- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Iran to add more gas pressure boosters by March 2016
Five gas pressure stations will become operational up to the end of the current Iranian calendar year (March 2016) with the aim of boosting gas transfer capacity of the country. Managing director of...
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Halliburton says it has cut 9,000 jobs in wake of oil price drop
Halliburton Co. has cut 9,000 jobs — more than 10 percent of its workforce — in about six months and is considering more cost-cutting moves as falling oil prices sap demand for its drilling...
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Iraq’s 2015 Oil Output Seen Flat, Next Year a Challenge
Iraq’s 2015 Oil Output Seen Flat, Next Year a Challenge Iraq’s oil output in 2015 is likely to remain flat as Baghdad struggles to cope with a slump in crude prices that has slashed...
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ExxonMobil president calls for faster LNG export approvals
The United States is at risk of losing economic opportunity and the ability to solidify its role as a global leader in energy production unless the government moves to approve liquefied natural gas...
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Decline in oil prices is “temporary
The decline in oil prices is “temporary,” and crude is steadying at $55–60/bbl amid stronger global demand, an adviser to Saudi Arabia’s oil minister said. “I’m very optimistic about...
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Schlumberger Will Cut 11,000 Additional Jobs
Schlumberger Ltd. has said it plans on cutting 11,000 more jobs, in addition to the 9,000 job cuts announced in January, making for a total of 20,000 jobs – approximately 15 percent of its...
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Zero Routine Flaring
With about 140bn cubic meters of associated natural gas is burnt off at oilfields across the globe every year, an initiative called ‘Zero Routine Flaring’, was announced during April 2015...
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Chevron fires up first Gorgon LNG gas power generator
Chevron-operated Gorgon LNG project has achieved an important milestone with the successful start-up of the first gas turbine generator, a key element of the Gorgon project’s plant start-up...
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Oil prices end week up about 1 percent
Oil prices held steady Friday ahead of key industry data as markets took a wait-and-see approach on strong Chinese economic momentum. Major oil indices barely moved early in the Friday session,...
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Saudi demand optimism lifts oil prices
Prospects for a brief slowdown in U.S. oil production and demand expectations from Saudi Arabia gave oil prices a major lift in Thursday trading. Ibrahim al-Muhanna, an adviser to the Saudi Petroleum...
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