Falih and UAE minister Suhail al-Mazroui said they did not think the rise in prices would hurt global demand for oil.
Read More »Kuwait oil minister: not discussing exit strategy from supply cuts at Sunday meeting
OPEC. supported by Russia and other non-members. began to reduce output a year ago to remove an oil glut built up in the previous two years.
Read More »ADNOC to Expand Use of Carbon Capture Technology
Volume of the greenhouse gas locked away underground will be equivalent to more than 1m vehicles each day.
Read More »Aramco is Ready for IPO as Listing Venues up in Air
The kingdom will decide where the stock will be traded. not the company.
Read More »US Overtake Saudi Arabia and Russia as Top Oil Producer in 2018
US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.
Read More »UAE Is Considering to Remove Energy Subsidies
Ministry wants to remove all forms of subsidies in gas and electricity to reflect real price.
Read More »Saudi Arabia Progress Nuclear. Renewable Power
Kingdom’s first large scale nuclear plant to be commissioned in 2027.
Read More »Iran Prepared to Develop Onshore Section of Gas Pipeline to Oman
Iran produces more than 800 million cubic meters of gas per day.
Read More »Deal for First EV Pilot Signed in Saudi Arabia
Such a move is part of the company’s strategy to reduce reliance on oil and cut emissions.
Read More »Al Sada: Qatar will Continue to Support Oil Output Cut
During the years 2015 and 2016. Qatar had made great efforts to coordinate positions and bring together views.
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