Algeria

Algerian Energy Law Due in H1 2019
17/10/2018 10:43 GMT

Abdelmoumen Ould Kaddour, CEO of Algeria’s Sonatrach, revealed that the country wants to have a new energy law ready by H1 2019. Kaddour said that inspiration for the change in legislation may come... More


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Bahrain

Bahraini Minister Inaugurates GCF Meeting
21/10/2018 10:18 GMT

Oil Minister, Shaikh Mohammed bin Khalifa Al Khalifa inaugurated today the 21st meeting of the Green Climate Fund (GCF). The minister congratulated His Majesty King Hamad bin Isa Al Khalifa on the... More


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Egypt

ENI, Egypt Ink Agreement on Pricing for Farameet Gas
21/10/2018 09:41 GMT

ENI signed an agreement with Egypt’s Petroleum Ministry regarding the pricing of the gas produced from the Farameet well, which was recently discovered in the company’s concession area in the Western... More


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Iran

Fuel Card Reactivation System Established: Iran MP
21/10/2018 08:53 GMT

Member of Majlis Energy Commission Jalal Mirzaei said that the smart fuel card reactivation system has been established by the ministry of petroleum, adding the ministry will implement any decision... More


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Iraq

New Iraqi National Oil Co Aims to Produce 7 Million bpd: Oil Minister
21/10/2018 10:22 GMT

Iraq is seeking to produce 7 million barrels of oil per day (bpd) through its newly established National Oil Company and to export 4 million bpd in 2019, Oil Minister Jabar al-Luaibi said on... More


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Kuwait

Zain Kuwait, Microsoft Ink Agreement
21/10/2018 10:22 GMT

Zain Kuwait, the country’s leading digital service provider, yesterday announced that it has signed a partnership agreement with Microsoft to offer various cloud-based services to large enterprises... More


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Libya

Libya's Crude Oil Output Hit by Sharara Security Fears: Sources
10/10/2018 08:31 GMT

Libya's crude oil output has dipped again due to the deteriorating security situation around its largest oil field Sharara , sources said Tuesday. Sources with knowledge of Libya's production said... More


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Oman

Phase 2 of Oman's Khazzan Gas Project 33% Completed
21/10/2018 09:35 GMT

The work at the second phase of the giant Khazzan gas field ( Khazzan & Makarem Gas Fields ) in Onshore Oman Block 61 is progressing well and around 33 % of the second phase, also known as Ghazeer,... More


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Qatar

Woqod Renews Contract with Qatar Petroleum for Next 5 Years
21/10/2018 08:58 GMT

Qatar Fuel (WOQOD), the main distributor of retail petroleum products in Qatar, announced that it has extended the petroleum products sale and purchase agreement with Qatar Petroleum (QP) for a... More


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Saudi Arabia

Saudi Build 2018 to Open Amid Ever-Growing Building Sector
21/10/2018 08:55 GMT

Riyadh Exhibitions Company (REC) announced the completion of preparations ahead of the launch of the 31st edition of Saudi Build, the international trade exhibition for construction materials and... More


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UAE

Abu Dhabi Ports Unit in Major Blockchain Collaboration
21/10/2018 10:28 GMT

Abu Dhabi Ports said one of its subsidiaries Maqta Gateway is set to carry out its first testing of international blockchain solution Silsal with a maritime operator in partnership with MSC... More


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Yemen

Yemen Conflict Could Push Millions More to Brink of Famine: UN
16/10/2018 08:57 GMT

The number of Yemenis on the brink of famine could rise to 12 million - or two in five of the population - from around 8.5 million in coming months due to escalating war and a deepening economic... More


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General News

OPEC, Allies Struggle to Fully Deliver Pledged Oil Output Boost
21/10/2018 08:14 GMT

OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an increase in Saudi Arabia was offset by declines in Iran,... More


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