- UAE leaves OPEC in blow to global oil producers’ group
- Kuwait declares force majeure on oil shipments amid Hormuz blockade, Bloomberg News reports
- Libya signs preliminary agreement with Chevron to assess shale oil and gas resources
- Middle East conflict could cause 120 bcm of LNG supply loss from 2026-2030, IEA says
- Loss of energy output in MidEast will take about two years to recover, IEA says
- Egypt and Cyprus sign framework agreement for cooperation on gas
- Italy hopes to receive more gas from Algeria, Meloni says
- Kuwait oil CEO says Iran is ‘holding the world’s economy hostage’
- QatarEnergy says it needs to declare force majeure on some LNG contracts
- Saudi boosts Yanbu crude oil exports as it works around Hormuz halt, data shows
News
Iran: Oil Minister confirms his country’s intention to increase oil exports
Iranian Oil Minister Javad Oji said a few days ago that his country is determined to increase its oil exports, despite the sanctions imposed by the United States on Iran’s crude sales, adding...
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CDEPE WILL TAKE PLACE FROM 18TH TO 20TH NOVEMBER 2021
Rimini (Italy) 2nd September 2021 – Chengdu International Environmental Protection Expo (CDEPE) will take place from Thursday 18th to Saturday 20th November 2021 in the Chengdu Century City New...
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Sultanate of Oman: Inaguration the first plant for biodiesel and biofuels
Synergy Bio Fuels has announced the start-up of Oman’s first biodiesel plant in the Samail Industrial Area. The plant successfully produced the first batch of 30 tons of biodiesel from used...
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Algeria: The Prime Minister declares that the investment in oil will rise to 10 billion dollars in 2023
Algerian Prime Minister and Finance Minister Ayman Ben Abdel Rahman said that Algeria continues to increase investment in extraction and development in the oil sector, to rise from $7.4 billion in...
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Saudi Arabia: The giant Saudi oil company, Aramco, records a profit of nearly 300% in the second quarter of 2021
Saudi Arabia is the world’s largest oil exporter, and Aramco is the world’s largest oil producer and one of the most important companies in the world in terms of financial value. The...
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UAE: MOU between the UAE’s “Mubadala Petroleum” and the Italian “Eni” for a partnership in reducing emissions
The UAE’s “Mubadala Petroleum” owned by the Abu Dhabi government’s sovereign wealth fund has signed a memorandum of understanding with the Italian energy company Eni, in the...
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Saudi Arabia: Aramco is considering allowing foreign investors to participate in a gas project worth $110 billion
According to sources of which Bloomberg International, Saudi Aramco is considering opening the door to one of the largest unconventional gas fields in the world (the Jafurah field development) for...
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Iraq: Serious directions to expand investment in solar energy projects
In June 2021, the Iraqi Ministry of Oil signed the largest contract for the production of clean energy, with the UAE (Masdar) with the aim of producing 2,000 megawatts of energy, in the center and...
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Italian Exhibition Group – IEG: A Completely Safe Restart
Business and health at the core of Rimini and Vicenza’s total trade show activity restart. Green Pass to enter and a Covid-testing service. Ten shows scheduled in the month of September Rimini...
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Kuwait: The Minister of Oil states that Kuwait’s share of the increase in OPEC production is 27 thousand barrels per day during October 2021
In a statement circulated by the Kuwait News Agency, the Minister of Oil and Minister of Higher Education in the State of Kuwait, Dr. Muhammad Al-Faris, reiterated that the prudent and balanced...
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