The Sultanate of Oman’s oil exports reached 128,070,300 barrels by the end of May 2023, according to …
Oil
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The commodity prices went down on Monday with the oil dropping by -0.80 percent to reach a …
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The commodity prices went up on Saturday with the oil soaring by 2.6 percent to a price …
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Industry & TradeMENA NewsNewsTech/AI
Kuwait starts operation of Al-Zour refinery
by Sama Mousaby Sama MousaKuwait, OPEC member, started full operation of Al-Zour oil refinery by commissioning its third and last distillation …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Chevron to drill 1st exploration well in Egypt’s Red Sea in H1 2024
by Sama Mousaby Sama MousaThe American energy company Chevron is about to drill its first exploration well for oil and natural …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Russia to reduce oil supply in August by 500K barrels per day
by Nada Aliby Nada AliRussia will reduce its oil exports by 500 thousand barrels per day (bpd) in August as a …
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Africa NewsEgypt NewsFeatureNews
Nivine El-Kabbag highlights importance of investments in Africa
by Sama Mousaby Sama MousaNivine El-Kabbag, Egyptian Minister of Social Solidarity, spoke about the importance of investments in Africa during the …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Kyrgyzstan to buy electricity from Russia
by Nada Aliby Nada AliKyrgyzstan government is set to reach an agreement with Russia to import 875 million kilowatt/hours of power …
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FeatureInternational NewsMoneyNews
OPEC: Chinese demand to be 500-600k barrels/day
by Sama Mousaby Sama MousaOPEC Secretary General, Haitham Al-Ghais, said on Tuesday the Chinese demand of oil will increase to 500 …
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FeatureIndustry & TradeInternational NewsMoneyNewsTech/AI
BP posts double profits of $27.7bln in 2022
by Nada Aliby Nada AliBritish energy company BP announced on Tuesday its annual net profits of $27.7 billion for 2022, more …