ENERGY
Energy

Libya’s National Oil Company warn of deepening power cuts in country’s east

Thursday, 13 August 2020

Libya’s National Oil Corporation (NOC) has warned of worsening blackouts in eastern Libya due to a ......

Coronavirus: OPEC trims 2020 oil demand by 9 mbpd, sees doubts about 2021

Wednesday, 12 August 2020

World oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and ......

Turkish ship begins survey work in Mediterranean amid Greece tensions: Report

Wednesday, 12 August 2020

A Turkish ship has begun carrying out a seismic survey in the eastern Mediterranean, said Turkey’s ......

Turkey to issue Mediterranean exploration licenses, escalating tensions with Greece

Tuesday, 11 August 2020

Turkey will issue gas exploration and drilling licenses in the eastern Mediterranean, its foreign ......

Oman’s largest solar plant to start producing power next year: Reports

Tuesday, 11 August 2020

Oman’s largest solar plant is likely to begin operation by the middle of 2021, the Oman-based ......

Saudi Arabia’s oil giant Aramco announces increased fuel prices at the petrol pumps

Tuesday, 11 August 2020

Saudi Aramco, the Kingdom’s energy giant, announced it would raise its domestic gasoline prices for ......

Germany bristles at US sanctions threat over Russia gas pipeline

Monday, 10 August 2020

German Foreign Minister Heiko Maas said Monday he had expressed “displeasure” to his US counterpart ......

Saudi Arabia’s oil giant Aramco will continue plans to boost output capacity: CEO

Monday, 10 August 2020

Saudi Aramco is moving ahead with plans to boost crude output capacity by 1 million barrels per day ......

Saudi Aramco still working on $15 billion oil refining deal with India’s Reliance

Monday, 10 August 2020

Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd ......

Mauritius ship operator apologizes for major oil spill creating ecological disaster

Monday, 10 August 2020

The operator of a Japanese bulk carrier which ran aground off Mauritius in the Indian Ocean ......

Turkey navy operations in eastern Mediterranean ‘extremely worrying’: EU

Sunday, 09 August 2020

Turkey’s resumed search for oil and gas in the eastern Mediterranean is “extremely worrying,” the EU ......

Saudi Aramco’s profit plunges 73 pct due to coronavirus, sees signs of recovery

Sunday, 09 August 2020

State oil giant Saudi Aramco’s profit plunged 73 percent in the second quarter of the year, as a ......

Electricity consumption per person in Saudi Arabia drops 20 pct, lowest since 1993

Sunday, 09 August 2020

The consumption of electricity per person in Saudi Arabia dropped to its lowest level since 1993 ......

Kuwait’s KIPIC says two workers die in accident at LNG site in Al-Zour area

Saturday, 08 August 2020

Kuwait Integrated Petroleum Industries Company (KIPIC) said two sub-contractors died in an accident ......

Amid coronavirus pandemic, Gulf energy ministers, Iraq see improving global economy

Saturday, 08 August 2020

Energy ministers from Gulf oil producing countries including Saudi Arabia and Iraq held a call on ......

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