Tag: plan
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Saudi Energy Minister: The Kingdom guarantees the security of oil supplies to Japan..and this is our plan
Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz said that his country’s relations with Japan in the field of energy are solid and reliable for more than half a century. He added, in statements to the Saudi Press Agency, “SPA”, today, Sunday, July 16, that both the Kingdom and Japan are keen to develop…
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A plan to increase oil production in the Congo before reviewing the OPEC+ baselines
Oil production in the Congo is expected to increase significantly by next year (2024), before a review of baselines for OPEC+ countries in November, which may see an increase in quotas. It was agreed to cut the alliance’s total production by 1.4 million barrels per day in 2024, after hours of tense negotiations at the…
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Sources reveal the fuel price plan in Egypt before an official (private) meeting
The Automatic Pricing Committee for Oil Derivatives is preparing for a meeting to set fuel prices in Egypt, during the first week of next July (2023), a meeting that comes after a few weeks of moving diesel prices alone, which raises speculation about trends. The government towards moving prices again, or not. Informed sources revealed,…
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Developments of the Oil and Gas Sector in Iran within the Seventh Development Plan (Article)
Read in this article • The plan aims primarily to address the biggest economic problems facing the country • The Sixth Development Plan faced major challenges in the petroleum industry • The policies of the Seventh Development Plan do not provide a clear pattern of development and transformation in the oil and energy sector •…
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A plan to increase fuel storage capacity in Vietnam with an investment of $11.5 billion
The weakness of Vietnam’s fuel storage system has led to a series of problems in the country’s fuel supply over the past year. This prompted officials to develop long-term plans to increase future storage capacities. Vietnam’s Ministry of Industry and Trade has prepared a plan to increase national fuel storage capacities with a required investment…
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Launching a plan to develop the Libyan oil sector to increase production to two million barrels per day (video and photos)
The head of the Libyan Oil Corporation, Farhat bin Qadara, announced the start of developing the strategic plan for the oil and gas sector in the country. Today, Wednesday, the KPC, in cooperation with the American Kearney Company, launched the development of the strategic plan for the sector, which includes the KPC and its subsidiaries.…
