UAE supplies Japan with 45.6% of oil imports in December 2024

UAE supplies Japan with 45.6% of oil imports in December 2024
TOKYO, 1st February, 2025 (WAM) – Japan’s oil imports from the UAE amounted to 35.97 million barrels, representing 45.6 percent of total imports in December 2024, according to data from the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade and Industry.In the same mont...

UAE supplies Japan with 38.2% of oil imports in November 2024

UAE supplies Japan with 38.2% of oil imports in November 2024
Japan’s oil imports from the UAE amounted to 27.16 million barrels, representing 38.2 percent of total imports in November 2024, according to data from the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade and Industry.In the same month, Japan imported approximately 71.18...

Dragon Oil showcases AI, sustainability innovations at ADIPEC 2024

Dragon Oil showcases AI, sustainability innovations at ADIPEC 2024
Dragon Oil, fully owned by the Government of Dubai, participated in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2024, held in Abu Dhabi from November 4 to 7.Dragon Oil CEO Ali Rashid Al Jarwan stated: “Our participation in this year’s ADIPEC aligns with the exhibition’s g...

Significant oil discovery announced in Egypt

Significant oil discovery announced in Egypt
Khalda Petroleum Company, operating in the Kalabsha Development Area of the Egyptian Western Desert, announced a new oil discovery in the West Fewebs-1 area.The well was tested by drilling 270 feet into the Paleozoic sands, and the recovery on a 1-inch production opening was 7,165 barrels of oil per day...

37th OPEC and non-OPEC Ministerial Meeting extends level of overall crude oil production until end of 2025

37th OPEC and non-OPEC Ministerial Meeting  extends level of overall crude oil production until end of 2025
VIENNA, 2nd June, 2024 (WAM) – The 37th OPEC and non-OPEC Ministerial Meeting decided to extend the level of overall crude oil production for OPEC and non-OPEC Participating Countries in the Declaration of Cooperation (DoC) starting 1 January 2025 until 31 December 2025.Participanting Countries also