Over half of Libya’s oil production, or around 700,000 barrels per day (bpd), was offline on Thursday, as a standoff between rival political factions over…
Posts tagged as “oil”
Libya’s eastern-based administration announced on Monday that it would shut down all oil fields and suspend all production and exports in a surprise move that…
Türkiye is advancing its fleet of energy vessels with a new ship purchased to ramp up the production of natural gas the country found in…
Chief executive of British energy major BP Murray Auchincloss pledged on Tuesday to fundamentally “reset” the company’s strategy as it reported a 35% fall in…
The outgoing administration of U.S. President Joe Biden reportedly plans to impose more sanctions on Russia over its war on Ukraine, aiming for its oil…
Saudi Arabia on Sunday initiated a secondary share sale in the oil giant Aramco, a landmark deal that could generate up to $13.1 billion, serving…
Saudi Arabia’s government plans to sell a new stake in state oil giant Aramco worth more than $10 billion, the company announced on Thursday, in…
Iraq’s Oil Ministry on Tuesday called for a meeting with the Ministry of Natural Resources from the semi-autonomous entity controlling Iraq’s north and international companies…
Oil prices steadied on Monday morning amid political uncertainty in major producing nations following the death of Iran’s president and other officials in a helicopter…
No progress has been made in long-standing talks for international oil companies to resume exporting crude from the semi-autonomous entity controlling Iraq’s north to Türkiye,…