Oil Set for Weekly Loss on Iran Nuclear Talks

Oil prices steadied slightly on Friday after three days of losses, but were on track for a weekly fall as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress a nuclear deal

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Dana Gas reports $24 million net profit in Q1 2021

Dana Gas on Sunday announced its financial results for the first quarter ended 31st March, 2021.

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MENA region energy investment to exceed $805 billion through 2025

Middle East and North Africa energy investments are forecast to exceed $805 billion over the next five years (2021 to 2025), according to The Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution.

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Oil Giants Return to Profitability in First Quarter on Higher Oil Prices

After a string of losses, ExxonMobil and Chevron on Friday both reported a return to profitability in the first quarter, bolstered by a significant jump in oil prices

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The fifth field in the offshore project, Raven will significantly boost production of WND

Wintershall Dea and operator bp produce gas from Raven, the fifth field of the offshore West Nile Delta project.

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The Most Anticipated Licensing Round Of 2021

The energy markets have seen several major upsets during the 21st century yet one can state fairly confidently that the market slump of 2020-2021

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New era in oil pricing: What you need to know about UAE ICE Murban Futures

Abu Dhabi has started trading its Murban oil futures contract today, aiming to consolidate UAE position as a global oil power.

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What a Long Suez Canal Closure Means for the Oil Price

We are probably looking now at the longest ever accidental closure of the Suez Canal, the vital trade link from the Middle East and Asia to Europe and North America, but oil markets aren’t blinking.

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