in Egypt
9/16/2020 12:55:09 PM
This new discovery is located in 16 meters of water depth, 5 km from the coast and 4 km north from the Nooros field, discovered in July 2015
World - Region
Production capacity at Baiji refinery to reach 280 K bpd - Iraqi oil ministry
8/29/2020 8:59:43 PM
Business - Economy
New Mediterranean gas discovery could produce 32 million cubic feet per day: Egypt’s oil minister
7/28/2020 11:11:00 PM
World - Region
Kuwait joins Saudi move to reduce oil supply in June with 80,000 bpd cut
5/11/2020 5:09:24 PM
Business - Economy
Saudi Arabia to cut June oil output by an extra 1 mln bpd: Ministry
5/11/2020 3:49:11 PM
Global oil demand has slumped by about 30% as the coronavirus pandemic has curtailed movement across the world
Business - Economy
Saudi Arabia to hike oil output above 10 mln bpd in April after OPEC+ deal collapse
3/8/2020 11:16:40 AM
Business - Economy
Egypt agrees with five energy firms on exploration in Mediterranean
2/15/2020 1:10:56 PM
The five companies are Royal Dutch Shell, Chevron , BP, Total and Exxon Mobil, the petroleum minister said
Business -
Egypt's Sisi discusses cooperation with Bechtel and BP
2/11/2020 9:06:10 PM
Business - Economy
BP annual profit slides to $4.0bn on lower oil prices
2/4/2020 11:42:49 AM
Business - Economy
Walking on thin ice, Egypt's central bank may cut interest rates on Thursday
1/16/2020 11:41:10 AM
Bankers and financial experts expect the CBE to introduce new cuts to key interest rates by between 0.5 percent (50 bps) and one percent (100 bps) during the MPC's Thursday meeting
Egypt - Politics
Egypt raises production from Baltim South West gas field
11/5/2019 12:49:21 PM
Output is expected to rise to 500 million cubic feet of gas by the second quarter of 2020 when a total of six wells go online, the ministry had said earlier
Egypt - Politics
Egypt's offshore Baltim South West field starts production
9/17/2019 5:21:35 PM
Business - Economy
Oil majors curb FTSE losses as crude surges after Saudi attacks
9/16/2019 11:40:50 AM
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