Algeria

Algeria Should Brace for End of Oil
12/09/2019 04:13 GMT

As pro-democracy protests continue to rattle the Algerian regime, Algeria marches ahead to an economic disaster as domestic energy consumptions nears levels of gas and oil production. Since 2007,... More


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Bahrain

Bahraini Crown Prince to Meet US President
15/09/2019 06:38 GMT

Bahrain’s Crown Prince Salman bin Hamad al-Khalifa will make an official visit to the United States on Monday to meet with President Donald Trump, a White House statement said on Thursday. Bahrain’s... More


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Egypt

Land Allocated in North Sinai for Desalination Plant
15/09/2019 04:05 GMT

Egypt’s cabinet approved a proposed presidential decree to reallocate a land plot in North Sinai to set up a seawater desalination plant. Located in Arish city, such land stretches over an area of... More


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Iran

Iran Dismisses as 'Pointless' US Claims about Aramco Attacks
15/09/2019 09:22 GMT

Iran dismissed as “pointless” US claims that Tehran was behind drone attacks which hit two of Saudi Arabia’s Aramco oil installations on Saturday, Iranian foreign ministry spokesman said on Sunday.... More


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Iraq

Iraq Says to Fully Comply with Oil Output Cuts by October
15/09/2019 09:36 GMT

Iraq will be fully compliant by October with agreed oil output cuts under an OPEC-led supply deal and Baghdad’s reduction will amount to 175,000 barrels per day (bpd), Oil Minister Thamer Ghadhban... More


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Kuwait

Qatari Bank in Partnership with Kuwaiti-US JV
11/09/2019 08:20 GMT

Commercial Bank, Qatar’s first private bank, entered into a partnership agreement with WCP Investments (WCPI), a joint venture between NBK Capital (NBKC), the investment arm of National Bank of... More


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Libya

Libya's Sanalla Meets Zallaf, DeGolyer & MacNaughton Deads
15/09/2019 09:55 GMT

National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla, met with Mr John W. Wallace, chairman and CEO of DeGolyer and MacNaughton, in Tunis. Also present were NOC board member for Exploration... More


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Oman

Oman to Host OEC 2019
15/09/2019 04:12 GMT

Oman’s ambitions to build a thriving eCommerce industry will get a further boost later this year when it hosts a major regional forum showcasing economic opportunities associated with this hugely... More


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Qatar

Qatar Petroleum Issues North Field Tender
15/09/2019 07:52 GMT

Qatar Petroleum said on Saturday it had invited bids for engineering, procurement and construction (EPC) of additional liquid products storage and loading facilities and Mono-Ethylene Glycol (MEG)... More


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Saudi Arabia

Saudi Arabia Says It Will Keep Overcomplying with OPEC+ Oil Cuts
15/09/2019 09:40 GMT

Saudi Arabia’s new energy minister said on Thursday that the kingdom would continue to overcomply voluntarily with oil output cuts agreed by the OPEC+ producer alliance. Saudi Arabia’s October... More


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UAE

UAE's Ruwais Upgrade May Boost Naphtha, Mid-Distillates Output
15/09/2019 09:01 GMT

An upgrade of the Ruwais Refinery, Abu Dhabi National Oil Co.'s biggest processing facility, may help boost naphtha and middle distillates output thanks to the introduction of new crudes other than... More


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Yemen

UK, US Condemn Yemeni Houthi Attack on Saudi Oil Facilities
15/09/2019 06:40 GMT

Britain condemned a drone attack on Saudi Arabian oil facilities on Saturday, and said that Yemen’s Houthi rebel group should stop targeting Saudi civilian and commercial infrastructure. Yemen’s... More


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General News

Saudi Arabia Says It Will Keep Overcomplying with OPEC+ Oil Cuts
15/09/2019 09:40 GMT

Saudi Arabia’s new energy minister said on Thursday that the kingdom would continue to overcomply voluntarily with oil output cuts agreed by the OPEC+ producer alliance. Saudi Arabia’s October... More


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