Results for
oil and gas
32 Results-
Lebanon must manage expectations as offshore drilling begins
February 27, 2020, marked the first day for drilling for oil and gas in Lebanon’s offshore block number 4. And all hopes are hanging on the ... Middle East -
Saudi Arabia plans $110 bln investment to develop al-Jafurah gas field
Saudi Arabia said it is ushering in a new era in gas as it announced plans to develop the al-Jafurah field in the eastern region with a $110 ... Energy -
Oil and gas sector outlook remains stable on higher earnings in 2020: Moody’s
The prospects for global integrated oil and gas firms remain stable for the coming 12 to 18 months as production increases and higher refining margins ... Energy -
ADNOC CEO: $11 trln investment needed to meet future global energy demand
The chief executive of the Abu Dhabi National Oil Company (ADNOC) said that the long-term outlook for global energy demand was “robust” ... Energy -
Lebanon’s FM talks Syrian refugees, oil tenders with Russia’s Lavrov
Lebanon sees no reason for Syrian refugees to remain on its territory, Foreign Minister Gebran Bassil said in Moscow on Monday following talks with ... Middle East -
Meet the first Saudi female to receive the Oil and Gas Woman of the Year Award
Saudi oil giant Aramco held its eighth annual award ceremony where the star of the night was Abeer Olayan, a petroleum scientist at the EXPEC Advanced ... Features -
GE reports $1.2 bln loss in first quarter; reaffirms outlook
General Electric reported a $1.2 billion loss in the first quarter on Friday following a large legal charge, but shares surged after operating profits ... Economy -
Key oil and gas sectors deals signed during Saudi Crown Prince US visit
The oil and gas sector has taken a particular significance within the economic agenda of Saudi Arabia’s Crown Prince's tour of the US in recent ... Economy -
Iraq offers nine oil and gas blocks for exploration near Iran, Kuwait borders
Iraq will invite foreign energy firms to bid for the exploration and development of nine new oil and gas blocks bordering Iran and Kuwait, the oil ... Energy -
Saudi Arabia lowers tax on Aramco from 85% to 50%
The Saudi Press Agency said the royal order to impose income tax on producers of oil and hydrocarbons (oil and gas) in the Saudi kingdom has been ... Energy -
Lebanon okays oil decrees to start stalled tender process
‘The two oil decrees have been decided in the first achievement for the government,’ Foreign minister Gibran Bassil tweeted Energy -
Which is the most appealing organization for Saudi’s youth?
Over half the survey respondents believe the ideal career for them lies in the Oil & Gas sector Economy -
Iraq’s oil minister wants country to increase output in 2017
OPEC nations are trying to implement an agreement to curb oil output for the first time since the 2008 financial crisis Energy -
Russia considers LNG supplies to Bahrain
Rosgeologiya and Noga have also signed a memorandum to strengthen their partnership in oil and gas exploration Energy -
Iraq asks foreign oil companies to increase crude production, exports
New oil minister held a meeting in Baghdad with oil companies operating in the country Energy -
Egypt government approves five oil and gas exploration deals
Offshore gas exploration and drilling pacts between state gas board EGAS and foreign companies Energy -
Lebanon’s politicians set aside differences on oil and gas policy
Berri -Basil understanding sets stage for inviting offers on all 10 blocks to interested companies Energy -
Turkey targets Iraqi oil flows rise to over 1 mln bpd
Loading data showed flows through the pipeline were running at around 450,000 bpd earlier this year but have risen sharply in recent weeks Energy -
Saudi King Salman unveils policy agenda
The king pledges to strengthen economic growth, social justice and help resolve regional and global problems Middle East -
Houthis given 24 hours to free Yemen official
Leaders from southern Yemini provinces gave Houthis a 24-hour ultimatum to release the president’s chief of staff, Ahmed bin Mubarak Middle East -
Saudi business optimism after strong GDP results
Saudi business optimism in both the hydrocarbon and non-hydrocarbon sectors brightened up in the fourth quarter of 2014 Economy -
China, Russia sign accord on second gas route
The cooperation with China gives Russia a boost at a time when Washington and the European Union have imposed sanctions against Moscow Energy -
Iran aims for tempting new oil contracts soon
Iran wants Western oil companies to revive its giant, ageing oilfields and develop new oil and gas projects Energy -
Oil prices rise on geopolitical concerns
The sweeping ISIS offensive prevented Baghdad from exporting oil via a pipeline to Turkey and by road to Jordan Energy -
Egypt awards oil and gas exploration blocks
Egypt’s General Petroleum Corporation and Natural Gas Holding Company announced an international oil and gas exploration auction last December Energy -
Morocco wind farm, Africa’s biggest, starts generating power
Tarfaya wind farm will be capable of meeting the electricity needs of several hundred thousand people in Morocco Business -
Mexico may seek Aramco expertise in oil development
Mexico, the world’s tenth largest crude producer, is a significant player in the global energy map and the true potential is still to be tapped Energy -
Iran says it will unveil revised oil and gas contract model
The government will soon complete reviewing its new contracts which will be offered to foreign oil and natural gas companies Energy -
Egypt announces auction for 22 oil, gas exploration concessions
The concessions are for areas in the Suez Canal, the western desert, the Mediterranean sea and the Nile Delta Energy -
IMF: Arab oil exporters may see budget gap in 2016, need faster cuts
The Arab world’s energy exporting states are not saving enough of their oil windfall and as a group may start running a fiscal deficit in 2016 ... Business