Growth
-
ADNOC Distribution Achieves 2020 Growth Strategy
Tuesday, 26th January 2021
ADNOC Distribution announced that it managed to achieve its growth strategy during 2020 by increasing its services station network and modernizing its ADNOC Oasis convenience stores.
-
China’s Oil Throughput Decreases to 14.9 mmbl/d in December
Monday, 18th January 2021
Chinese oil productivity has gradually declined by 0.5% reaching 14.9 million barrels per day (mmbl/d) in December 2020 after recording a high in November. While the country’s total crude proceeded during 2020, jumped up 2.7% reaching 13.51 mmbl/d compared to the previous year.
-
Asian Gas Oil Demand to Grow in 2021
Monday, 11th January 2021
The Asian gas oil demand is expected to grow in 2021 driven from expectations of increase in the consumption especially during the second half of the year.
-
Saudi Mining Sector Increases 3.1% During Q1 2020
Tuesday, 4th August 2020
Saudi Mining Sector has achieved growth 3.1% during the Q1 of the current year despite the exceptional circumstances of Coronavirus pandemic.
-
Egypt’s Growth to Reach 4.5% in 2017/2018
Thursday, 11th January 2018
Egypt’s growth has been forecasted to increase to 4.5% during fiscal year (FY) 2017/2018, compared to 4.2% in FY 2016/2017, due to the ongoing economic reforms and the developed business climate.
-
IMF Cuts Nigeria’s Growth Forecast to 2.3% in 2016
Monday, 4th April 2016
The International Monetary Fund (IMF) cuts again its growth forecast for Nigeria as the oil exporter faces "substantial challenges" due to low crude prices. -
UAE Key Stabilizer in Future Oil Markets
Sunday, 15th November 2015
"The UAE played a key role in the political stability of this region and the UAE will play ... a key role in the stability of the market," the UAE oil minister Suhail al-Mazrouei was quoted as saying. -
Mining to Make Major Contribution to Saudi Diversification
Thursday, 29th October 2015
Saudi Arabia's plans to diversify its economy away from oil gained additional imputes with the announcement that the country's mining sector is set to triple by 2030. -
UAE Struggles Over Predicting Ideal Oil Price for its Budget
Tuesday, 27th October 2015
Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, explained Ali Al Mansoori head of Abu Dhabi’s Department of Economic Development -
Angola Driving Ahead with Eurobond Plan as Oil Prices Falls
Monday, 26th October 2015
Angola's Finance Minister announced that his country will meet with investors in the US and Europe starting October 26 to promote its first Eurobond sale
Latest News
-
El Molla Reviews Midor Refinery Expansion
-
Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
-
Agreement with Belgian DEME for Studies of Green Hydrogen Production
-
El Molla Inspects Progress of New Alamein Pipeline Project
Subscribe to Newsletter

Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021