- Opening ceremony of the 17th Arab Steel Summit under the patronage of H.E. Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affa...
- Algeria allocates $3.5 billion to support exploration and to increase the size of hydrocarbon reserves
- Qatar Energy to add another 2 gigawatts to its installed solar capacity
- Indian Oil Corporation signs second agreement with Ruwais LNG
- The Iraqi government is unable to reduce production from Iraqi Kurdistan to be in line with OPEC+ decisions
- Saudi Arabia's oil export revenues to fall in 2024 due to repeated voluntary production cuts
- ASRY Awarded 2024 RoSPA Gold Medal in Health and Safety
- BP ponders shifting focus away from renewables, say sources
- QatarEnergy enters 10-year naphtha supply agreement with Japan’s ENEOS Corporation
- The International Energy Agency expects oil demand growth to slow in 2024
Markets
The International Monetary Fund re-selects Kristalina Georgieva as its director
The Executive Board of the International Monetary Fund has selected Ms. Kristalina Georgieva to fill the position of Director General, for a second five-year term beginning on October 1, 2024. The...
Read more
TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
During a visit in Muscat on 21st April 2024 Patrick Pouyanné, Chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Said and His Excellency Eng. Salim bin Nasser Al...
Read more
H.E. Minister Al-Kaabi: Demand for oil and gas will continue for long; we have to be responsible, and Qatar is doing its part
DOHA, Qatar • 28 April 2024 – His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, took part in the World Economic Forum’s...
Read more
Egypt to stop exporting LNG starting from the beginning of May 2024
In 2018, Egypt largely stopped importing liquefied natural gas, and has transformed from a net importer of gas to an exporter of it since late 2018, thanks to the rapid growth in gas supplies,...
Read more
Kuwait Oil Company to cut production by 646 thousand barrels per day to implement its share of the (OPEC+)
Kuwait Oil Company is developing a plan to implement OPEC’s new decision by cutting Kuwait oil production by 646 thousand barrels per day in order to reduce the world oil glut in the market and to...
Read more
Oman will cut oil production by 23% in May & June 2020
The Omani Ministry of Oil and Gas said on Tuesday, April 14, 2020 that it will cut oil production by 23% in May and June, to comply with the OPEC+ cutoff agreed on Sunday, April 12, 2020, and...
Read more
Bahrain Energy Minister: OPEC+ alliance resumption would have made the oil market balanced
In an interview with the Bahraini Minister of Energy, Sheikh Mohammed bin Khalifa Al Khalifa, for the Oil and Gas Middle East Network, commenting on the current situation of the oil sector: “We...
Read more
Oil prices to fall amid news of delaying the Saudi and Russian talks
Global oil prices fell after the meeting of Saudi Arabia and Russia on the trend to cut production was postponed as the spread of the Corona virus affected demand, BBC reported. Trump expected Saudi...
Read more
Agreement on Oil Production Rates.. Saudi Arabia and Russia at Crossroads
Russia announced a few days ago that it will not support further cuts in oil production from OPEC+. This was followed by a notable decline in crude oil prices, to reach today at $37 a barrel (Brent...
Read more
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...
Read more
