Just as tensions in the Middle East began to escalate, it seemed that regional, political and military factors will significantly influence oil price increase in the long term. Yet, it proved that no more than a week after a partial relief, crude oil prices are 10 % down, Gulf Brokers reported.

Anton Oilfield Services Group, an international integrated oilfield service company, had an anniversary gala with about 500 guests in Beijing on January 19th, 2020 to celebrate their 20 years of achievement.

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SNC-Lavalin announces that it has been awarded an engineering services contract from Al Dhafra Petroleum, a joint venture company between ADNOC and the Korea National Oil Corporation and GS Energy. This contract win is aligned with SNC-Lavalin’s new strategy moving forward to greater"...

NNA - The Association of Oil Importing Companies said in a statement on Thursday that oil importing companies deliver daily to markets a quantity equivalent to 1,300 tons of liquid gas, which exceeds the quantities delivered in the same period last year by 50%.


The companies"...

NNA - Caretaker Water and Energy Minister Nada Boustani on Friday announced during a press conference held at the Ministry that she had signed a decree instructing Lebanon Oil Installations to import household gas for the domestic market.

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NNA - The media office at the Ministry of Energy and Water on Thursday explained in a statement that due to the great difficulties faced by Electricite Du Liban to open the required credits for the purchase of fuel and gas oil materials to operate power plants, coupled with the storm that"...

LONDON: The mayors of New York City and London have urged other cities to divest their pension funds from fossil fuel producers, as they introduced a toolkit to help cities shift investments away from companies that drive climate change.

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Conflicts in the global gas markets have intensified, especially after Qatar’s failure to establish a gas export organization similar to Opec. Natural gas is especially important given its increasing leverage in global energy balance as a basic component of relatively clean energy.