The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.
Read More »GE Signs $15b. of Saudi Deals. MoUs During Trump Visit
The MoU aims to generate USD 4 billion in annual productivity improvement.
Read More »Indonesia and UAE Talk $5 Billion Energy Partnership
Currently. the value of the UAE’s investments in Indonesia amounts to $2 billion.
Read More »LNG Global Supply Glut May Persist Until 2020
Like its competitors across the upstream sector. PTT has been cutting the costs of production.
Read More »Pakistan to Overcome Energy Crisis in 6 Months
Pakistan would do away with the deficit gas production by importing 3bcfd by December 2018.
Read More »European Firms Looking for Gas and Oil Cooperation with Iran
Iranian Offshore Oil Company is one of the largest offshore oil producers in the world.
Read More »Solar Mini-Grids Could Protect the U.S. From Terrorist Strikes
This process would protect against cyberattacks such as the those levied against Ukraine in December 2016.
Read More »Brent Oil Price Exceeds $52 bbl
OPEC agreed to slash the output by 1.2 million barrels per day from Jan. 1.
Read More »UAE is Well Placed to Take Lead in Renewable Energy Storage
Several Mena countries have already begun exploring energy storage as a way to integrate new renewable generation resources .
Read More »Sinopec Willing to Double Foreign Investment to More Than $30 Billion
Sinopec expects to boost foreign investment to more than $30 billion.
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