Kuwait and Saudi Arabia agree to stop the political dispute related to oil production from the fields of the Neutral Zone, which lasted for five years, and the agreements paved for the resumption of...
Read more28.11.2019 Gulf Petrochemical Industries Company (GPIC) wins a gold medal in the field of industrial excellence from the International Fertilizer Association (IFA) in November during the...
Read more15.11.2019 Royal Dutch Shell has appointed Citibank to manage the $1 billion sale of oil and gas in Egypt’s Western Desert. Sources told Reuters the sale would officially begin at the end of...
Read more24.11.2019 Bahrainis account for 80% of employees in companies run by the National Oil and Gas Authority (NOGA). Oil Minister Sheikh Mohammed bin Khalifa Al Khalifa confirms that Bapco’s...
Read more21.11.2019: ExxonMobil is working to increase its asset sale program significantly, and is expected to give up oil and gas assets in Asia, Europe and Africa, worth up to US $ 25 billion, in order to...
Read moreIn a keynote speech at the 40th Annual Oil and Money Conference in London organized by Energy Intelligence in October 2019, Dr. Sultan Al Jaber, Minister of State and CEO of ADNOC group of companies,...
Read moreOPEC General Secretary Mohammed Barkindo said the Saudis have shown the world that they are a reliable source of oil supplies. He also said that the rapid moves taken by Saudi Arabia to resume...
Read moreUS energy companies have cut the number of oil rigs in operation for a seventh consecutive week, as producers continue to implement plans to cut spending on new drilling this year, according to...
Read moreAlgeria’s oil and natural gas production fell 1.3%, while refined products fell 4.9% in the first half of 2019 from the same period a year earlier, government sources said. Algeria, one...
Read moreThe Organization of Petroleum Exporting Countries (OPEC) and its allies in Abu Dhabi agree on September 12, 2019 to maintain the current levels of reductions in oil production until next...
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