Friday 04 Apr

gas

Saudi Arabia to boost oil production by 1 million bpd by 2026, says Bloomberg
2024/12/10

Saudi Arabia to boost oil production by 1 million bpd by 2026, says Bloomberg

Saudi Arabia plans to add 1 million barrels per day to its oil production by September 2026, according to a statement from the eight countries...

Saudi Arabia deepens oil price cuts for Asian buyers
2024/12/09

Saudi Arabia deepens oil price cuts for Asian buyers

Saudi Arabia has significantly reduced its oil prices for Asian customers, exceeding market expectations. This move follows the OPEC+ decision to further delay planned production...

EGAS, New Fortress Energy sign agreement for FSRU lease
2024/12/08

EGAS, New Fortress Energy sign agreement for FSRU lease

The Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with New Fortress Energy to lease a Floating Storage and Regasification Unit (FSRU). This...

ADNOC Gas aims to boost processing capacity
2024/12/04

ADNOC Gas aims to boost processing capacity

ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, has announced plans to significantly enhance its gas processing capabilities. The company aims to...

Egypt, Jordan partner to secure natural gas supplies
2024/12/03

Egypt, Jordan partner to secure natural gas supplies

Egypt and Jordan have signed an agreement to utilize Egypt's existing floating storage and regasification units (FSRUs) to import liquefied natural gas (LNG) and supply...

BP commits to boosting Egypt energy investments
2024/12/02

BP commits to boosting Egypt energy investments

President Abdel Fattah El- Sisi received today Monday the CEO of British Petroleum, Moray Ouchinchlos, in the presence of Engineer Karim Badawy, Minister of Petroleum...

UAE reduces fuel prices for December 2024
2024/12/01

UAE reduces fuel prices for December 2024

The committee overseeing gasoline and diesel prices in the United Arab Emirates has approved a reduction in fuel prices for the month of December 2024....

KSA, Russia, Iraq emphasize need for stable oil markets
2024/11/27

KSA, Russia, Iraq emphasize need for stable oil markets

Saudi Arabia, Russia, and Iraq, three key OPEC+ nations, convened in Baghdad to discuss energy markets ahead of the alliance's crucial end-of-year meeting.