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MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years
December 19th, 2019 - 08:00 GMT

MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years

Total committed and planned investments in the Mena region’s gas sector is expected to decline by $70 billion year-on-year (y-o-y) over the next five years, said the Arab Petroleum Investments Corporation (Apicorp) in a new report. Apicorp’s research titled “Gas Investments Outlook 2019-2023” indicates that the total committed and planned investments fell largely due to Saudi Arabia successfully commissioning major projects and lower prospects for Iran’s gas sector. Out of ...
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Equipment For Offshore Oil and Gas Exploration Arrives in Beirut
November 10th, 2019 - 01:00 GMT

Equipment For Offshore Oil and Gas Exploration Arrives in Beirut

Volkswagen continues to deal with the financial fallout of diesel emissions cheating.
October 31st, 2019 - 09:00 GMT

Volkswagen Posts Net Profits of €3.8 Billion for Q3 2019

Aramco oil facility near al-Khurj area, just south of the Saudi capital Riyadh (AFP)
September 18th, 2019 - 06:59 GMT

Oil Prices Fall by 6% After Saudi Promised to Restore Output in Weeks

A first exploration well is scheduled to be drilled in the first half of next year.
August 28th, 2019 - 11:45 GMT

Qatar to Enter Exploration Blocks in Namibia

Lukoil accounts for over two per cent of global crude oil production and around one per cent of the world’s proved hydrocarbon reserves.  (File photo)
March 5th, 2017 - 10:00 GMT

Russia's Lukoil eyes operations expansion in Middle East

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)
October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Many of the companies looking at Eni's Zohr are either already active in Egypt or have recently landed bordering acreage in Cyprus, such as Exxon Mobil and Total.  (Eni)
August 14th, 2016 - 09:00 GMT

Eni mulls sale of 20 percent stake in Egypt's giant Zohr gas field

Civilians examine the bombed-out remains of a house in Aleppo, Syria following airstrikes in December 2015.  (AFP/Karam al-Masri)
April 12th, 2016 - 11:05 GMT

Meet the Syrian novelist who refuses to leave home

Japan began development of Azadegan oil field but ceased operations as a result of US sanctions against Iran.  (AFP/File)
March 25th, 2016 - 11:30 GMT

Oil giant Total signs 'secret deal' with Iran for South Azadegan field development


The Paris Court of Appeal directed Total to pay a €750,000 [$826,000] fine. Vitol also received a €300,000 fine. (VK)
February 28th, 2016 - 05:52 GMT

Total, 13 companies hit with $826M fine over Iraq Oil for Food corruption scandal

Al Bawaba
October 18th, 2015 - 04:55 GMT

Ten oil companies vow to green up with climate change initiative

Al Bawaba
September 30th, 2015 - 09:50 GMT

Qatar: with London under its belt, QIA sets its sights on The Big Apple

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