- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
- Libya to target producing 1.4 million b/d by end 2024
- TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
- H.E. Minister Al-Kaabi: Demand for oil and gas will continue for long; we have to be responsible, and Qatar is doing its part
- Egypt to stop exporting LNG starting from the beginning of May 2024
- 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
Corporations
Saudi Aramco canceled an investment of $ 10 billion in a refinery in China
24 August, 2020: The Corona virus epidemic caused the collapse of oil prices, and a decline in energy demand, which resulted in a review of the feasibility of energy companies’ projects around...
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TGS begins the most accurate geophysical survey in the Egyptian territory
Monday, August 17, 2020 TGS announced that it has commenced its first-ever regional airborne Enhanced Full Tensor Gravity Gradiometry (eFTG) multi-client survey – together with magnetic and Lidar...
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Aramco is reorganizing its downstream operations to become the most important integrated energy and chemicals company in the world.
The Saudi Arabian Oil Company announced the reorganization of its Downstream business to support and enhance integration across the hydrocarbon value chain and better position the Company to drive...
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UAE – Mohamed Alabbar removes all job titles from Emaar Group staff
Mohamed Alabbar removes all job titles from employees of Emaar Group for Development, Administrative and Real Estate Services. The company based in Dubai with 60 subsidiaries and wide operations in...
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Libya NOC Calls for Demilitarization of Oil Installations
The “National Oil Corporation” in Libya appealed to all the conflicting parties calling on them to “demilitarize the oil facilities” so that their workers can carry out their...
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23rd World Petroleum Congress in HOUSTON
The 23rd Petroleum conference will be held in Houston, Texas, in the United States of America from 6 to 10 December 2020. About 10,000 participants will attend, including about 50 ministers and 500...
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Emirati Dana Gas Seeks to Sell Its Assets in Egypt to Pay off the Sukuk
The UAE Company, Dana Gas, plans to use the revenues from its assets in Egypt that it is trying to sell to pay its Sukuk. These are the assets that are located on the shore in the Nile Delta without...
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The International Energy Agency: Clean Energy is more elastic in facing Covid-19 virus compared to fossil fuels
The International Energy Agency believes that renewable energy will be the single most elastic source in the face of the biggest shock to the global energy sector in 70 years due to the Covid-19,...
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Oman towards reducing its oil production to comply with OPEC+ agreement
Oman is heading to reduce oil production from its six largest blocks of production by 23% from the levels of the basic production line, as it produced 883,000 barrels per day in October 2018, to...
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G20 leaders pledge to support developing countries against the Corona pandemic
At the end of an emergency summit held via video, G20 leaders pledged to pump 5 trillion dollars into the global economy, to face the effects of the Corona “Covid-19” pandemic, and to...
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