Energy
Rapid increases in gas production from the Egyptian «Zohr» field

The Russian energy company Rosneft said that natural gas production from the Egyptian field “Zohr”, which is the largest gas field in the Mediterranean, has more than tripled in the first half of...

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OPEC expects global oil demand to rise by 2020

  The Organization of Petroleum Exporting Countries (OPEC) has forecast that global demand for oil will increase by about 1.14 million barrels per day in 2020. “The factors that could...

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Saudi Aramco Launch First Hydrogen Fuel Station in Saudi Arabia

Saudi Aramco and Air Products launched the first hydrogen fuel station in the Kingdom at the new technology center of Air Products in Dhahran Technology Park. The experimental plant will provide...

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Iraqi oil minister: OPEC agreement + will be reduced The stock achieves price stability

Iraq’s Oil Minister Thamir al-Ghadhban said on Wednesday that OPEC and its allies’ agreement to extend oil production cuts by the end of March 2020 would reduce stocks, help stabilize the...

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Egyptian oil companies won new contracts outside Egypt

  Minister of Petroleum and Mineral Resources Tariq al-Mulla confirmed that Egyptian oil companies won new contracts outside Egypt. He added that investments from the Egyptian companies in foreign...

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11 Million People Employed in Renewable Energy in 2018

Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA). This compares with 10.3 million in...

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Saudi Arabia and Russia agree to extend OPEC’s agreement to cut oil production

Russian President Vladimir Putin said on Saturday that Russia had agreed with Saudi Arabia to extend the OPEC deal to cut oil production for between six and nine months as oil prices are being...

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Aramco is concerned about Gulf attacks .. but can deliver the Demand

Saudi Aramco’s chief executive said the company was concerned about recent events in the Gulf, but Aramco could meet the needs of its customers, thanks to its experience and its spare...

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Falling Renewable Power Costs Open Door to Greater Climate Ambition

Renewable power is the cheapest source of electricity in many parts of the world already today, the latest report ”Renewable Power Generation Costs in 2018” from the International Renewable...

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Minister of Petroleum and US channel: the export of gas increases the strength of Egypt’s foreign policy

US channel CNBC said that Cairo is expected to become a gas exporter by the end of 2019, and the country has witnessed widespread interest in inspiring natural gas, especially after the success of...

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