Egypt will substantially raise the price of its gas exports to Israel, which have stopped after militants blew up a Sinai desert pipeline, an Egyptian newspaper reported on Tuesday.

… more

The International Energy Agency (IEA) warned on Tuesday that hundreds of billions of fossil fuel subsidies "encourage wasteful consumption" and discourage investment.

… more

Iraq’s cabinet awarded a $518 million contract for an oil export expansion project to Leighton’s Singapore-registered Leighton Offshore Pte Ltd, an Iraqi government spokesman said.

… more

the head of Libya’s National Oil Corporation told Reuters in an interview the country will start pumping oil at two major oilfields with a combined capacity of 450,000 barrels per day  (bpd) in about two weeks.

… more

Four workers have been killed and two injured in a gas pipe explosion at Kuwait’s largest refinery of Mina al-Ahmadi.

… more

Saudi Minister of Petroleum and Mineral Resources, Ali Ibrahim Al Naimi met here today with visiting Italian Minister of Economic Development Paolo Romani.

… more

Iraqi oil exports were 2.101 million barrels per day in September compared to 2.189 million bpd in August, the head of the State Oil Marketing Organization (Somo), said on Saturday.

… more

Croatia’s INA, one of the most active foreign companies in Syria, has halved its oil production in the country from some 3,000 b/d to 1,500 b/d, the company said Wednesday.

… more

Iraq’s oil exports through the main oil pipeline, carrying Iraqi crude through Turkey, has stopped entirely,

… more

Iran is expected to sign an oil investment deal worth $50bn with Qatar soon, Iran’s Oil Minister Rustam Qasmi was quoted as saying in a report by UPI yesterday.

… more