OPEC oil output was rising in March as higher supply from Iran after the lifting of sanctions and near-record exports from southern Iraq offset maintenance and outages in smaller producers, Reuters informed based on a...
OPEC and non-OPEC producers – Qatar, Saudi Arabia, Russia, and Venezuela – are expected to hold a meeting in the Qatari capital on April 17th to debate oil output freeze on the January 2016 levels. The mee...
Nigeria’s President Muhammadu Buhari said the OPEC cartel needs to take action to stabilize the oil market because crude prices have fallen down to “totally unacceptable” levels, Reuters reported. Th...
The global oil market has witnessed first coordinated move in years to boost crude prices. Saudi Arabia and Russia, the world’s two largest crude-oil exporters, said they would halt production increases as long as oth...
Iran is planning to increase daily oil production to 750mcm from the South Pars field, jointly operated with Qatar, once the new phases are implemented, according to Press TV. “At this level of production, Iran will c...
GE Oil & Gas’ Downstream Technology Solutions (DTS) won a 15-year technical development partnership deal from Qatar Fertilizer Company (QAFCO), marking DTS’s first installation of its advanced 32K Exte...
Qatar Petrochemical Company (QAPCO) and Qatar University (QU) announce the renewal of the QAPCO Polymer Chair at QU, reported MENAFN. QAPCO’s MD & CEO, Dr. Mohammed Yousef Al Mulla, explained that research and inn...
Qatar’s RasGas Company has delivered the inaugural LNG cargo to India’s Petronet LNG under its new 1m ton per annum (MTA) sales and purchase agreement (SPA), reported Trade Arabia. The cargo was carried by...
Qatar Petroleum (QP) and Qatar Electricity and Water Company (QEWC) are establishing a joint venture for the generation of electricity from renewables, reported Gulf Base. QP has a 40% stake in the project, while QEWC...
Qatar-based Nebras Power is seeking to expand its investments in Oman and has announced plans to acquire Qatar Electricity and Water Company’s (QEWC) stake in Phoenix Power Company that owns and runs one of the larges...