News
The International Energy Agency expects oil demand growth to slow in 2024

The International Energy Agency (based in Paris) estimates that global oil production will increase during 2024 by about 770 thousand barrels per day, primarily due to an increase in supplies from...

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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...

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Libya to target producing 1.4 million b/d by end 2024

In an interview with Sky News Arabia, the Libyan acting Minister of Oil and Gas, Khalifa Abdel-Sadiq, said that his country aims to increase its oil production from 1.2 million b/d currently to 1.4...

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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...

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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...

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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,...

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QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels

QatarEnergy announced that it has selected Qatar Gas Transport Company Limited (Nakilat) to be the owner and operator of up to 25 conventional-size LNG carriers pursuant to Time Charter Parties (TCP)...

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The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran

The Kingdom of Saudi Arabia renewed its previous calls for the Iranian side to begin negotiations to demarcate the eastern border of the submerged area divided between the Kingdom and Kuwait as one...

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Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement

His Excellency Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, affirmed the UAE’s commitment to adopting clean energy, following a cooperative approach to confront global...

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The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune

Algerian President Abdelmadjid Tebboune issued instructions to the government to increase the pace of implementation in the new refinery project in the Hassi Messaoud region, which will become the...

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