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OPEC expects to increase demand for oil by 6 million barrels per day in the next year 2021

 The Organization of the Petroleum Exporting Countries (OPEC) indicated that global oil demand will recover in 2021 at a slower pace than previously thought, due to the continuing impact of the...

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Egypt : serious steps for the electrical connection with neighboring countries

Egyptian Prime Minister Dr. Mostafa Madbouly affirmed that his country has set a national goal to transform into a central hub for energy trade and circulation, through its national project to...

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Oman to establish “Oman Energy Development Company”, to explore and produce oil and gas and to manage renewable energy projects.

Reuters and Omani media have reported that a new Omani national energy company will have a part of the largest oil area in the country and will have the ability to borrow, in a move that would help...

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OPEC+ to decide increasing oil production by 500 thousand b/d by the beginning of 2021

In the midst of a second wave of the Corona virus, some petroleum circles expected that the (OPEC+) group would extend its cuts to oil production from the countries of the group amounting to 7.7...

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On the path of Saudi Arabia and UAE .. Kuwait stores quantities of its crude oil in Japan

Kuwait News Agency reported that the deputy managing director of international marketing operations in Kuwait Petroleum Corporation, Ghadeer Al-Qadfan, announced the signing of an agreement with the...

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Approval of ADNOC’s plan to increase its capital investment to 448 billion dirhams for the next five years

Emirates News Agency reported that the Supreme Petroleum Council approved ADNOC’s business plan to increase its capital investments to 448 billion dirhams for the next five years, which will...

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OPEC urgently needs to continue working with its non-OPEC allies to overcome the contraction of oil demand

Amid oil price volatility, expanded producers agreements and questions about the long-term outlook for oil, OPEC was celebrating its 60th birthday last month. OPEC’s ability to emerge from adverse...

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Saudi Arabia Aramco operates a uniqe hydrogen fueling vehicle pilot plant in Dhahran

Aramco owns and operates the first hydrogen fueling vehicle station in Dhahran, Saudi Arabia. This experimental station supplies high-purity compressed hydrogen to an initial fleet of Toyota electric...

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Sultanate of Oman: The Ministry of Energy announces the start of the flow of production from sector 61 of the Ghazir gas field

The Ministry of Energy in the Sultanate of Oman announced the start of production from the Gazir Block 61 gas field, just after 33 months of the approval for its development.  His Excellency Dr....

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ECOMONDO AND KEY ENERGY, IEG: THE DIGITAL EDITION CLOSES, THE GREEN COMMUNITY WILL MEET AGAIN AT (ITALY) EXPO CENTRE IN NOVEMBER 2021

Over 5,000 business opportunities generated in the two weeks’ activity on the Italian Exhibition Group’s digital platform. 73,000 views of the profiles of the 400 companies actively using the...

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