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Bahrain Petroleum Company

Bahrain Petroleum Company News

Building, Bench, Furniture

Bahrain’s hospitality sector grows 18%, helping Q2 GDP up 6.9%

Bahrain’s gross domestic product rose 6.9 percent year-on-year in the second quarter of 2022, posting the biggest annual increase since 2011, Bahrain News Agency reported, citing the Ministry of Finance and National Economy. The positive economic growth was driven by the strong performance of the non-oil sectors targeted by the Economic Recovery Plan. The hotels […]

Doubling oil output may prove a challenge too far

Four years after announcing a giant discovery of 80 billion barrels of oil shale and 20 trillion cubic feet of gas off the coast of Bahrain, Manama has yet to make a final decision on whether to push ahead with what would be an expensive and challenging project. The offshore basin, which wraps around the […]