QP highlights its achievements at the 26th World Gas Conference in Paris.

Qatar Petroleum (QP), along with a number of its major joint ventures and subsidiaries, is participating in the 26th World Gas Conference (WGC), which is being held from 1-5 June 2015 in Paris. With...

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Chevron: Australia’s second wave of LNG investment at risk

Chevron, which is building the giant Gorgon and Wheatstone projects in Australia, said the second wave of LNG investment for the country is at serious risk of not happening. “The reasons are many...

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Qatargas, Bulgargaz sign cooperation deal

Qatargas, the world’s largest LNG producer, signed a a letter of intent of cooperation with Bulgarian gas distribution company Bulgargaz. This was signed as part of a visit of Bulgarian Prime...

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IP project nearing reality, Iran targeting LNG exports

Chairman of Pakistan’s United International Group Mian Shahid has said that gas import from Iran is going to become a reality twenty years after Pakistan and Iran signed pipeline deal. The project...

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QP inaugurates $1bn JBGR Project

Qatar’s $1bn Jetty Boil-off Gas Recovery (JBOG) Project was officially inaugurated. The project will use Waste fuel from QatarGas to generate much needed LNG products. The JBOG Recovery...

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Kuwait Oil Company unveils solar project

Kuwait Oil Company (KOC) will commission the largest solar power plant in Kuwait this year. To reach the goal set by HH the Emir of Kuwait of producing 15% of energy in Kuwait from renewable...

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EU outlines energy diversity strategy as following:

The commissioner in charge of energy – EU – A diverse source of energy, from Caspian to potential North American sources, is needed for European security. – The European energy security...

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OPEC says speculation played important role in oil’s decline

Oil supply and demand doesn’t fully justify the 60% drop in prices between June and January as speculation also played a role. A rise in supply from outside the Organization at a time when demand...

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EIA: US Shale Oil Output To Fall In May, First Drop In 4 Years

The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector. According to Wood Mackenzie, the price required for companies to be cash flow neutral in 2015...

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BG supports World Bank gas flaring initiative

LNG player BG Group said it is supporting the World Bank ‘Zero Routine Flaring by 2030′ initiative to eliminate routine gas flaring at operated oil production sites. The initiative has been...

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