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...
Read moreKuwait Oil Company is developing a plan to implement OPEC’s new decision by cutting Kuwait oil production by 646 thousand barrels per day in order to reduce the world oil glut in the market and to...
Read moreOman LNG has allocated 6 million Omani Rials to fight Covid-19. The company will contribute an amount of 2 million Omani Riyals to the fund established by the Higher Committee for Covid-19 and the...
Read moreIn an interview with the Bahraini Minister of Energy, Sheikh Mohammed bin Khalifa Al Khalifa, for the Oil and Gas Middle East Network, commenting on the current situation of the oil sector: “We...
Read moreThe Kuwaiti Ministry of Oil announced on Sunday 5 April 2020 that it had exported the first shipment of oil from the Khafji field outside the country, through joint operations in the neutral zone...
Read moreOil prices in world markets have fallen to about $20 a barrel, the lowest level in the past two decades. The sharp decline in oil prices is attributed to the spread of Corona virus (Covid-19) and the...
Read moreOn Tuesday, 10th of March 2020, the Kuwait Oil Tanker Company (KOTC) received the huge LNG carrier “Umm Al-Ruwaisat” as part of a comprehensive overhaul of the company’s fleet, according to...
Read moreMore than 30 projects are under development in the coming years across Latin America, indicating the region’s great potential in the LNG industry. Thanks to exploring Vaca Muerta, Argentina has...
Read moreNatural gas is the purest and cleanest fossil fuel that exists, it generates fewer emissions than other fossil fuels, making it an environmentally friendly fuel, it has approximately 30% less carbon...
Read moreIn January 2020, Tina Bru was appointed as Minister of Oil and Energy in Norway. She stated after her appointment that she plans to develop renewable energy with the aim of pushing Norway to become a...
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