Energy MENA Edition
Latest News
Tabreed Bahrain showcases innovative tech
The seawater system is comprised of a 1.5-kilometre intake line from the Manama Lagoon Area
Sharjah Chamber, Bee'ah ink MoU to promote best environmental practices
Both parties will organise visits to exchange experiences in the environmental protection field
Petronas says begun restarting Saudi-Malaysian refinery CDU
The refinery's strong demand for Murban crude saw Malaysia's imports of the oil jump to about 4.6 million barrels in June and July
Saudi Aramco deal will help India’s Reliance to reduce $42bln debt burden
In exchange, Reliance will buy up to 500,000 barrels a day of crude oil from Aramco, more than double its current purchase
14.5% increase in electricity selling tariff from NREA projects
NREA has settled EGP1.85bn of its debts to the NBE and the NIB until last June
Dhofar wind farm produces first kilowatt hour of electricity
The landmark wind farm was successfully connected to Oman’s electricity transmission grid last week
Seadrill venture in $656mln Qatar rig contract
GulfDrill, a 50-50 joint venture between Seadrill and GDI, will initially operate five so-called jackup rigs on a $656 million contract with Qatar Petroleum
Equinor starts oil production at Britain's Mariner field
Mariner is expected to produce annual average plateau rates of around 55,000 barrels of oil per day and up to 70,000 barrels of oil per day at peak production, it added.
Emarat names new Director-General
Appointment of Ali Khalifa Al Shamsi as its new Director-General.
Iraq's SOMO sells two Sept-loading Basra crude cargoes -sources
SOMO has also sold 2 million barrels of September-loading Basra Heavy to Petro Diamond at a premium of above $1.60 a barrel to its OSP, the traders said
Insights
Lifting the veil from the Aramco money machine
Saudi Aramco arranged a call-in webcast as part of the move toward greater transparency and interaction with the wider financial world
Global motor manufacturing slump hits oil demand: Kemp
Global motor vehicle output declined last year by 1%, the first annual decrease since 2009
Land a critical resource to cut emissions: IPCC
Land is under pressure from humans and climate change, but it is part of the solution, says IPCC