Algeria

Spain Might Provide Morocco with Gas from Algeria
21/10/2021 09:12 GMT

Spain may buy larger quantities of Algerian gas in order to re-export some to meet the needs of the Moroccan market, local media reports have said, however, such a plan would require great financial... More


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Bahrain

New Bahrain Petroleum Co. Chairman, CEO Named
21/10/2021 11:17 GMT

HM the King’s Representative for Humanitarian Work and Youth Affairs and the Chairman of the Board of Directors of the Oil and Gas Holding Company Shaikh Nasser bin Hamad Al Khalifa on October 20... More


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Egypt

Suez Canal Sees Rise in Revenues
21/10/2021 11:24 GMT

Egypt’s annual revenue from the Suez Canal has gone up by 12.4 % to $4.9 billion from the beginning of the year to October 12, head of the authority, Osama Rabie, said. The first eight months of the... More


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Iran

Iranian Official Announces Saffron Price
21/10/2021 08:43 GMT

Central Organization of Rural Cooperatives of Iran (CORC) CEO Esmail Ghaderifar said that the purchase price per kilogram of saffron negin has been set at IRR 204 million (~US$750). He added that the... More


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Iraq

S. Korean, Japanese Refiners Chase Competitive Iraqi Crude
21/10/2021 08:58 GMT

South Korean and Japanese refiners are increasingly attracted to Iraqi crude oil as official selling prices for Basra crudes fell to steep discounts against other Persian Gulf grades, prompting the... More


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Kuwait

KSA, Kuwait, UAE Welcome Bahrain Govt. Efforts in Implementing Fiscal Balance Program
21/10/2021 08:53 GMT

The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait, and Bahrain met on Tuesday to discuss the latest developments regarding Bahrain’s Fiscal... More


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Libya

Oil Minister Says He Has Suspended Libyan NOC head Again
20/10/2021 09:21 GMT

Libya's oil minister has again suspended the head of state-run National Oil Corporation (NOC), Mustafa Sanalla, over alleged administrative offences, the ministry said on Tuesday, in a dispute that... More


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Oman

UAE & Oman Discuss Coop in Industrial Sector
19/10/2021 10:26 GMT

UAE and Oman on Monday (October 18) discussed the importance of cooperation and investment in the industrial sector, advanced technology and quality infrastructure. An Emirati delegation led by Dr... More


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Qatar

EU Pens Milestone Aviation Deal with Qatar
21/10/2021 11:42 GMT

The European Union and Qatar this week signed a milestone Comprehensive Air Transport Agreement, providing airlines from EU countries + Qatar with free access to each other’s markets, fewer... More


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Saudi Arabia

Marubeni & UAE's TAQA in Partnership to Develop Project for Saudi Aramco
21/10/2021 11:14 GMT

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utility companies in the EMEA region, along with Marubeni Corporation, announced a partnership to develop a greenfield... More


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UAE

Marubeni & UAE's TAQA in Partnership to Develop Project for Saudi Aramco
21/10/2021 11:14 GMT

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utility companies in the EMEA region, along with Marubeni Corporation, announced a partnership to develop a greenfield... More


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Yemen

Govt. Takes New Measures to Curb Devaluation of Yemeni Riyal
19/10/2021 10:41 GMT

The Central Bank of Yemen on Monday closed six exchange firms and shops for not complying with its anti-speculation regulations, bringing the total number of outlets blacklisted since Saturday to 60.... More


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General News

Oil Hits Multi-Year High, Then Pulls Back
21/10/2021 11:07 GMT

Oil hit a three-year high above US$86 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs the rally is looking... More


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