News
Kuwait Consolidates Its Position in the Global Oil Market

Kuwaiti businessman and writer Ali Abbas Al-Naqi revealed that Kuwait continues to strengthen its pivotal presence in global oil markets through careful production management and full compliance with...

Read more
UAE Signs 15-Year LNG Sale Agreement with India

ADNOC announced the signing of a 15-year agreement with Indian Oil Corporation Limited (IOC), India’s largest integrated and diversified energy company, to supply one million tons per year of...

Read more
Iraq Increases Refining Capacity to 1.3 Million Barrels per Day

According to a statement issued by the Iraqi Prime Minister’s Office, Iraq’s refining capacity has increased to 1.3 million barrels per day, compared to approximately 1.1 million barrels...

Read more
Egypt begins a comprehensive program to drill new natural gas wells in the Delta and the Mediterranean.

The Egyptian Ministry of Petroleum and Mineral Resources recently announced the launch of an integrated program to drill 11 new wells. These wells are expected to add approximately 160 billion cubic...

Read more
Qatar threatens to cut off gas supplies to Europe over human rights and environmental law

Qatar Energy CEO Saad Al-Kaabi issued a stern warning to the European Union. According to a letter addressed to the Belgian government, Qatar is threatening to reduce its liquefied natural gas (LNG)...

Read more
Oman Achieves Positive Indicators in Various Sectors Under the Ministry of Energy and Minerals

According to the annual report of the Ministry of Energy and Minerals, and the data published by the Omani newspapers and Oman Today, the Sultanate of Oman achieved several positive indicators in...

Read more
Iraq Adds New Solar Power Plant Capacity

According to the Iraqi News Agency, the Iraqi Ministry of Electricity announced that 250 megawatts of solar energy projects will soon be added to Iraq’s electricity grid before the end of...

Read more
Kuwaiti Oil Minister Affirms His Country’s Support for Efforts to Stabilize Global Oil Market

Kuwait News Agency (KUNA) quoted Kuwaiti Oil Minister Tareq Al-Roumi as saying he is optimistic about oil market fundamentals, noting that OPEC+ decisions are made based on market data. Al-Roumi...

Read more
Saudi Arabia: Significant Increase in New and Renewable Energy

Saudi Arabia: Significant Increase in New and Renewable Energy Reports from MEES indicate that Saudi Arabia is poised to overtake its neighbor, the United Arab Emirates, as the largest source of...

Read more
President Putin: OPEC+ alliance expects oil demand to rise this summer

A few days ago, Russian President Vladimir Putin stated that the OPEC+ group, which includes major oil producers including Russia, expects global demand to increase in the coming summer months. He...

Read more