Gulf Countries
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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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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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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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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