Libya’s largest oil field shut down
El Sharara oil field is located at the south-western Murzuq Desert.
Government hedges against oil price increase at under $70 per barrel
Renewal of hedging contracts every 3 months with review of oil value…
Oil prices slightly regain ground, Brent reaches $64.93 per barrel
Price recovery backed by supply tightening, future disruptions due to Gulf tensions,…
Turkey urges Greek Cypriots to accept oil drilling plan
FM Cavusoglu, urged Greek Cypriot government to accept cooperation plan on drilling
Government reviews oil hedge rates after sudden fall in oil prices
State budget bore $5 difference in price of barrel for JP Morgan,…
Eni completes gas processing plant with capacity of 3.2bn scf/day
Project’s investments are estimated at $5bn, says source
Oil surges above $72 per barrel awaiting regional political movements
Bank of America expects Brent to rise to $90 per barrel
Oil prices jump $0.90 per barrel, following Aramco pipeline, two Saudi oil tankers attacks
Political moves resulting from these attacks will affect oil market, says expert
Saudi oil-pumping stations attacked by drones
Houthi-run Al-Masirah TV cited military official saying seven drones staged attacks on…
Egypt to renew oil hedging to shield against oil prices fluctuations: Minister of Petroleum
Renewal is essential to secure subsidy allocations from price changes, says El-Molla