- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
- Libya to target producing 1.4 million b/d by end 2024
- TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
- H.E. Minister Al-Kaabi: Demand for oil and gas will continue for long; we have to be responsible, and Qatar is doing its part
- Egypt to stop exporting LNG starting from the beginning of May 2024
- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
top news
Qatar to supply Bangladesh with liquefied natural gas on a long-term contract
QatarEnergy and Excelerate Energy (Excelerate) signed a long-term LNG sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh. Pursuant to the agreement, Excelerate will...
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Qatar Energy is committed to LNG supplies despite the turmoil in the Red Sea
QatarEnergy confirms that Qatar’s LNG production continues uninterrupted, and its commitment to ensuring the reliable supply of LNG to its customers remains unwavering. While the ongoing...
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Kuwait intends to increase its oil production to 3 million B/D in 2025
The CEO of Kuwait Oil Company, Ahmed Jaber Al-Eidan, stated that Kuwait currently has oil production capacities exceeding 2.8 million barrels per day, and it is targeted to increase this to reach...
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Iraq is drilling new oil wells to expand crude oil production capabilities
Iraq is proceeding with ambitious plans to drill many new oil wells with the aim of increasing crude oil production capacities and securing Iraq’s position in the global oil market. Iraq is...
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Bahrain to build a huge solar energy project with a capacity of 72 megawatts
The Kingdom of Bahrain announced the signing of agreements for a new solar energy project aiming to generate 72 megawatts. The project will contribute 28% of the total renewable energy that...
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UAE is intensifying efforts to organize the global environmental conference COP28 (November 30 - December 12, 2023)
The world is awaiting the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), which will be held from November 30 to December 12 of this year in Expo City...
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Convergence of views between Saudi Arabia and Russia regarding OPEC Plus production rates
An official source at the Ministry of Energy announced that the Kingdom will extend the voluntary reduction of one million barrels per day, which began in July 2023 and was extended to include the...
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The World Bank expects the growth of GCC economies to slow to 2.5 percent in 2023
The World Bank lowered its forecast for the growth of the economies of the Gulf Cooperation Council to about 2.5 percent in 2023, down from 3.2 percent of its last forecast last April, but overall it...
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IEA expects demand to exceed supply by 2 million b/d in the second half of 2023
Sources from the International Energy Agency expected global oil demand to grow by 2.2 million barrels per day in 2023, to reach 102 million barrels per day, which is considered a record level and...
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Oil producers in the (OPEC +) group to reduce significantly oil production for May 2023
The Kingdom of Saudi Arabia and other countries within the OPEC Plus group announced further cuts in their oil production until the end of 2023, with the aim of supporting the stability of oil...
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