energy
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SRTI Park Begins first MEA Energy Innovation Hub
Wednesday, 3rd March 2021
The Sharjah Research Technology and Innovation Park (SRTI Park) started the MEA Energy Innovation Hub via virtual meeting on Sunday, to create opportunities in the energy, low carbon, and oil and gas sectors, supported by the United Arab Emirates (UAE), according to Emirates News Agency (WAM).
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PDO, IEA Sign Cooperation Agreement on Energy Transition
Wednesday, 17th February 2021
Petroleum Development Oman (PDO) Company announced that it has signed an agreement with the International Energy Agency (IEA) for boosting cooperation in energy transitions and policy dialogues.
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Edison Sells Norway Upstream Assets for $300 MM
Thursday, 31st December 2020
Italy’s Edison sold its exploration and production (E&P) assets in Norway to Sval Energi, Norwegian oil and gas group, for $300 million to focus on clean energy.
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Egypt, Iraq Sign Energy cooperation MoU
Sunday, 1st November 2020
Minister of Petroleum and Mineral Resources, Tarek El Molla, signed a memorandum of understanding (MoU) with his Iraqi counterpart, Ihsan Abdul Jabbar.
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Algeria Unaffected by Fall in Oil Prices
Sunday, 26th April 2020
Algerian Minister of Energy, Mohamed Arkab, said that Algeria has the means and resources necessary to overcome the world oil crisis and that the recent fall in oil prices has not impacted Sonatrach’s activity.
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Algeria’s Oil, Gas Exports Fall by 12.52%
Monday, 25th November 2019
Exports reached $25.28 billion in October 2019, down from $28.89 in 2018.
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House of Representatives to Ask for Gas Price Reduction
Wednesday, 20th November 2019
The Industry and Energy Committee of the House of Representatives intends to ask the government to reduce natural gas prices for the energy-intensive factories.
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Algeria Approves New Energy Law
Sunday, 17th November 2019
Algeria's house of parliament passed a new energy law to make its oil and gas investment more attractive to international oil companies (IOCs).
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Aramco Restores Oil Output
Thursday, 3rd October 2019
Saudi Arabia has resumed to its average oil production, which makes Saudi Aramco fully focused on its initial public offering (IPO).
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ADNOC Wins “New Silk Road CEO of the Year Award”
Thursday, 3rd October 2019
The United Arab of Emirates (UAE) Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) has won “New Silk Road CEO of the Year Award” for supporting the continuous supply of energy across the continent.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021