The Ministry of Petroleum and Mineral Resources(MoPMR) has revealed a number of initiatives to support the family of Khaled Shawki, the oil truck driver who lost his life last week. Shawki opted to drive his burning tr...
Global oil demand will continue rising in the next 25 years to reach 120 million barrels per day, which is 24 per cent higher than its current level, according to Haitham El-Ghais, the secretary-general of the Organizati...
The Port of Hamriyah in the UAE, an important distillate storage hub, suffered devastating fires on 31 May which caused significant damage to at least three of the port’s main terminals. The fire broke out early Saturd...
Nigeria and Saudi Arabia’s state oil giant, Aramco, are facing challenges in finalising a landmark $5 billion oil-backed loan, according to Reuters. The falling crude prices have raised concerns among banks expected to...
Iraq is optimistic that last week’s decision by Opec+ to re-launch a postponed capacity assessment process later this year will enable it to secure a higher quota in 2027. Speaking to MEES this week, oil minister Hayan...
Modern Gas, an Egyptian joint stock company with operations in both Saudi Arabia and the United Arab Emirates (UAE), and the Alexandria Petroleum Maintenance Company (Petromaint), a leading oil and gas service provider i...
Qatar’s UCC Holding and Syria’s new government signed a $7bn electricity investment deal last week, signaling the international community’s latest attempt to help Syria rebuild after 14 years of civil war. “This ...
The Petroleum Projects and Technical Consultations Company (PETROJET) has completed the manufacturing of high-quality subsea systems that will be exported to Angola as part of a development project in the African country...
North American E&P operators spend less in Q1 2025 Source link
The Italian energy giant Eni and Argentina’s leading energy company YPF have signed a key agreement to advance the Argentina LNG (ARGLNG) project. The agreement was signed during a meeting between Argentine President J...
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