Bahrain Middle East Oil Conference Delayed by Coronavirus
Bahrain has postponed two oil and gas conferences which were scheduled to take place this month, including a regional gathering for oil traders, due to the coronavirus outbreak.
Christmas Cyberattack on Bapco: Over 2000 Damaged Computers, Losses Amount to Millions
On Friday (January 10, 2020), the state-run Akhbar Al-Khaleej newspaper published the following: “A failed Iranian cyberattack on the Bahrain Oil Company (Bapco).” An IT website said a cyberattack affected the oil company’s network.
US Ambassador to Join Bahrain Oil Minister on Tour to Promote Oil Discovery in Bahrain
US Ambassador Justin Siberell said he looked forward to accompanying Bahraini Oil Minister Mohammed bin Khalifa Al Khalifa to Houston to promote an oil field that Bahrain says it has discovered.
Oil Minister: Shear Zones Surveys Taking Place
Bahraini Oil Minister Mohammed bin Khalifa Al Khalifa said that a petroleum development company is currently conducting surveys of the shear zones with a company, without mentioning further details.
Alba’s Sixth Line to be Operational by End of Year
The Chief Executive of the Supreme Council for the Environment, Mohammad bin Daynah, said that the sixth line of Alba’s plant will be operational by the end of 2018.
Why Did Bahrain’s Oil Minister Change his Remarks on Rock Oil Discovery?
The “cost of extraction” should be the secret key to addressing the truth of this discovery. It is the “Achilles heel” of Bahrain which should make us wary of going a long way in applauding it.
Bahrain Says Found 80 Billion Barrels of Oil in New Field
Bahrain's Oil Minister said the amount of tight (light crude) oil discovered recently in the new oil field could exceed 80 billion barrels.
Bahrain's Petrol Prices Adjustment only Saves 26 Million Dinars a Year
Bahraini Oil Minister Mohammed bin Khalifa Al Khalifa said that the volume of revenues and savings expected from the adjustment of the price of petrol is estimated at 26 million dinars a year.
Oil Minister: Petrol Prices May Change if Necessary when VAT is Imposed
The Bahraini Oil Minister said that the National Oil and Gas Authority may revise petrol prices and adjust them if necessary when imposing the value added tax (VAT).
Bahrain Ready to Extract Gas by End of 2018, Bahrain Oil Minister
Bahrain’s Oil Minister Mohammed bin Khalifa Al Khalifa said that Bahrain is preparing to extract deep gas by the end of this year.