- 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
UAE’s Dana Gas to review Egypt investment
Dana Gas will review its 2017 investment plans for Egypt if the later doesn’t repay the full amount it owes the UAE-based energy firm by the end of 2016, its chief executive “Patrick...
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Oil may rise to $55 if all producers cooperate, says Iran
Oil may rise to $55 if all producers cooperate, says Iran Iranian Oil Minister Bijan Zanganeh expressed optimism about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel if...
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Saudi energy minister urges OPEC to cut output to 32.5 mln bpd
Saudi Energy Minister Khalid al-Falih told Al Arabiya News Channel that OPEC should cut oil output to 32.5 million barrels per day (bpd), the lower end of a previously agreed range, to balance the...
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Russia: “OPEC” can reach a deal by the end of November
Russian energy minister, “Alexander Novak,” said after a meeting with his counterparts in “OPEC” countries, it has increased confidence in the possibility of reaching an...
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Bahrain’s “Bapco” in talks for refinery expansion
Bahrain Petroleum Company (Bapco) is in talks with export credit agencies (ECAs) to finance the expansion of its (Sitra) oil refinery, a project estimated at around $5 billion, according to sources...
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Iraq, oil companies agree to restart investment, boost output
Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production...
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Saudi Minister of Energy: Increasing demand for Saudi oil
Saudi Minister of Energy, Industry and Mineral Resources, Khalid bin Abdulaziz Al-Falih has stressed that the Kingdom of Saudi Arabia’s production of crude oil is witnessing high demand in most...
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Russia energy minister says oil market talks with Saudi developing
The Russian energy minister said his country is consulting with Saudi Arabia and other producers to achieve oil market stability, though he added that a complete return of stability is only likely in...
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Rotterdam: Gate LNG throughput down 24% in H1
LNG throughput volumes at the Dutch Gate terminal dropped 24 percent in the first half of this year as compared to the same period a year before, according to data released by the Port of Rotterdam...
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Saudi Aramco CEO signs off on $13-billion gas project
Saudi Aramco President and CEO Amin H. Nasser presided over a signing ceremony of the Fadhili gas project, marking a new milestone in the company’s drive to expand gas production and supply to meet...
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