Aydin Calik

U.S. Presidential Advisor , Boulos, announced that U.S. government is close to signing two new agreements with Libya NOC. One MoU with ExxonMobil will enable offshore exploration, while another will see a partnership between Waha Oil & ConocoPhillips to develop Libyan oil fields

Statement on the upcoming JMMC meeting In light of recent media reports regarding the upcoming JMMC meeting, the OPEC Secretariat clarifies that the Committee, scheduled to convene on 28 July, does not hold decision-making authority over production levels. Its role is limited to…

New🇮🇶: #Iraq's federal government and its semi-autonomous #Kurdistan region reached an agreement on allocation of oil production volumes, paving the way toward the restart of northern Iraqi crude exports through Turkey's Ceyhan port. Details of the deal👇🏼 argusmedia.com/en/news-and-in…

#Breaking🇮🇶: Senior Iraqi oil ministry sources told me the KRG-GoI agreement stipulates, • Erbil to deliver 230,000 b/d of oil to Iraq state marketer Somo • 60,000 b/d of oil allocated for KRG local use • cost of production in Kurdistan: $16/bl More to follow. #oott

UPDATE: Attacks on oil fields in Kurdish region of Iraq have caused the shut of more than 200kbd of output, according to @apikur_oil @Argusmedia estimates the region was producing about 250-300kbd before the attacks #OOTT

Further Israeli strikes on Syria's General Security HQ in Damascus.

🇸🇾 2 weeks after Donald Trump signed an order to lift sanctions on Syria, @Shell sent execs to Damascus to discuss "prospects for future cooperation." Shell had a 32% stake in the al-Furat consortium that operated 100k b/d crude output. But suspended ops due to sanctions. #oott

🇮🇶🇮🇶Multiple media reports suggest that #Baghdad and #Erbil have reached a preliminary agreement on: • Monthly salary payments for #Kurdistan’s public servants • Erbil’s handover of monthly oil and non-oil revenues However, it is still too early to declare a breakthrough.…

Attacks have targeted almost all #KRG oil production capacity and knocked out around half of its output and possibly more Shaikan – 40kbd (offline) Tawke – 60kbd (offline) Sarsang – 30kbd (offline) Khurmala – 100kbd (on/off?) Ain Sifni - 10kbd (on/off?) Total affected: 240kbd…

Breaking🇮🇶: DNO ASA says operations at its Tawke license in Kurdistan, #Iraq, have been temporarily suspended after 3 explosions this morning, one hitting a storage tank at Tawke, another damaging surface equipment at Peshkabir. No injuries reported. Damage assessment underway…

Update🇮🇶: Within 24 hours, the Khurmala oil field in Erbil province, in #Iraq’s semi-autonomous #Kurdistan region, was targeted by two drones, while an explosion also hit the Sarsang field facility. The incidents come amid rising tensions between #Erbil and #Baghdad over the…

ICYMI: 🇺🇸🇮🇶🇮🇷 The US @StateDept has warned Baghdad it'll sanction the Iraqi Oil Marketing Co (Somo) and freeze $350m of its oil revenues if it doesn't deal with Iranian oil smuggling networks. Iraq's parliament to summon the oil minister and SOMO directors this week: @K24English

New🇸🇦: #SaudiArabia raised oil production by 600,000 b/d in June, according to @ArgusMedia’s assessment — an unusual move for a country known for sticking closely to its #Opec+ targets and chasing others over them. The reason? A precautionary response to the 12-day #Israel-#Iran…

Yes. #Saudi crude production was up in June, well above its #Opec+ target. Weird, right? If you're asking yourself, why? Have a read of this 👇 argusmedia.com/en/news-and-in…

Libya’s Oil Sector in H1 2025: +34,000 b/d in new capacity vs. a 29,000 b/d net drop — why? In the first half of 2025, Libya’s National Oil Corporation (NOC) launched a series of onshore and offshore projects that added more than 34,000 barrels per day in new production…