Jordan extends MoU with Iraq for oil import, increasing exports by 50%
Importing crude oil from Iraq, according to Kharabsheh, is in line with the original Memorandum of Understanding that the governments of Jordan and Iraq signed on May 4, 2023...
Tag : crude oil
Iran’s new oil deals: All you need to know
Iran can produce about 31.8 million barrels of crude oil per day, according to the IEA's most recent estimate...
Dragon Oil announces plans to drill seven more wells in Egypt
Dragon Oil said it will spend USD 200 million to develop the Al Wasl oil field. By 2026, the company hopes to have drilled more wells and more than doubled the daily production...
Navigating the ‘oil’ uncertainty
China is the world's largest consumer of oil, therefore an increase in Chinese demand might help oil prices...
After a two-year hiatus, US oil shipment heads to South Africa
Kpler data show that Saudi Arabia, West and Central Africa, and South Africa are the primary sources of South Africa's oil...
IF Insights: Have the sanctions against Russia worked?
One of the primary objectives of the sanctions was to limit Russia's access to the global energy market and reduce its ability to export oil...
Tiny Spanish port emerges new hub for Russian oil trade
by WebAdmin
Since December 5, reported volumes of Russian oil on ships have fluctuated, reaching a new low at the end of that month...
OPEC oil production surges despite intended cuts
by Prajwal Wele
Many crude streams in Nigeria made more oil in December, and some businesses said that security had gotten better...