Minister Highlights Algerian Sonatrach’s 2020 Results
28/02/2021 10:11 GMT

The Minister of Energy and Mines, Mohamed Arkab highlighted on Wednesday in Hassi R’mel (Laghouat) the positive results obtained by the Sonatrach Group for the 2020 financial year, in despite the... More

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Covid-19 Safety Steps Extended in Bahrain
01/03/2021 05:32 GMT

Bahrain's Ministry of Health has announced extension Covid-19 related precautionary measures for an additional three months. The move is in response to the decisions taken by the Government Executive... More

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Minister: Egypt Needs Long-Duration Energy Storage to Incorporate Renewables
01/03/2021 10:15 GMT

Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker has said, in exclusive statements to Daily News Egypt, that the country needs long-duration, low-cost electricity storage systems.... More

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Iranian President Launches Key Petchem Project
01/03/2021 10:37 GMT

Iranian President Hassan Rohani officially launched the construction of a strategic petrochemical project on Monday morning via a videoconference. The CEO of the Parsian Oil and Gas Development... More

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Armenia Opens Consulate General in Erbil
01/03/2021 05:31 GMT

Armenia has opened a Consulate General in Erbil. Arshak Manukyan, the Consul General of Armenia in Erbil, delivered opening remarks at the event, welcoming guests and presenting the goals and... More

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Petrofac Completes Kuwait Oil Company’s Control Center
28/02/2021 08:49 GMT

Petrofac said that its Lower Fars heavy oil development project team has completed the successful integration of Kuwait Oil Company’s (KOC) new Crude Oil Control Centre, where Petrofac’s expertise... More

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Libyan NOC Chief Receives Anti-Corruption Champion Award
25/02/2021 11:38 GMT

Engineer Mustafa Sanallah received the Anti-Corruption Champion Award in Libya, presented by the Biden administration, and dedicated it to workers in the oil and gas sector in Libya. Through a... More

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Geneva Act Protects Omani Products
01/03/2021 10:58 GMT

Oman’s accession to the Geneva Act of the Lisbon Agreement on Appellations of Origin and Geographical Indications, as ratified by Royal Decree 19/2021 on February 15, 2021, provides legal protection... More

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Qatargas Delivers 1st LNG Cargo to Ennore Terminal
01/03/2021 07:17 GMT

Qatargas said Feb. 28 it delivered its first LNG cargo to India's Ennore LNG receiving terminal as the Asian country seeks to increase its use of natural gas. The cargo was delivered via a Q-Flex... More

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Saudi Arabia

Saudi Aramco Eyeing Loan Extension
01/03/2021 09:36 GMT

Saudi Aramco has asked banks to extend by a year a US$10 billion loan it raised last May, two sources familiar with the matter said, suggesting that rebounding crude prices are not pushing the oil... More

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UAE & Ukraine Review New Trade, Investment Partnerships
01/03/2021 10:40 GMT

The UAE-Ukraine Coordination Committee has held its first remote meeting to discuss potential partnerships between the two countries, state news agency WAM has reported. The meeting followed the... More

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UAE Pledges Aid to Yemen
28/02/2021 09:27 GMT

The UAE has committed additional aid of US$230 million to war-torn Yemen, ahead of the United Nations Pledging Conference, the state news agency WAM has reported. The aid will help to fund... More

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General News

IEF Chief: Quick OPEC+ Action Stabilized Markets during Pandemic
01/03/2021 10:42 GMT

Saudi Arabia and Russia have been commended by one of the thought leaders of the global energy industry for playing a “responsible, leadership role” via the OPEC+ alliance in stabilizing oil markets... More

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