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...
Read morePrior 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...
Read moreLibya 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...
Read moreCrude 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,...
Read moreFor 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...
Read moreSaudi 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...
Read moreRed 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...
Read moreQatarEnergy 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...
Read moreThe 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...
Read moreThe 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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