- 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
Norway: Prime Minister says her country continues to depend on oil and gas
Despite the heated debate over the future of the fossil fuel industry, Norway’s prime minister Erna Solberg says her country will continue to explore for oil and gas. Erna Solberg, who has been...
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Egypt enters the Guinness Book of Records for the world largest tank for petroleum products
Petrojet, the executive arm of the Egyptian petroleum sector, obtained a certificate from the Guinness Book of World Records for its implementation of a crude oil storage in Ras Badran, as it is the...
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Saudi Arabia: Aramco focuses on reducing carbon emissions from the oil and gas sector
The Acting Senior Vice President of Exploration and Production at Aramco, Engineer Nasser Al-Naimi, stressed the importance of reducing carbon dioxide emissions by oil and gas companies, and that...
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UAE: The continued growth of ADNOC Logistics and Services is a strong supporter of the energy sector
ADNOC Logistics & Services is currently implementing a major expansion program to increase its fleet size, which will support the ADNOC Group’s ability to ship its growing crude oil...
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Russia supports the (OPEC+) decision to increase production in line with the increase in market demand
Russian Deputy Prime Minister Alexander Novak announced that Moscow does not consider the rate of increase in (OPEC +) production by 400,000 barrels per day a negative step for the market, as it is a...
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UTILITALIA AND ECOMONDO, STRATEGIC AGREEMENT UNDER THE BANNER OF ECOLOGICAL TRANSITION
Circular economy, renewable energies, climatic change solutions, smart cities: public utility companies will find international business connections at Ecomondo and Key Energy, Italian Exhibition...
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IEA: 10% increase in global energy investment in 2021 but still far from achieving climate goals
Global energy investment is set to rebound by about 10% in 2021 to $1.9 trillion, reflecting most of the decline in the past year caused by the Covid-19 pandemic. But spending on clean energy...
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A new pipeline to transpor Iranian crude for export from the port of Jask on the Sea of Oman away from the Strait of Hormuz
A few days ago, Iranian President Hassan Rouhani announced the inauguration of a new line to export oil from the port of Jask on the Sea of Oman, with a length of 1,000 kilometers and a cost of $2...
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33 billion dollars for Iraqi crude oil sales by the state company (SOMO) during the first half of 2021
Sales of Iraqi crude oil by the Oil Marketing Company, which represents the federal government, from the southern ports of Basra oil, as well as from the northern port of Kirkuk crude from the...
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Japan plans to double the share of renewable energies in the power grid at the expense of reducing the share of fossil fuels to less than half over the next decade.
Japan is the third largest economy in the world. The Japanese energy goals are made clear in Japan’s draft National Energy Strategy, and they include a huge leap toward carbon reduction. The...
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