Iran to Stand Against US Sanctions: Oil Minister
Iran will stand against US sanctions considering them “fully illegal”, Bijan Zanganeh, Iranian Oil Minister, said on January 10, announcing that Tehran would not comply with the sanctions
News / International
Saudi Arabia to Construct $10B Oil Refinery in Pakistan
The refinery is set to be established in Pakistan's deepwater port of Gwadar.
ADNOC Awards Offshore Blocks to Eni, PTTEP
The Abu Dhabi National Oil Company (ADNOC) has awarded two offshore blocks to Eni and PTT Exploration and Production Public Limited (PTTEP) for oil and gas E&P.
Saudi Arabia Announces Increasing Oil, Gas Reserves
Saudi reserves increased by 2.2 billion barrels to 263.1 billion barrels of oil at the end of 2017, while natural gas reserves rose to 319.5 trillion cubic feet.
UAE to Continue Diversifying Energy Mix
The country is preparing for fuel load of unit 1 of Barakah Nuclear Energy Plant, which is scheduled to take place between the end of 2019 and early 2020.
Petrochemicals Adds $12B to Saudi’s Economy
Sabic's domestic sales reached 2.7 million tons, covering around 94% of the kingdom’s consumption.
Penspen Awarded FEED Contract for Morocco-Nigeria Gas Pipeline
Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) and the Nigerian National Petroleum Corporation (NNPC) have awarded a contract to Penspen to begin FEED’s first phase to construct a 5,700-km gas pipeline between Nigeria and Morocco.
Abu Dhabi Starts Operations at World’s Largest Solar Plant
Abu Dhabi’s Department of Energy (DoE) announced on January 8 the start of operations at Noor Abu Dhabi, the largest solar plant in the world.
Sound Energy Finds Gas in Moroccan Tendrara Well
Moroccan upstream gas company Sound Energy has announced finding gas-bearing sands in its TE-10 well located in the Tendrara area in Morocco.
Mubadala’s Masdar to Double Renewable Energy Capacity
Mubadala subsidiary Abu Dhabi Future Energy Company (Masdar) plans to double the renewable energy capacity in the upcoming five years.
