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...
Read moreQatarEnergy 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...
Read moreThe 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...
Read moreIraq 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...
Read moreThe 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...
Read moreThe 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...
Read moreAn 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...
Read moreThe 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...
Read moreSources 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...
Read moreThe 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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