Gold mines consume around 11 percent of global energy, resulting in annual carbon dioxide emissions of around …
oil production
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FeatureInternational NewsMENA NewsNews
Russian Lukoil to produce 250k barrels/day from Iraq’s Eridu field
by Sama Mousaby Sama MousaLukoil Company, the second largest oil production company in Russia, said on Monday that it will produce …
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Industry & TradeTech/AI
OPEC, OPEC+ agree to historic 10 million barrel/day production cut amid coronavirus impact
OPEC and its allies, known as OPEC+, have agreed on Thursday to historic production cuts that will …
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Iran has had to reduce oil production projects on a lack of funds and a drop in …
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OPEC and Russia are expected to extend their oil production deal at least through midyear. However, if …
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Ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies in …
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forex news
Oil prices climb above $49 a barrel on Saudi-Russian output agreement
by Yomna Yasserby Yomna YasserOil prices climbed on Monday more than 3 percent after Saudi Arabia and Russia agreed to extend …
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Financial Institutions
IMF cuts Saudi Arabia growth forecast on lower oil output
by Yomna Yasserby Yomna YasserThe International Monetary Fund (IMF) has cut on Tuesday its growth outlook for Saudi Arabia on lower …
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forex news
Oil prices climb as OPEC meets to persuade non-members to cut oil production
by Yomna Yasserby Yomna YasserThe Organization of Petroleum Exporting Countries (OPEC) will meet on Saturday non-OPEC nations in Vienna with the …
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International News
BREAKING: OPEC reaches agreement to cut oil production to 32.5 million barrels/day
by Yomna Yasserby Yomna YasserOPEC has reached a deal amongst all 14 member countries to cut oil production to 32.5 million …