Algeria

Rabat Halts Negotiations for Renewal of Spain-Algeria Pipeline Concession
15/06/2021 04:15 GMT

Morocco is allegedly halting negotiations for the renewal of the Maghreb-Europe gas pipeline concession. The Maghreb-Europe gas pipeline connects Algeria to Spain through Morocco. Over 30% of the... More


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Bahrain

King Orders Rent Waiver on Bahraini Govt. Properties
15/06/2021 08:57 GMT

Tenants of government properties in Bahrain will receive a three-month waiver on rent as per the directives of His Majesty King Hamad bin Isa Al Khalifa, who has ordered the launch of a financial... More


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Egypt

KSA Eyeing to Become Egypt’s Top Trading Partner
15/06/2021 08:25 GMT

Saudi Arabia plans to be Egypt’s top trading partner within five years, said Saudi Commerce Minister Majid Al-Qasabi. He made the pledge at the Egyptian-Saudi Joint Trade Committee on Monday. The... More


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Iran

Oil Equipment Constitutes 80% of Iran’s Newly Indigenized Products
15/06/2021 06:23 GMT

Iranian Vice-President for Science and Technology Sourena Sattari has said that 80% of the products that are being produced for the first time in the country are related to the oil... More


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Iraq

Iraq Aims to Go Nuclear to Resolve Its Crippling Power Shortages
15/06/2021 04:18 GMT

Iraq is working on a plan to build nuclear reactors as the electricity-starved petro-state seeks to end the widespread blackouts that have sparked social unrest. OPEC’s No 2 oil producer – already... More


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Kuwait

Kuwait & Iraq Review Grid Connector
13/06/2021 09:03 GMT

Iraq's Ambassador to Kuwait, H.E. Mr. Al-Manhal Al-Safi, met on Friday with the Kuwaiti Minister of Electricity, Water and Renewable Energy, H.E. Dr. Mishaan Al-Otaibi. They discussed cooperation in... More


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Libya

NOC Chairman: Libyan Oil Production Under Pressure Due to Pipeline Leaks
13/06/2021 06:07 GMT

Libya's production recovery is slowing as the country's ageing oil infrastructure comes under pressure, with more falls likely in coming days due to series of pipeline leaks, the chairman of... More


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Oman

SCT Signs Deal with Omantel
15/06/2021 09:26 GMT

Space Communication Technologies Company (SCT) and Oman Telecommunication Company (Omantel) have signed an agreement to provide Satellite Communication to the different verticals in the Omani market.... More


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Qatar

Envoy: Qatar & UK Eager to Take Economic Ties to Next Level
15/06/2021 04:15 GMT

Ambassador of the State of Qatar to the United Kingdom, H E Yousef bin Ali Al Khater said that Qatar and the United Kingdom are eager to take economic relations to the next level and to intensify... More


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Saudi Arabia

KSA Eyeing to Become Egypt’s Top Trading Partner
15/06/2021 08:25 GMT

Saudi Arabia plans to be Egypt’s top trading partner within five years, said Saudi Commerce Minister Majid Al-Qasabi. He made the pledge at the Egyptian-Saudi Joint Trade Committee on Monday. The... More


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UAE

Saipem Secures Abu Dhabi National Oil Co. Deal
15/06/2021 07:57 GMT

Abu Dhabi National Oil Co. (ADNOC) has awarded a US$510 million contract to Italy's Saipem to expand the capacity of Shah sour gas plant ( Shah Gas Field ) as the UAE's biggest energy producer seeks... More


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Yemen

Oman Wants to Extend Gas Pipeline Network to Iran & Yemen: Minister
18/05/2021 06:31 GMT

Oman would like revive plans to import Iranian gas via pipeline ( Gas Exports to Oman ) should the nuclear deal be reinstated, and is also considering extending its pipeline network to Yemen,... More


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General News

ME Crude Benchmarks Up Amid Flurry of Tenders
15/06/2021 09:24 GMT

Middle East crude benchmarks Oman and Dubai rose on Monday as spot market activities gathered pace. Iraq's SOMO offered 1 million barrels of Basra Heavy crude, loading July 29-31, via a monthly... More


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