- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Optimism among Arab circles that oil market will improve by end 2017
Kuwait’s Oil Minister Essam al-Marzouq said the market could gain balance by the third quarter of this year, as long as producers agreed to an OPEC cut-off agreement settled by end 2017. He...
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Iraq reduces Kirkuk oil exports to comply with OPEC’s agreement and meet local needs
According to Reuters, Iraq cut Kirkuk oil exports to fulfill commitment agreed with OPEC and provide the fuel needed to meet local needs in light of its war against al-Islamic state. The Kurdistan...
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Iraq’s Kurdistan negotiates $3 billion oil pre-payment deals
Iraq’s Kurdistan has agreed new deals to borrow $3 billion from trading houses and Russian state oil firm Rosneft that will be guaranteed by future oil sales to strengthen its fiscal position...
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Aramco agreement with Petronas gives Saudi Arabia the largest share in Asian markets
Reuters said that Saudi Arabia – the largest oil exporter in the world – cut a long way in the race for market share in Asia after it agreed some days ago to inject seven billion dollars in a...
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Saudi Arabia ahead for $60/b oil prices in 2017
Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from OPEC countries and the oil industry said. This is the level the OPEC heavyweight and its Gulf allies...
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UNDER THE PATRONAGE OF THE MINISTRY OF MUNICIPAL AND RURAL AFFAIRS (MOMRA), DAR AL RIYADH AND NISPANA JOINTLY ANNOUNCE THE FIRST SAUDI SMART CITIES CONFERENCE 2017
With the economic diversification plans in place, key government authorities across kingdom are emphasizing on providing the best quality of life for their citizens, which means seamless...
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Minister of Petroleum and DMG: Events Unfold Details of EGYPS 2017
His Excellency, Engineer Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources held a press conference in the lead up to Egypt Petroleum Show – EGYPS, which will take place between...
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What is a fossil fuel??
Fossil fuel is the most widely used fuel in the world, represents depleted non-renewable energy sources, and including three sources: – Coal – Crude Oil – Natural gas Fossil fuels...
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Kuwait’s KPC committed to OPEC oil output cut
State-owned Kuwait Petroleum Corp (KPC) said this week it was committed to an oil output cut agreed by the Organization of Petroleum Exporting Countries at a meeting in Vienna in November,...
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Libya – Oil production to rise to 700 thousand barrels per day
After a blackout in power in areas of Libya caused a dip in the country’s oil production, flows rebounded allowing Libya to see production rates of 700,000 barrels per day. The blackout occurred...
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