25/09/2018 09:58 GMT
Africa’s biggest oil and natural gas producer plans to expand in most areas of the energy industry except for crude, shunning US President Donald Trump’s latest Twitter directive for OPEC members to...
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25/09/2018 05:10 GMT
International investments in Bahrain have reached US$810 million till now this year, a significant increase from US$733 million recorded during the whole of 2017, it has been revealed.
The figures...
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25/09/2018 05:10 GMT
Egypt has seen a 2% drop in its software piracy rate to reach (59%), the U.S.-based Business Software Alliance said in its recent study, released last June.
The study revealed that Egypt has managed...
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25/09/2018 10:33 GMT
The impending re-imposition of US economic sanctions against Tehran will likely block South Korean refiners' access to South Pars condensate going forward, a trade barrier that could lead to higher...
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25/09/2018 08:44 GMT
Comtech Telecommunications Corp. (Nasdaq: CMTL) announced on Monday that during its first quarter of fiscal 2019, its Orlando, Florida-based subsidiary, Comtech Systems, Inc., which is part of...
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25/09/2018 06:53 GMT
Kuwait currently has around 100,000 b/d of spare capacity to produce crude oil, without including the "divided zone," Nizar M. Al-Adsani, CEO of state-owned Kuwait Petroleum Corp. said at the 34th...
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25/09/2018 05:07 GMT
A subsidiary of Libya’s NOC, AGOCO has restored some of its production. According to NOC, the production was added by restoring an old well on the Messla field. NOC said that its subsidiary restored...
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25/09/2018 10:29 GMT
Oman and Iran will drive the majority of the growth in the oil storage industry in the Middle East between 2018 and 2022, contributing more oil storage capacity than any other country in the region,...
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25/09/2018 06:49 GMT
The State of Qatar participated in the celebration held on 24 September 2018 in Algiers on the occasion of the second anniversary of the Algiers Agreement, which paved the way for the historic Vienna...
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25/09/2018 11:10 GMT
Saudi Arabian Oil Co, known internationally as Saudi Aramco, has announced plans to raise Khurais Oil Field production in the coming two months, CEO and president Amin H. Nasser said. Khurais’ output...
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25/09/2018 10:53 GMT
Master developer Nakheel has awarded a contract worth Dh35 million (US$9.5 million) to Dubai-based GBH International Contracting for the construction of a sports, health and leisure hub at the...
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11/09/2018 10:33 GMT
The Governor of the Central Bank of Yemen, Dr. Mohammed Mansour Zammam, said on Monday that a number of steps have been taken to ease pressure on currency markets and provide basic commodities to...
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25/09/2018 10:56 GMT
The oil price shot to its highest in four years on Tuesday, catapulted by upcoming U.S. sanctions on Iranian crude exports and the apparent reluctance of OPEC and Russia to raise output to offset the...
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