BGN, a leading player in the global trade, storage, and transportation of petroleum products and petrochemicals, recently participated in the prestigious Middle East Petroleum & Gas Conference (MPGC) held in Dubai on May 22-23. Emin Imanov, CEO of BGN Trading, shared valuable insights about BGN’s operations during an exclusive panel discussion that focused on the company’s ability to connect producers, processors, and […]
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Iraq awards major contract to build oil storage facility
[Editor’s note: The story was updated on June 2, 2023} Iraq is going full throttle in its oil and gas development and held a resumption ceremony for a project award to a Chinese firm to build a crude oil depot for export with a capacity of around 3.2 million barrels, Zawya reported, citing Iraqi officials. […]
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Iran a responsible member of the OPEC family: Secretary General
OPEC will welcome Iran’s full return to the oil market when sanctions are lifted, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) told the Iranian oil ministry’s website SHANA on Monday. “We believe that Iran is a responsible player amongst its family members, the countries in the OPEC group. I’m sure […]
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GE Gas Power empowers Kuwait’s energy future with technology centre
GE Gas Power is actively contributing to Kuwait’s energy and economic development by not only providing advanced gas turbines, services, and upgrades but also by fostering the growth of local professionals through the GE Kuwait Technology Centre (GEKTC). This one-of-a-kind facility serves both domestic and international customers, including prominent oil and gas companies. It consists […]
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‘Historic day’: Bahrain’s nogaholding rebrands as Bapco Energies in diversification push
Bahrain’s Crown Prince and Prime Minister, HRH Prince Salman bin Hamad Al Khalifa, introduced Bapco Energies as the new brand identity for the kingdom’s Oil and Gas Holding Co (nogaholding) on May 29, Trade Arabia reported. During the brand unveiling, HH Shaikh Nasser bin Hamad Al Khalifa, chairman of the nogaholding (now Bapco Energies) described […]
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UAE makes new updates for Dubai residents staying abroad for over 6 months
The Federal Authority for Identity and Citizenship, Customs and Ports Security (ICP) has clarified the latest updates regarding the permit for UAE residents who stay outside the country for more than six months, according to a report by Arabic daily Emarat AlYoum. According to the ICP, Dubai residents are not included in this permit. The […]
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Samsung C&T awards contract for Qatar’s solar megaproject
Sunpure has secured a contract from South Korean engineering and construction firm Samsung C&T to supply PV cleaning robots for Qatar’s largest solar plant—the industrial cities solar power project (IC Solar). The contract requires Sunpure to provide intelligent PV cleaning robots for two solar PV plants, with 875 MW of capacity. Both projects are expected […]
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