News
International Energy Agency: America’s largest exporter and China’s largest liquefied natural gas importer in 2024

The International Energy Agency (IEA) has predicted that the United States will become the world’s largest exporter of liquefied natural gas (LNG), while China will become its biggest importer...

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OPEC and its allies sign the permanent “Charter”

A few days ago, representatives of OPEC countries signed a new cooperation charter with other major producers, including Russia, which aims to establish a “permanent cooperation” that is...

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Iran’s oil exports are falling to a record level .. And Tehran follows the program “oil for food.”

Kayhan London newspaper revealed., “The proportion of oil exports to Iran reached almost 200 thousand barrels per day as a result of international sanctions imposed on the Iranian oil...

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Greece finds a huge gas field off the coast of Israel

 Greek energy company Energien said it has made a huge discovery of between 28 and 42 billion cubic meters of natural gas in the North Carish field off the northwestern coast of Israel.  The...

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Egypt to host second meeting on oil and gas exploration in Mediterranean waters

President Abdel Fattah Al Sisi met at Al Montazah Palace in Alexandria on Thursday, 25/7/2019, the heads of delegations participating in the second ministerial meeting of the Middle East Gas...

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Saudi Aramco signs contracts worth $ 18 billion to boost the production of Morgan and Barri fields

Saudi Aramco has signed 34 contracts with Saudi and international companies for the implementation of projects for design, supply and construction, with the aim of raising the production of crude oil...

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OPEC expects global oil demand to rise by 2020

  The Organization of Petroleum Exporting Countries (OPEC) has forecast that global demand for oil will increase by about 1.14 million barrels per day in 2020. “The factors that could...

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Saudi Aramco Launch First Hydrogen Fuel Station in Saudi Arabia

Saudi Aramco and Air Products launched the first hydrogen fuel station in the Kingdom at the new technology center of Air Products in Dhahran Technology Park. The experimental plant will provide...

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Iraqi oil minister: OPEC agreement + will be reduced The stock achieves price stability

Iraq’s Oil Minister Thamir al-Ghadhban said on Wednesday that OPEC and its allies’ agreement to extend oil production cuts by the end of March 2020 would reduce stocks, help stabilize the...

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Egyptian oil companies won new contracts outside Egypt

  Minister of Petroleum and Mineral Resources Tariq al-Mulla confirmed that Egyptian oil companies won new contracts outside Egypt. He added that investments from the Egyptian companies in foreign...

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