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Energy
Egypt’s GPY oil field restarts with record production
The Egyptian General Petroleum Company (EGPC) has successfully brought the GPY oil field, located in Egypt's…
Nigeria to focus on natural gas in ’25
Nigeria will auction undeveloped oil and gas blocks next year, focusing on natural gas development to align with…
ADNOC L&S adds 20 offshore assets in ’24 expansion
ADNOC Logistics & Services Plc (ADNOC L&S) reported a significant expansion of its Integrated Logistics…
EU offers €1.7b in aid to boost Danish renewable gas production
The European Commission has approved a €1.7 billion (DKK 13 billion) Danish scheme aimed at boosting the production…
EIB, Crédit Agricole finance France’s energy transition
The European Investment Bank (EIB) and Crédit Agricole have expanded their partnership, launching a €700 million…
OAPEC members approve restructuring, rebranding as AEO
Member states of the Organisation of Arab Petroleum Exporting Countries (OAPEC) have approved on Monday a…
EU car market sees rise of electric, hybrid vehicle
The European Union (EU) had 10.7 million new car registrations in 2023.
Omani OQ Base Industries shares fall in weak IPO debut
Omani OQ Base Industries saw a 10 per cent drop in its shares on the Muscat stock exchange following its $489…
QatarEnergy acquires 27.5% stake in Namibian offshore block
QatarEnergy has expanded its upstream portfolio in Namibia by acquiring a 27.5 per cent interest in Block 2813B…
Libya’s NOC declares force majeure at Zawiya refinery
Libya's National Oil Corporation (NOC) declared a force majeure on Sunday after several reservoirs at the Zawiya…