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High-Level Meeting at Central Bank of Libya for Oil Production Boost

A high-level meeting was held at the Central Bank of Libya (CBL) on Wednesday, January 31, 2024, bringing together key figures from the country's economic landscape. The meeting was attended by Farhat Ben Qadara,...

Aramco Holds Steady at 12 Million Barrels: Saudi Arabia Puts Brakes on Production Expansion

Dhahran, Saudi Arabia – In a surprise move, Saudi Aramco, the world's largest oil company, announced today that it will halt planned production increases and maintain its maximum sustainable capacity (MSC) at 12 million...

QatarEnergy & Excelerate Sign 15-Year LNG Supply Pact to Bangladesh

DOHA, Qatar — In a groundbreaking development, QatarEnergy and Excelerate Energy have cemented a formidable long-term LNG Sale and Purchase Agreement (SPA), charting the course for the supply of liquefied natural gas (LNG) from...

Turkish Energy Minister Emphasizes Vital Role of Turkish-Iranian Oil Partnership

In a notable development underscoring the intricate dynamics of global energy diplomacy, the Turkish Energy Minister, Alparslan Bayraktar, in a recent statement, articulated the enduring strength of Turkish-Iranian relations within the oil industry. The...

Iraq to Launch Liquefied Gas Import Platform, Boosting Energy Sector

In a significant move to enhance its energy infrastructure, Iraq's Ministry of Oil has unveiled plans to launch a liquefied gas import platform, set to be operational within the next two years. The announcement...

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