- 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
- BP signs deal to drill five gas wells offshore Egypt
- Iraq Discusses Establishing Oil Pipeline from Basra to the Sultanate of Oman
- QatarEnergy Signs Long-Term Helium Supply Agreement with Germany’s Messier
- Kuwait Considers Leasing 13 Pipelines to collect Up to $7 Billion
- Oman: OQ Exploration and Production Looks to Unveil New Projects
Organizations
IEG: ECOMONDO AND KEY ENERGY 2020, PHYSICAL & DIGITAL PARTICIPATION FOR THE GREEN TURNING POINT
Over 80 live talk events on the calendars of Ecomondo and Key Energy, being held from 3rd to 6th November at Rimini expo centre. Italian Exhibition Group increases exploitation of the contents and...
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IMF slashes growth forecasts in the Middle East again amid an ‘unusually high level of uncertainty’
According to its recent regional economic report, the International Monetary Fund has lowered its forecast for growth in the Middle East and North Africa region once again due to the...
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OPEC Reiterates Importance of Attaining Full Conformity for Market Stability
The 21st Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday 19 August 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi...
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Leading Oil and Gas Event in Russia for Professionals Across the World
Despite the difficult situation, industry leaders and experts are even more eager to gather, network, exchange ideas and find answers to their questions. This year, the Society of Petroleum Engineers...
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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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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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