«Уверен, что благодаря нашей сплоченности и решимости мы сможем добиться успеха в деле поддержания долгосрочной стабильности на рынке в интересах экономических агентов на всём протяжении нефтяной производственной цепи»,

Saudi Arabia said on Sunday OPEC’s job in rebalancing the oil market was far from done as global inventories were still rising despite harsh U.S. sanctions on Iran and Venezuela, signaling it may need to expand output cuts into the second half of 2019.

Abu Dhabi is one of the most important examples of a city that is creatively seeking to strengthen its renewable energy sector.

The Emirates Nuclear Energy Corporation has signed a memorandum of understanding with Enusa Industrias Avanzadas, defining a framework for collaboration and the exchange of information and expertise in the field of nuclear fuel services.

Abu Dhabi: The UAE Cabinet, chaired by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, adopted the National Space Strategy 2030 during its meeting at the Presidential Palace in Abu Dhabi on Monday. The Cabinet meeting was attended by Shaikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.

The UAE cabinet on Monday approved the regulatory framework for issuance of five and 10-year UAE residence visas to certain categories of applicants.

India is seeking investment from Saudi Arabia to build emergency crude reserves that will act as a buffer against volatility in oil prices and supply disruptions for the third-largest oil consumer.

India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a sanctions waiver past early May, two sources with knowledge of the matter said. New Delhi is asking to be allowed to still buy Iranian oil at current levels of around 1.25 million tonnes per month, or about 300,000 barrels per day, the sources said.

Iran is to launch four new phases at South Pars, the world’s largest gas field, with a production capacity of up to 110 million cubic meters per day, the oil ministry said

Saudi Arabia produced 10.1 million b/d of crude oil in February, well below its quota under an OPEC/non-OPEC supply accord of 10.31 million b/d,

The United Arab Emirates (UAE) will continue to deliver on crude oil supply cuts under a producer agreement until the global market is re-balanced, Minister of Energy and Industry Suhail al-Mazrouei said on Sunday.

IMF - Economic growth is anticipated to remain around 1.8 percent in 2019. The authorities’ Fiscal Balance Program, underpinned by the 2019-20 budget, has provided a commendable framework to arrest the decline in fiscal and external buffers since 2014.

The Saudi plan to expand in the renewable energy sector and diversify partnerships with progressive countries in the field is moving forward.

GULF TIMES - As part of his official visit to Qatar, Russia’s Foreign Minister Sergei Lavrov and his accompanying delegation paid a visit to the Gas Exporting Countries Forum (GECF) Secretariat in Doha

MEOG - Saudi Aramco CEO Amin Nasser gave a speech at London Petroleum Week about the oil and gas industry's future--or, rather its perceived lack of a future. He addressed what he called a "worrying and growing belief among policy makers and regulators, investment houses, NGOs, and many others that we are an industry with little or no future."