- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
- Libya to target producing 1.4 million b/d by end 2024
- TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
- 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
- Egypt to stop exporting LNG starting from the beginning of May 2024
- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
News
UAE: Numerous projects and strategic goals in the field of solar energy
As part of its strategic plans to achieve sustainable development and preserve the environment, the UAE has been active in establishing huge clean and renewable energy projects, especially solar...
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Kuwait: The Chairman of KOC makes important remarks about the Kuwaiti oil sector
Prior to assuming the presidency of the Kuwait Oil Company, Ahmad Al-Aidan was responsible for achieving oil and gas discoveries in Kuwait as he processes long experience in reservoirs and their...
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Libya – to increase oil production to 2 million barrels per day by the end of 2025
Libya seeks to increase its crude oil production to 2 million barrels per day within 3 years. Libyan Oil Minister Mohamed Aoun is looking forward to achieving more oil and gas discoveries in the...
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Sultanate of Oman: 2.6% increase in crude oil and condensate production
Crude oil and condensate production in Oman increased by 2.6 percent until the end of March 2023, to reach 95.7 million barrels, compared to 93.3 million barrels until the end of March 2022,...
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New hydrocarbon deposits discovered in Chechnya, 1st time in 30 years
For the first time in 30 years, new hydrocarbon deposits have been discovered in Chechnya, Rosneft said, Report informs via Russian media. “Geologists from the Rosneft Science and Technology...
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Saudi Arabia, UAE, other OPEC+ oil producers announce voluntary output cuts
Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production, with Riyadh saying it would cut output by 500,000 barrels per day (bpd) from May until the end of...
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Red Sea Wind Energy signs $680 mln Egypt wind farm deal -cabinet statement
Red Sea Wind Energy has signed a $680 million agreement with banks and international financing organisations for establishing a wind farm in Egypt’s Gulf of Suez, the Egyptian cabinet said in a...
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QATARENERGY to participate in IRAQ’S gas growth integrated project (GGIP)
QatarEnergy has agreed to hold a 25% share in the Gas Growth Integrated Project (GGIP) – a multi-billion-dollar project aimed at monetizing and developing the natural gas resources of the...
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Iraq to take 30% stake in $27 billion TotalEnergies project
The Iraqi government has finally reached an agreement to take a 30% stake in TotalEnergies’ long-delayed $27 billion Iraq project, Reuters reported Tuesday, citing three sources familiar with...
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EU strikes deal to curb energy use by 2030
The European Union struck a deal to cut final energy consumption across the bloc by 11.7% by 2030, a goal lawmakers said would help fight climate change and curb Europe’s use of Russian fossil...
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