Demand for natural gas in Arab countries is growing at 4.8% annually
The demand for natural gas in the wider Arab region is currently...
Category Oil and Gas
Saudi Aramco to supply additional crude oil to north Asian buyers
Aramco will meet full supply volumes for next month...
Saudi Arabia’s Alturki Holdings oil arm acquires drilling firm Newsco
Sawafi will now control 9 patents in directional drilling...
TotalEnergies expect the world to reach peak oil demands by 2030
Oil demand would drop to 40 or 64 mn barrels per day...
GBO
Magazine
Aseer’s growth engine accelerates
Kuwait Oil Company to invest $1.6 bn on oil exploration in the next five years
The company aims to increase production to four mn bpd by 2040...
Oil Giant ADNOC sells a minimum 7.5% stake in Abu Dhabi IPO
This is the second public flotation of the Abu Dhabi owned oil...
UAE to lower diesel and petrol prices from September 1
After six months of increased rates, motorists will pay less for both...
Oil prices to reach $75/barrel by end of 2021
Oil demand rose by 3.8 million barrels per day in June, which...
Iraq mulls increasing oil production to 8 mn bpd by 2027
The same was revealed by Iraqi oil minister Ihsan Abdul Jabbar...
Indonesia’s Pertamina takes over Chevron’s Rokan Block
Pertamina will invest $2 bn over the next four years to reverse...