- BP signs deal to drill five gas wells offshore Egypt
- Iraq Discusses Establishing Oil Pipeline from Basra to the Sultanate of Oman
- QatarEnergy Signs Long-Term Helium Supply Agreement with Germany’s Messier
- Kuwait Considers Leasing 13 Pipelines to collect Up to $7 Billion
- Oman: OQ Exploration and Production Looks to Unveil New Projects
- Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.
- Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.
- Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.
- Egypt Signs Solar Energy Project with UAE, Bahrain, and China
- Libya Cooperates with the United States to Develop the Oil and Clean Energy Sector
Energy
OPEC to extend oil output cuts till June Cause of Coronavirus
OPEC sources have confirmed to Reuters that they want to extend the current cuts in oil production until June 2020, with the possibility of making further cuts if oil demand in China is greatly...
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ECSSR: Abdul Latif Al-Zayani: “GCC is a successful model for regional cooperation in facing challenges”
His Excellency Dr. Abdullatif bin Rashid Al Zayani, Secretary-General of the Cooperation Council for the Gulf Arab countries, delivered a lecture on Wednesday 15 January 2020 at the Sheikh Zayed Hall...
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Dragon Oil of UAE on its way to expanding investment in the Egyptian oil sector
Eng. Tariq Al Mulla, Minister of Petroleum and Mineral Resources witnessed the ceremony held by the Emirati Dragon Oil Company on the occasion of completing the agreement to acquire the British BP...
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OPEC and Russia deepen oil output cuts
Sources told Reuters that OPEC and its allies led by Russia are close to the agreement to reduce oil supplies for next year, to support crude prices and prevent the abundance of oil. The Organization...
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Oil prices jump to $70 a barrel due to tension in the Gulf region
As tensions between the United States and Iran escalated, oil prices jumped to more than $70 a barrel. The immediate rise in prices was among the biggest jumps since the attack on Aramco oil...
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Saudi Arabia and Kuwait agree to restore shared Oil Production in Neutral Zone
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...
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GPIC wins The Gold Medal in France
28.11.2019 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...
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Shell withdraw from onshore projects in Egypt
15.11.2019 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...
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Launching the first Solar Project in Saudi Arabia
27.11.2019 The governor of Saudi Arabia’s Jouf region announced that they are launching the first renewable energy project before the end of 2019, according to the Saudi Press Agency. Mohammed...
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Increasing “Bahrainisation” operations in the Bahraini oil sector
24.11.2019 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...
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