No more brain drain: Sonatrach’s new leadership team
Brain drain in Alegeria is real. In order to stop and reverse the flow of talent from leaving the country, the CEO of Algeria’s Sonatrach, a state-owned oil firm, has assembled a new leadership...
Natural gas and crude to dominate Turkey-Iran ties
Natural gas continues to play a significant role in Turkey-Iran relations despite threats from U.S. President Donald Trump that it will not allow any country to do business with America if it continues to...
China pledges $20 billion in financial aid to the Middle East
On Tuesday, as part of China’s strategic foreign policy objective which also fits well in it Belt and Road project, Chinese President Xi Jinping pledged $20 billion in loans and nearly $106 million in...
Norway continues Lebanese development program
The Oil for Development program signed by Lebanon and Norway for another three years, will significantly aid the country’s civil society towards a transparent and sustainable petroleum management program.
Renewing this mutual commitments toward a...
Strait of Hormuz: Its strategic importance for sea-borne oil
The Strait of Hormuz, a strategic artery which links producers of crude oil from the Middle East to markets in the Asia Pacific region, Europe, North America and beyond, is of strategic importance to...
OPEC’s oil production meeting in Vienna likely to be tough
Ministers from OPEC countries have arrived in Vienna in order to decide whether to reverse their landmark pact to curb oil production so as to bring down the excess in the global oil pool.
The...
Egypt, Israel to reshape Middle East gas map
Will hydrocarbons be the cement of Middle East as fertilizers could be the cement for the African continent? Will hydrocarbons transcend all political and ideological issues between Arabs and Israelis? Since the Camp David...
Iran-China relations likely to expand in near future
With U.S. President Donald Trump withdrawing the United States from the 2015 landmark nuclear accord with Iran that was brought about by his predecessor Barrack Obama, Iran’s Foreign Minister along with Javad Zarif, one...
Environmental sustainability for Qatar’s industries
In recent times, with environmental sustainability gaining wide prominence in Qatar, state-owned and private companies are increasingly taking proactive measures to minimize their carbon footprints. Qatar, a major exporter of fossil fuels and one...
Qatar Petroleum agrees to purchase 30% stake in Exxon Mobil’s Argentinian arm
In what is Qatar Petroleum’s first deal in Argentina, Qatar’s state-owned energy giant has signed an agreement to acquire a 30% stake in Exxon Mobil hydrocarbon affiliates in Argentina.
The deal, was formally signed by...