- Saudi Energy Minister Says OPEC+ Meeting’s Outcome a ‘Turning Point’
- Libya nears final stage of oil exploration bid round, NOC says
- UAE President Chairs ADNOC Board of Directors Meeting at Habshan Complex
- Trump sees $270 billion in agreements at U.S.-Saudi investment conference
- Eni plans $8 billion in new investments in Egypt over five years, CEO tells El-Sisi
- Al-Ghais: Oil Will Maintain 30% Share of Global Energy Mix Until 2050
- Kuwait Announces Discovery of New Offshore Natural Gas Field
- Algeria Appoints New Head of Sonatrach to Keep Pace with Energy Transformations
- The UAE Launches World’s Largest Combined Solar and Battery Storage Project
- QatarEnergy acquires new exploration interest offshore Egypt
News
large-scale Iranian military maneuvers in the Strait of Hormuz, in a clear warning sign to those threatening its control over the strait
A few days ago, the Iranian Revolutionary Guard Corps carried out “large-scale” military maneuvers and exercises off the Strait of Hormuz, in which the naval and air forces participated....
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Aramco is reorganizing its downstream operations to become the most important integrated energy and chemicals company in the world.
The Saudi Arabian Oil Company announced the reorganization of its Downstream business to support and enhance integration across the hydrocarbon value chain and better position the Company to drive...
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UAE – Mohamed Alabbar removes all job titles from Emaar Group staff
Mohamed Alabbar removes all job titles from employees of Emaar Group for Development, Administrative and Real Estate Services. The company based in Dubai with 60 subsidiaries and wide operations in...
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OPEC+ Group is preparing to pump more oil in short term
When global demand for oil decreased last spring, the OPEC + coalition which includes 23 countries led by Saudi Arabia and Russia, managed to control the market and prevent prices from continuing to...
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Libya NOC Calls for Demilitarization of Oil Installations
The “National Oil Corporation” in Libya appealed to all the conflicting parties calling on them to “demilitarize the oil facilities” so that their workers can carry out their...
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Emirati Dana Gas Seeks to Sell Its Assets in Egypt to Pay off the Sukuk
The UAE Company, Dana Gas, plans to use the revenues from its assets in Egypt that it is trying to sell to pay its Sukuk. These are the assets that are located on the shore in the Nile Delta without...
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The International Energy Agency: Clean Energy is more elastic in facing Covid-19 virus compared to fossil fuels
The International Energy Agency believes that renewable energy will be the single most elastic source in the face of the biggest shock to the global energy sector in 70 years due to the Covid-19,...
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Oman towards reducing its oil production to comply with OPEC+ agreement
Oman is heading to reduce oil production from its six largest blocks of production by 23% from the levels of the basic production line, as it produced 883,000 barrels per day in October 2018, to...
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G20 leaders pledge to support developing countries against the Corona pandemic
At the end of an emergency summit held via video, G20 leaders pledged to pump 5 trillion dollars into the global economy, to face the effects of the Corona “Covid-19” pandemic, and to...
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The historic agreement of (OPEC+) .. will it save the markets from the collapse of oil prices?
The OPEC Plus group succeeded in reaching a historic agreement to rebalance the oil markets and stop the collapse in oil prices. The group had reached the agreement a few days ago in a...
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