Putin says plans to visit China next month: Report Russian Prime Minister Vladimir Putin attends a meeting in the city of Veliky Novgorod, about 500 kilometers (300 miles) north of Moscow, on Monday, Jan. 26, 2...
United Nations Climate Summit Host Azerbaijan: Oil and Gas a 'Gift of the Gods' Ilham Aliyev, the strongman president of Azerbaijan, used his platform at the Petersberg Climate Dialogue in Germany on Friday to declare the presence of fossil fuels in his country a "gift of the gods" and declare his intention to expand Baku's exports to Europe. | The...
OPEC's Next Production Decision Could Be Decided in the UAE As the global oil market eagerly anticipates the upcoming OPEC(+) production decision—a potential shift in the current production cut strategy—most eyes are on Saudi Arabia or Aramco leaders. However, there's a new player in town, already hinting at a dramatic strat...
OPEC Chief: Growing Energy Demand Requires Reducing Carbon Emissions (MENAFN - Kuwait News Agency (KUNA)) VIENNA, April 26 (KUNA) -- The pace at which global energy demand is growing means that alternatives cannot replace oil at the necessary scale, OPEC Secretary ... ... ...
Saudi oil giant Aramco agrees major FIFA sponsorship deal Saudi Arabia's state oil giant Aramco and world football governing body FIFA on Thursday announced a major sponsorship agreement until the end of 2027. | The deal is the latest high-profile investment in global sports for Saudi Arabia who have already been confirmed as ...
OPEC chief: Growing energy demand requires reducing carbon emissions VIENNA, April 26 (KUNA) -- The pace at which global energy demand is growing means that alternatives cannot replace oil at the necessary scale, OPEC Secretary General Haitham Al Ghais said, adding that rather than calling for an end to oil, the focus should be on reduci...
UAE planning second nuclear power plant The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the number of the small Gulf state's nuclear reactors, three sources familiar with the matter said. ...
EWEC awards contracts to develop Ajban Solar PV Project Emirates Water and Electricity Company (EWEC), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, has awarded contracts for its 1.5 gigawatt (AC) Al Ajban Solar PV Independent Power Project. | The...
Kuwait Oil Price Slightly Down Trading At USD 89.36 Pb MENA FN(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, April 26 (KUNA) -- Kuwait oil price moved slightly down losing ten cents and trading at USD 89.36 per barrel on Thursday vis a vis USD 89.46 pb on ... ... ...
Cum va fi lovit programul nuclear din Iran Evenimentul ZileiCum vor lovi Israel și SUA programul nuclear din Iran | Nizar Farsakh , expert în Orientul Mijlociu la Elliott School of International Affairs de la Universitatea George Washington, analizează posibile noi scenarii în conflictul dintre Iran și I...
The nuclear threats that loom over Iran and Israel Virtual JerusalemThe world watched two powers — one with not-so-secret weapons, the other with ambiguous arms ambitions — as they threatened each others’ nuclear sites.| Read More Washington Post ......
UK-Morocco grid connection adds fresh AFC investment Energy VoiceXlinks First has announced a $14.1 million investment from Africa Finance Corporation (AFC) to further the development of Xlinks’ UK-Morocco Power Project. ......
Lunate acquires 40% stake in Adnoc Oil Pipelines MEEDUS asset management majors BlackRock and KKR, who collectively invested $4bn in the crude pipeline network in 2019, have divested their stake to the Abu Dhabi firm ... ...
Thu 25 Apr 2024
Egypt seeks to scale up crude oil production by 9% in FY2024/25 Hellenic Shipping News WorldwideEgypt is targeting scaling up its daily crude oil production by 9% in fiscal year (FY) 2024/2025 to 637,000 barrels from the current daily production of 580,000 barrels, a government official told Asharq Business. Some foreign firms will invest aroun...
Iraq signs deal with Ukraine’s Ukrzemresurs to develop gas field Hellenic Shipping News WorldwideIraq signed a deal with Ukrainian oil and gas exploration companyUkrzemresurs to develop Akkas gas field in the Western province of Anbar, the oil ministry said in a statement on Wednesday. The deal aims to produce 100 million standard cubic feet (ms...
Newly passed US law on Iran sanctions may have limited impact in near term: experts Hellenic Shipping News WorldwideThe Biden administration may leverage new Iran sanctions measures included in the recently passed US security package to pressure Chinese buyers to reduce exposure to Iranian oil, but the legislation is unlikely to have a big impact on oil trade in t...