Saudi Energy Minister Prince Abdulaziz bin Salman said the agreement reached during Sunday’s OPEC+ meetings marks “a turning point and one of the most successful days of my career,” following...
Read moreLibya’s National Oil Corporation said it is approaching the final stage of a public exploration bid round, with companies expected to submit offers and open bids in February 2026, according to a...
Read morePresident His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors at the Habshan complex in Abu Dhabi, a strategic hub for the company’s...
Read moreU.S. PRESIDENT, DONALD TRUMP, SHAKING HANDS WITH SAUDI CROWN PRINCE MOHAMMED BIN SALMAN AND WALKING TO LECTERN (SOUNDBITE) (English) U.S. PRESIDENT, DONALD TRUMP, SAYING: “I want to thank my...
Read moreThe Italian energy group Eni plans to inject an additional $8 billion in investment into the Egyptian market over the next five years, the company’s CEO Claudio Descalzi told President Abdel Fattah...
Read moreHaitham Al-Ghais, Secretary General of OPEC, stated that oil will continue to play a pivotal role in the global energy mix, accounting for 30% of the energy mix until 2050, despite the significant...
Read moreKuwait Oil Company (KOC) announced the discovery of a new offshore natural gas field called “Jazza,” containing one trillion cubic feet of natural gas and 350 million barrels of oil...
Read moreBy presidential decree, Algeria appointed Noureddine Daoudi as CEO of the state-owned energy company Sonatrach, succeeding Rachid Hachichi. This move comes amid the country’s efforts to...
Read moreTo meet the growing demand for clean, reliable, and 24/7 energy sources, and with investments exceeding AED 22 billion (US$5.99 billion), Masdar and the Emirates Water and Electricity Company (EWEC)...
Read moreQatarEnergy acquires new exploration interest offshore Egyp QatarEnergy has completed a farm-in transaction with Eni, acquiring a 40% participating interest in the North Rafah exploration...
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