Energy
Challenges and opportunities amid geopolitical conflicts, pandemic recovery and climate change
The oil output cut is in addition to the voluntary cut of 144,000 bpd previously announced by the UAE in April 2023
Petrol prices will go up by 15-16 fils starting next month
The agreements are aimed at fostering localization and supply chain development
The company will allocate $250-$300 million annually for CAPEX
Jafurah field's resources reach 229 trillion cubic feet of gas and 75 billion barrels of condensate
Egypt is creating favorable opportunities for companies interested in investing in the country
Strategic agreement signals new era of economic cooperation
BP CEO met Egyptian President on the sidelines of the EGYPES 2024 energy show.
Growth driven by strong demand for transmission and distribution services
OPEC bullish on oil demand in contrast to more bearish IEA forecast
Initiatives to improve strategic decision-making and sustainable development in energy and infrastructure sectors.
The formation of the JV is expected to be complete later this year.
Suggesting potential for even greater growth
Dispensing oil for other energy sources is unrealistic, says OPEC secretary general.
Company outlines ambitious growth plans for 2024 and beyond
Government-owned company expands investments in the oil sector
New refinery boasts a daily refining capacity of 230,000 barrels of crude oil
Developing 550+ barrels of oil in 5 years
Upon receiving a directive from the ministry of energy
Atomic energy breakthrough could revolutionize tech industries
Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd
Red Sea tensions add to shipping costs but energy flows unaffected
