- 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
Countries
Sultanate of Oman: 784 million riyals surplus in the budget in the first half of 2022
Sultanate of Oman: 784 million riyals surplus in the budget in the first half of 2022 The budget of the Sultanate of Oman recorded a financial surplus of 784 million Omani Riyals at the end of the...
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KNPC begins exporting from the environmental fuel project
The Kuwait National Petroleum Company began receiving the fruits of the environmental fuel project, which has been working for years and was opened in March 2022 The cost of the project amounted to...
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Walid Gamal El-Din appointed head of the General Authority for the Economic Zone of the Suez Canal
Egyptian President Abdel-Fattah El-Sisi, issued a republican decision appointing Walid Gamal El-Din, to succeed Engineer Yahya Zaki, as Chairman of the Board of Directors of the General Authority for...
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IEG ANNOUNCES THE GROUP’S STRATEGIC PLAN 267 MILLION EUROS IN 2027
Italy-Foreign growth strategy positions the Group among the top global players in terms of profitability, revenues at +49.2% compared to 2019, expansion between Asia, South and North America. A...
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ADNOC announces a new gas discovery in Abu Dhabi
A few days ago, the Abu Dhabi National Oil Company (ADNOC) announced the second discovery of natural gas resources in the first exploration well within the offshore block 2 concessions in Abu Dhabi,...
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The giant oil companies reaped huge profits in the second quarter of 2022
As a result of high energy prices and profitable margins for oil refining, western oil giants Exxon, Chevron and Shell were able to gain record profits of $46.2 billion in the second quarter of...
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Libya enters a new phase by ending the blockade and starting the flow of oil
Oil started flowing again after the new head of Libya’s National Oil Corporation announced the end of a three-month oil blockade. Production will gradually return to increase to reach more than...
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Suez Canal achieves the highest returns in its history
Lieutenant-General Osama Rabie, Chairman of the Suez Canal Authority said that the fiscal year 2021/2022 witnessed a significant increase in the number of ships transiting the canal, with a total of...
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ExxonMobil signs strategic agreement with Qatar Energy to expand North Gas Field
Qatar’s North Gas Field is an extension of Iran’s South Pars field and is the largest gas field in the world owned by neighboring countries Qatar and Iran. Recently, Qatar signed...
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Sonatrach expects the country’s oil revenues to rise to 50 billion dollars this year 2022
Amid fears of a lack of supply and the repercussions of the Russian-Ukrainian crisis, Algeria benefited from the rise in global oil and natural gas prices, as its revenues jumped by about 70 percent...
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