Browsing: oil

The planned mega pipeline project that will carry natural gas from Russia to China could see an extra conduit laid for crude oil, Russian President Vladimir Putin has said.

Tubal site shunned for want of drilled wells and infrastructure

French firm to develop oilfields and build a 1GW solar power plant

The process comes as Chevron prepares for the $53bln acquisition of rival Hess which it said will include up to $20bln in assets sales around the world

According to its May report, the UAE’s non-oil GDP registered a significant year-on-year (YoY) increase of 7.3 percent in Q2 2023

Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion barrels,…

The Iraqi oil ministry said on Sunday it signed a Heads of Agreement (HOA) with an Iraqi-Chinese joint venture to develop an oil field in the Basra province with a capacity of 200,000 barrels per day.

Russia’s energy revenue saw a massive increase in the first four months of the year, mainly due to rising oil prices, the Finance Ministry has revealed.

The Secretariat General said in a statement that this came during Al-Budaiwi’s participation in the “Gulf Innovators 2024” conference

Saudi Arabia, a country historically synonymous with oil production, is making strides toward sustainability. Once reliant solely on its vast oil reserves, it is now embracing a green energy revolution that promises to reshape its economic landscape while safeguarding its environmental future.