IEA: Half of Power Plants Built in 2014 to be Fueled by Renewables

• Wednesday, 11th November 2015
• by Egypt Oil & Gas

The International Energy Agency (IEA) released its annual “World Energy Outlook” report. Among the most interesting statistics was that almost half of new power plants built worldwide in 2014 were built to utilize re ...

Mixed Blessings Face Gulf Economy with Oil-Dollar Tradeoffs

• Wednesday, 30th September 2015
• by Egypt Oil & Gas

The strength of the US dollar against Asian currencies is leading to a surge in remittances from migrant workers in the Gulf Arab region

Third Tank World Expo to be Hosted in Dubai, April 13-14

• Monday, 6th April 2015
• by Egypt Oil & Gas

International industry leaders will come together in Dubai this month to debate the increasingly critical issue of global oil storage and its impacts on the Middle East oil and gas industry, as countries around the w ...

IEA Names New Executive Director

• Sunday, 15th February 2015
• by Egypt Oil & Gas

The International Energy Agency’s governing board confirmed the appointment of Fatih Birol as the agency’s next executive director. Birol succeeds Maria van der Hoeven, who will complete her 4-year term on Aug. 31.

Iraq: Output Must Rise to Compensate for Price Drop

• Thursday, 22nd January 2015
• by Egypt Oil & Gas

Iraq, the nation adding more new oil to global markets than any other supplier in OPEC, said it needs to boost production and exports of crude to compensate for collapsing prices.