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    Opec nations, Russia agree to cut oil production to lift prices

    06 Dec 2019

    The Opec oil-producing countries and ally Russia said on Friday they have agreed to cut their crude production by an extra 500,000 barrels a day as they try to support global energy prices.

    Oil prices set for biggest yearly rise since 2016

    31 Dec 2019

    Oil rose on the last trading day of the decade on Tuesday and was on track for monthly and annual gains, supported by a thaw in the prolonged US-China trade row.

    Saudi non-oil private sector economy grows on new orders

    03 Dec 2019

    November saw a further improvement in the health of Saudi Arabia’s non-oil private sector, with latest IHS Markit PMI data indicating a quickening of growth momentum. This was driven by the sharpest rise in new work since April 2015.

    PPL announces 2 oil and gas discoveries in Sindh, Balochistan

    24 Dec 2019

    State-owned Pakistan Petroleum Limited (PPL) has announced two oil and gas discoveries in Sindh and Balochistan in an announcement. The PPL informed the Pakistan Stock Exchange

    OPEC+ meeting agrees to raise output by 400,000 barrels per day from August

    18 Jul 2021

    According to a source, OPEC Plus agreed to increase the UAE’s share to 3.5 million barrels per day, and increase Iraq and Kuwait produce 150,000 barrels per day.

    In a world first, ENOC’s new eLink mobile fuel station comes with a 30,000-litre tank, and can serve four vehicles at the same time

    14 Jul 2021

    There will be four types of fuel it will be providing: Special 95, Super 98, diesel and Biodiesel. The best part of the new fuel station is that it does not need assembling. Relocating it to a new location instantly is easy-peasy.

    Adnoc invests over Dhs2.8b in rigless services to boost output

    14 Jul 2021

    The Abu Dhabi National Oil Company (Adnoc), on Wednesday announced an investment of Dhs2.8 billion ($763.7m) in integrated rigless services across six of its artificial islands in the Upper Zakum and Satah Al Razboot (SARB) fields to support

    ‘Maintaining investment in oil and gas critical for economic progress’

    05 Oct 2022

    Energy security is essential for social, economic and climate progress and the responsibility of the energy industry in maintaining energy security has never been clearer, according to Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of Abu Dhabi National Oil Company

    Three oil, gas facilities attacked in Syria

    21 Dec 2019

    No one claimed responsibility for the attacks, which targeted the Homs oil refinery — one of only two in the country — as well as two natural gas facilities in different parts of Homs province.

    Saudi, Bahrain non-oil trade hits $2.17 billion in three quarters

    26 Oct 2020

    Non-oil trade between Saudi Arabia and Bahrain increased 43 per cent to $688.4 million during the third quarter (Q3) of 2020 compared to $481 million during Q3 of 2019.

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