- Egypt and Cyprus sign framework agreement for cooperation on gas
- Italy hopes to receive more gas from Algeria, Meloni says
- Kuwait oil CEO says Iran is ‘holding the world’s economy hostage’
- QatarEnergy says it needs to declare force majeure on some LNG contracts
- Saudi boosts Yanbu crude oil exports as it works around Hormuz halt, data shows
- Kuwait expands oil, gas strategy with overseas ventures, new projects
- Libya: Oil production resumes at Sinawen field after more than three years
- Saudi Aramco achieves significant progress in its gas production plan
- QatarEnergy wins Libya offshore exploration license
- Mubadala Energy completes the acquisition from Eni of a 15% interest in Egypt’s Nargis Concession
Energy
Italy hopes to receive more gas from Algeria, Meloni says
Italy hopes to receive more gas from Algeria after agreeing to strengthen energy cooperation with the north African nation, Italian Prime Minister Giorgia Meloni said on a visit to...
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The International Energy Agency expects oil demand growth to slow in 2024
The International Energy Agency (based in Paris) estimates that global oil production will increase during 2024 by about 770 thousand barrels per day, primarily due to an increase in supplies from...
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The International Monetary Fund re-selects Kristalina Georgieva as its director
The Executive Board of the International Monetary Fund has selected Ms. Kristalina Georgieva to fill the position of Director General, for a second five-year term beginning on October 1, 2024. The...
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Libya to target producing 1.4 million b/d by end 2024
In an interview with Sky News Arabia, the Libyan acting Minister of Oil and Gas, Khalifa Abdel-Sadiq, said that his country aims to increase its oil production from 1.2 million b/d currently to 1.4...
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TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
During a visit in Muscat on 21st April 2024 Patrick Pouyanné, Chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Said and His Excellency Eng. Salim bin Nasser Al...
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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
DOHA, Qatar • 28 April 2024 – His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, took part in the World Economic Forum’s...
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Egypt to stop exporting LNG starting from the beginning of May 2024
In 2018, Egypt largely stopped importing liquefied natural gas, and has transformed from a net importer of gas to an exporter of it since late 2018, thanks to the rapid growth in gas supplies,...
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Qatar Energy is committed to LNG supplies despite the turmoil in the Red Sea
QatarEnergy confirms that Qatar’s LNG production continues uninterrupted, and its commitment to ensuring the reliable supply of LNG to its customers remains unwavering. While the ongoing...
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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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Kuwaiti Haitham Al-Ghais, the new Secretary-General of “OPEC”
Months before the end of his presidency of OPEC, the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Muhammad Barkindo, passed away. Barkindo had served as the...
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