- 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
Technologies
HE Minister Saad bin Sherida Al Kaabi meets with heads of the energy sector in China.
His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, met in Beijing in Beijing on May 21, 2025 with His Excellency Mr. Wang Hongzhi, the Administrator of the National...
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OPEC Maintains Global Oil Demand Growth Forecast at 1.3 Million Barrels Per Day in 2025
The Organization of the Petroleum Exporting Countries (OPEC) maintained its forecast for global oil demand growth at 1.3 million barrels per day in 2025, consistent with previous assessments. In its...
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Al Mazrouei: The UAE has become a global model for energy efficiency
Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure, emphasized that the vision of the wise leadership has been the cornerstone for achieving a qualitative transformation in...
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QatarEnergy enters 25-year condensate supply greement with Shell
DOHA, Qatar • 30 April 2025 – QatarEnergy entered into a long-term condensate supply agreement with the Singapore-based Shell International Eastern Trading Company (SIETCO), a wholly-owned...
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Iraq plans to reduce its oil exports to comply with production cuts required by OPEC+
Estimates indicate that Iraq’s production last month exceeded the permissible limit by a range of 90,000 barrels per day (bpd) according to OPEC+ estimates, and 300,000 bpd according to the...
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Libya: Oil Production to Exceed 1.38 Million Barrels Per Day in April 2025
In April 2025, the National Oil Corporation (NOC) announced the launch of 22 investment blocks in a new bidding round, including 11 onshore and 11 offshore blocks. According to the corporation, the...
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Kuwait: Oil revenues to decline despite increased exports of high-value derivatives.
Kuwait Petroleum Corporation (KPC) has achieved remarkable success in significantly diversifying its oil export mix by shifting from a primary reliance on crude oil exports to a 50/50 blend of crude...
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Egypt: $7 billion petrochemical complex in New Alamein
Egypt: $7 billion petrochemical complex in New Alamein The activities of the Egypt International Energy Conference and Exhibition “EGYPS 2025” witnessed the signing of the...
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Libya: Oil and Gas Sector to Suffer Instability, Hindering Plans to Raise Production
Libya: Oil and Gas Sector to Suffer Instability, Hindering Plans to Raise Production The oil and gas sector in Libya faces some difficulties and obstacles, particularly financial...
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Kuwait stops hiring non-Kuwaitis in the oil sector during 2020 and 2021
The oil sector is following the government’s footsteps in addressing the current economic crisis and the problem of increasing the number of expatriates in Kuwait. The Kuwaiti Prime Minister...
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