Some of Iran’s top customers are on the list of countries given temporary waivers
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ADNOC plans $132bn Capex until 2023, gas self-sufficiency and oil production capacity of 4mn bpd in 2020
The Supreme Petroleum Council approved ADNOC’s 2019-2023 $132bn Capex for growth across value chain
US will temporarily grant eight countries waivers to continue importing Iranian oil
This comes as the US treads the line between sanctions on Iran and potential oil supply disruptions
Interview: Saxo Bank Head of Commodity Strategy Ole Hansen on oil prices
“Right now, it seems like we have a tug of war between those worried about the price impact of US sanctions against Iran, and those who are looking further out who have seen the recent weakness in the stock market,” Ole Hansen said
Profits rise for oil majors amid higher oil prices and rising production
BP, Total and ConocoPhillips are among the oil and gas companies that felt a boost in profits amid higher oil prices.
RAKGas signs production sharing agreement for Zanzibar’s first oil and gas exploration project
The agreement surrounds Pemba Zanzibar Block, which measure 11,868 square kilometres.
Eni announces a new oil discovery in offshore Norway licence
Preliminary estimates of the size of the discovery range between 50mn and 60mn barrels of oil in place, with 15mn to 25mn recoverable
International Energy Agency: Major oil and gas exporters face ‘unprecedented challenges’ ahead
The agency’s Outlook for Producer Economies examined resource-dependent economies, like Saudi Arabia and the UAE
Schneider Electric VP of oil and gas talks about the purpose of digitalisation and trends to watch
Georges El Mir, vice president of oil and gas for Schneider Electric, spoke to Oil & Gas Middle East reporters about the purpose that digitalisation serves and trends among oil majors
Saudi energy minister says ‘no intention’ of oil embargo, unsure about spare capacity
Saudi Energy Minister Khalid al-Falih told Russia’s TASS news agency that the kingdom has no intention of implementing an oil embargo