- 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
top news
Convergence of views between Saudi Arabia and Russia regarding OPEC Plus production rates
An official source at the Ministry of Energy announced that the Kingdom will extend the voluntary reduction of one million barrels per day, which began in July 2023 and was extended to include the...
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The World Bank expects the growth of GCC economies to slow to 2.5 percent in 2023
The World Bank lowered its forecast for the growth of the economies of the Gulf Cooperation Council to about 2.5 percent in 2023, down from 3.2 percent of its last forecast last April, but overall it...
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IEA expects demand to exceed supply by 2 million b/d in the second half of 2023
Sources from the International Energy Agency expected global oil demand to grow by 2.2 million barrels per day in 2023, to reach 102 million barrels per day, which is considered a record level and...
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Oil producers in the (OPEC +) group to reduce significantly oil production for May 2023
The Kingdom of Saudi Arabia and other countries within the OPEC Plus group announced further cuts in their oil production until the end of 2023, with the aim of supporting the stability of oil...
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UAE: Numerous projects and strategic goals in the field of solar energy
As part of its strategic plans to achieve sustainable development and preserve the environment, the UAE has been active in establishing huge clean and renewable energy projects, especially solar...
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Kuwait: The Chairman of KOC makes important remarks about the Kuwaiti oil sector
Prior to assuming the presidency of the Kuwait Oil Company, Ahmad Al-Aidan was responsible for achieving oil and gas discoveries in Kuwait as he processes long experience in reservoirs and their...
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Libya – to increase oil production to 2 million barrels per day by the end of 2025
Libya seeks to increase its crude oil production to 2 million barrels per day within 3 years. Libyan Oil Minister Mohamed Aoun is looking forward to achieving more oil and gas discoveries in the...
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Sultanate of Oman: 2.6% increase in crude oil and condensate production
Crude oil and condensate production in Oman increased by 2.6 percent until the end of March 2023, to reach 95.7 million barrels, compared to 93.3 million barrels until the end of March 2022,...
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New hydrocarbon deposits discovered in Chechnya, 1st time in 30 years
For the first time in 30 years, new hydrocarbon deposits have been discovered in Chechnya, Rosneft said, Report informs via Russian media. “Geologists from the Rosneft Science and Technology...
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Saudi Arabia, UAE, other OPEC+ oil producers announce voluntary output cuts
Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production, with Riyadh saying it would cut output by 500,000 barrels per day (bpd) from May until the end of...
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