Oil
33 billion dollars for Iraqi crude oil sales by the state company (SOMO) during the first half of 2021

Sales of Iraqi crude oil by the Oil Marketing Company, which represents the federal government, from the southern ports of Basra oil, as well as from the northern port of Kirkuk crude from the...

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Japan plans to double the share of renewable energies in the power grid at the expense of reducing the share of fossil fuels to less than half over the next decade.

Japan is the third largest economy in the world. The Japanese energy goals are made clear in Japan’s draft National Energy Strategy, and they include a huge leap toward carbon reduction. The...

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Algeria: Directions to benefit from nuclear capabilities, and the signing of an addendum to the natural gas contract with Eni

Minister of Energy Transition and Renewable Energies Shams El Din Chitour and Minister of Energy and Mines Mohamed Arkab called for the urgent implementation of a strategy to increase the...

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Libya: Serious steps to support cooperation between Libya and Algeria in the field of energy

The Libyan Minister of Oil and Gas, Mr. Mohamed Ahmed Aoun, met his Algerian counterpart, the Minister of Energy and Mines, Mr. Mohamed Arkab, in the presence of the two presidents and general...

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Emirates: The increase in energy demand in Dubai confirms the recovery of various activities in the emirate

Saeed Mohammed Al Tayer, CEO of the Dubai Electricity and Water Authority, announced that the demand for energy and peak load in the Emirate of Dubai has increased by about 10%, from the beginning of...

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Iraq: The priority is to stop gas flaring and increase investment in oil, gas and clean energy

In a statement to the Iraqi News Agency, Iraqi Oil Minister Ihsan Abdul-Jabbar stressed that the ministry’s most important priorities and plans are to stop burning associated gas resulting from...

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Bahri Named ‘Ship Operator of the Year’ at ShipTek Awards 2021

In yet another testament to its outstanding performance and service quality, Bahri, a global leader in logistics and transportation, was named the ‘Ship Operator of the Year’ at the prestigious...

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UAE: ADNOC Logistics and Services acquires 6 mega-crude oil tankers

ADNOC Supplies and Services announced the acquisition of 6 giant crude oil tankers, through the purchase of two giant crude oil tankers that join the company’s fleet immediately, and a contract...

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Saudi Arabia: The CEO of Aramco expects an improvement in oil demand and prices in the near term

During his participation in a virtual discussion session at the Sierra Energy Week 2021 conference, Saudi Aramco President and Chief Executive Officer, Eng. Amin Hassan Al-Nasser, expressed his...

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Iraq plans to increase its oil export capacity to 6 million barrels per day

Iraq currently has a production capacity of 5 million barrels per day, and this capacity allows it to export more than 3 million barrels per day. Iraq is the second largest producer of crude oil in...

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