oil and gas

Opec+ may keep production steady after Sunday meeting

December 2, 2022

The Opec+ alliance of 23 oil-producing countries will most likely hold production steady following its meeting on Sunday, analysts say, as markets......

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Viking announces major contract wins in Mena region

November 30, 2022

Viking Completion Technology (Viking), a leading provider of upper completion equipment to the oil and gas industry, has announced multiple contract......

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Oil prices decline 2% as Chinese demand worries continue to linger

November 28, 2022

Oil prices fell 2 percent on Friday in thin market liquidity, closing a week marked by worries about Chinese demand and haggling over a Western price......

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Gas price cap divides EU energy ministers’ meeting

November 25, 2022

Brussels – EU energy ministers met Thursday to debate measures to mitigate the energy crunch in Europe but were divided over a gas price cap......

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Oil prices ease as China COVID concerns outweigh supply woes

November 17, 2022

NNA - Oil prices slid on Wednesday as COVID-19 cases in China continued to climb, sparking worries of lower fuel demand in the world's top crude......

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Israeli-controlled shipping firm says tanker hit by projectile off Oman

November 17, 2022

A tanker was hit off the coast of Oman on Tuesday, sustaining minor damage to the hull with no injuries or spillage of the gas oil cargo, Israeli-controlled......

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OPEC lowers forecast for global oil demand growth

November 15, 2022

Baghdad / NINA / - The Organization of Petroleum Exporting Countries (OPEC) has lowered the forecast for the growth of global demand for oil in both......

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Climate activists challenge TotalEnergies CEO at COP27

November 12, 2022

Sharm el Sheikh – French giant TotalEnergies’ chief executive was confronted by climate activists Friday at the COP27 summit in Egypt,......

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Israel, Morocco sign energy deal for green hydrogen production at COP27

November 10, 2022

Israeli company, H2Pro, and Moroccan renewable energy developer, Gaia Energy, signed a Memorandum of Understanding for the supply of green hydrogen......

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Kuwait says to become carbon neutral in oil and gas by 2050

November 9, 2022

Nov 7 (Reuters) - Kuwait is committed to becoming carbon neutral in the oil and gas sector by 2050 and in the whole country a decade after that,......

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