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Oil and Renewables

Oil and Renewables latest

Italy and Libya Sign Landmark Agreements to Strengthen Health and Energy Sectors
January 18th, 2026 - 05:09 GMT

Italy and Libya Sign Landmark Agreements to Strengthen Health and Energy Sectors

In a key advancement for Italy-Libya bilateral relations, comprehensive agreements were formally signed today in Benghazi between prominent Italian partners San Donato Group, GKSD, and the Libya Reconstruction and Development Fund. The landmark partnership establishes a robust framework for modernizing Libya's health and energy sectors through the deployment of Italian expertise, ambitious capacity building initiatives, and sustainable cooperation mechanisms designed to create lasting institutional transformation. The high-profile signing ceremony, which took place in Benghazi on Friday, brought together senior officials and business leaders from both nations to witness what many ...
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In a statement Friday from OPEC on the outcome of the meetings in Istanbul, Russian Energy Minister Alexander Novak said support was growing from non-member states. (Shutterstock)
October 16th, 2016 - 04:09 GMT

Crude oil prices dip despite positive OPEC sentiment in Istanbul

Aramco President Amin Al Nasser said that the company would develop new techniques for oil extraction in order to increase Saudi oil reserves to 900 billion barrels. (File photo)
October 13th, 2016 - 10:00 GMT

Saudi Aramco plans $300B in oil investments over next decade

The revised tariffs are seen as a strong incentive to reduce overall consumption. (File photo)
October 13th, 2016 - 09:00 GMT

Power up: Oman to cut energy tariffs for large consumers from 2017

Since last May, Egypt has purchased 400,000 tons of kerosene, 200,000 tons of gasoline and 100,000 tons of diesel from Saudi Aramco. (Shutterstock)
October 13th, 2016 - 06:00 GMT

Confusion continues over Saudi oil shipments to Egypt

HE Saeed Mohammed Al Tayer, Chairman of the Board of Trustees of Suqia
October 13th, 2016 - 05:25 GMT

UAE Water Aid Foundation (Suqia) and Carbon Ambassadors support Nairobi clean drinking water project

Iraqi is already exporting oil at near record levels. (File photo)
October 13th, 2016 - 04:15 GMT

Norway's DNO to boost oil production at Kurdish wells

The target of the Ministry of Petroleum was to reduce its dues to less than $2.5bn by the end of 2015, and to repay its full dues by the end of 2016. (Daily News Egypt)
October 12th, 2016 - 10:00 GMT

Egypt's petroleum ministry debt to foreign companies rises to $3.6B

From the congress
October 12th, 2016 - 04:35 GMT

HE Saeed Mohammed Al Tayer participates in panel discussion during 23rd World Energy Congress in Istanbul

Omanoil - Customer Care Week 2016 Conclusion (2)
October 12th, 2016 - 04:19 GMT

Oman Oil Marketing Company succesfuly concludes ‘Customer Care Week’

The project's coalition includes Kawar energy companies, a subsidiary of Japan's Mitsubishi company and Nebras Power company, a subsidiary of Qatar Electricity and Water Company. (File photo)
October 12th, 2016 - 04:00 GMT

Jordan inaugurates MENA's largest private-sector solar energy project

Last month, Gazprom said construction could start by the end of 2017 if an intergovernmental agreement was signed in October, with the goal of completing the pipeline by 2019. (Gazprom)
October 11th, 2016 - 10:24 GMT

Turkey, Russia natural gas deal back in the pipeline

In April, Saudi Aramco signed a $23B contract with the EGPC to supply Egypt with 700,000 tonnes of oil products monthly over a five-year period. (File photo)
October 11th, 2016 - 07:00 GMT

Saudi Aramco insists halted oil shipments to Egypt are temporary

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