- 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
IMF report: The sharp collapse in the oil price will put more burdens on the global economy
The International Monetary Fund (IMF) warns that the sharp collapse in the oil price will put more burdens on the global economy. The financial strains on exporters and the deep investment cutbacks...
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Saudi Arabia to Oil Executives: Reduce your costs or leave the business
“It sounds harsh, and unfortunately it is, but it is the most efficient way to rebalance markets,” Saudi Arabia oil minister and the world’s most powerful oilman Ali al-Naimi told the...
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Wood Mackenzie: Industry needs to start adapting for the longer term
Most companies are currently focused on surviving at US$30/bbl by cutting costs and activity, but the industry also needs to start adapting for the longer term, according to a report by Wood...
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Total CEO: TOTAL will not cut jobs and will need workers when the price goes up
Patrick Pouyanne the CEO of French oil and gas giant TOTAL said recently in a radio interview that the company would not cut jobs as other oil and gas companies have done, despite an expected drop in...
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Iran’s first Vice President, Es’haq Jahangiri: Iran’s crude exports will reach 1.5 MMbpd by March 2016
Iran’s crude oil exports will reach 1.5 MMbpd next month as Tehran moves to benefit from sanctions relief. “Today, our oil exports have reached 1.3 MMbpd, which will reach 1.5 MMbpd by...
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Christine Lagarde Managing Director of IMF
Christine Lagarde Managing Director of IMF: IMF calls Arabian Gulf countries to impose taxes to cover oil prices deterioration
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Russian Energy Minister Alexander Novak
Russian Energy Minister Alexander Novak: “We are ready to maintain the level of oil production of January 2016 and not exceed it, so as to stop deterioration in oil prices”
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Oil and Gas Situation in Kuwait
Oil and Gas Situation in Kuwait Mohamad Hassan Salem Chairman/ Middle East Center for Energy Information General: It is located in the northwestern corner of the Arabian Gulf, which borders it from...
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Russia sees possibility for economic contraction
With energy playing a dominate role in national finances, Russia’s deputy prime minister said Friday an economic contraction is possible for this year. “Speaking about most short-term...
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Wood Mackenzie: Industry needs to start adapting for the longer term
Most companies are currently focused on surviving at US$30/bbl by cutting costs and activity, but the industry also needs to start adapting for the longer term, according to a report by Wood...
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