Tag: announces
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Iraq announces the signing of a memorandum declaring the establishment of OPEC in Baghdad for the year 2023
The Iraqi Ministry of Oil announced the signing of a memorandum declaring the establishment of OPEC in Baghdad for the year 2023, during the celebration of the anniversary of the founding of the Organization of Petroleum Exporting Countries, in the presence of a large group of ministers and representatives of member states, today, Friday, June…
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OQ Oman announces the date of exporting its first shipments from Duqm Refinery
The Global Integrated Energy Group (OQO Oman) revealed developments in the time plans for the date of exporting the first refined shipments from the Duqm Refinery, following the expected start-up by the end of this year (2023), as the group continues to highlight the “Ras Markaz” station project to store oil and supply the refinery.…
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Saudi Aramco announces the creation of two new leadership positions.. Get to know them
Saudi Aramco announced the creation of two new positions in its senior management, as part of its strategic plan to support the growth of the company’s portfolio globally. The Saudi oil giant said it had created the positions of head of exploration and production, and head of refining, petrochemicals and marketing, and the two new…
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Egypt announces the developments of its huge petrochemical production project
Petrochemical production in Egypt is witnessing increasing interest from the government, in light of the great importance this sector represents in supporting the national economy. Within this framework, Egypt announced today, Thursday, May 11, 2023, the developments of its large project, represented in an integrated industrial complex with international specifications for the production of petrochemicals.…
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Saudi Aramco announces a huge acquisition deal to boost its presence in China
Saudi Aramco has strengthened its presence in the refining and petrochemical sector in China through a huge acquisition deal. Aramco (one of the world’s leading integrated companies in the field of energy and petrochemicals) has signed definitive agreements to acquire a 10% stake in Rongsheng Petrochemical Company Limited, which is listed on the Shenzhen Stock…
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UAE ENOC announces a 5-pronged strategy for leadership in the sustainable energy sector
Today, Thursday, March 23 (2023), the Emirates National Oil Company (ENOC) revealed a 5-pronged strategy to raise the group to the forefront of providing the best global solutions in the sustainable and integrated energy sector. The company’s long-term strategy for growth, in order to meet the growing demand for reliable, safe and sustainable energy locally…
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Russia’s Lukoil announces important developments regarding its investments in Ghana and Cameroon
The Russian Lukoil company disclosed new developments regarding its investments in the oil and gas sector in West African countries, especially Ghana and Cameroon. And the company announced its readiness to submit the final plan for the development of the offshore Ghana field to the regulatory bodies in Ghana, in preparation for making the final…
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Aramco announces for the first time the number of rigs in Saudi Arabia
The CEO of Saudi Aramco, Amin Al-Nasser, expressed his concern about the decrease in reserve capacity in the world in the medium and long term, revealing at the same time that the number of rigs in Saudi Arabia will reach 300 rigs by the end of this year (2023). He indicated – in an interview…
