- Egypt and France Launch €7 Billion Fully Private Green Hydrogen Megaproject in Ras Shukeir
- Qatar: Signing a historic agreement to supply 100 million cubic feet of helium annually to China.
- Kuwait: Oil revenues to decline despite increased exports of high-value derivatives.
- UAE: ADNOC Group to invest heavily in oil, gas, and petrochemical sectors.
- Egypt: $7 billion petrochemical complex in New Alamein
- Libya: Oil and Gas Sector to Suffer Instability, Hindering Plans to Raise Production
- UAE: ADNOC to supply liquefied natural gas from Ruwais project to Japan
- Oman: Signing of 10-Year LNG Sale and Purchase Agreement
- QatarEnergy: Signing a historic agreement to supply 100 million cubic feet of helium annually to China.
- Kuwait: Major oil and gas discovery in territorial waters
-
Egypt and France Launch €7 Billion Fully Private Green Hydrogen Megaproject in Ras Shukeir
Egypt and France Launch €7 Billion Fully Private Green Hydrogen Megaproject in Ras Shukeir Egypt and France have formalized a landmark agreement to establish an integrated green hydrogen and derivatives production complex, including green ammonia, in the Ras Shukeir region.The ambitious project,...
-
Qatar: Signing a historic agreement to supply 100 million cubic feet of helium annually to China.
At QatarEnergy’s headquarters in Doha, in the presence of Eng. Saad bin Sherida Al-Kaabi, Minister of State for Energy Affairs and CEO of QatarEnergy, and senior executives from G-Gas, QatarEnergy signed a 20-year direct agreement to supply 100 million cubic feet of helium annually from Qatar’s...
-
Kuwait: Oil revenues to decline despite increased exports of high-value derivatives.
Kuwait Petroleum Corporation (KPC) has achieved remarkable success in significantly diversifying its oil export mix by shifting from a primary reliance on crude oil exports to a 50/50 blend of crude oil and products. It has also succeeded in increasing Kuwait’s exports of medium distillates...
-
UAE: ADNOC Group to invest heavily in oil, gas, and petrochemical sectors.
UAE: ADNOC Group to invest heavily in oil, gas, and petrochemical sectors. In line with the targeted expansion of the UAE’s oil and gas sector, the ADNOC Group of Companies plans to invest heavily in developing its activities over the next few years. As part of the ADNOC Group’s major...
-
Egypt: $7 billion petrochemical complex in New Alamein
Egypt: $7 billion petrochemical complex in New Alamein The activities of the Egypt International Energy Conference and Exhibition “EGYPS 2025” witnessed the signing of the framework agreement by the Egyptian Petrochemicals Holding Company, the Egyptian Ministry of Investment, the...
Egypt and France Lau...
Egypt and France Launch €7 Billion Fully Private Green Hydrogen Megaproject...
Read more
Qatar: Signing a his...
At QatarEnergy’s headquarters in Doha, in the presence of Eng. Saad bin...
Read more
Kuwait: Oil revenues...
Kuwait Petroleum Corporation (KPC) has achieved remarkable success in...
Read more
UAE: ADNOC Group to ...
UAE: ADNOC Group to invest heavily in oil, gas, and petrochemical sectors. In...
Read more
Egypt: $7 billion pe...
Egypt: $7 billion petrochemical complex in New Alamein The activities of...
Read more
Libya: Oil and Gas S...
Libya: Oil and Gas Sector to Suffer Instability, Hindering Plans...
Read more
UAE: ADNOC to supply...
UAE: ADNOC to supply liquefied natural gas from Ruwais project to...
Read more
Oman: Signing of 10-...
Oman: Signing of 10-Year LNG Sale and Purchase Agreement Oman LNG has...
Read moreTraining
-
IEG: SUSTAINABLE WAS...
The Global Water Expo section of the Italian Exhibition Group exhibition is expanding and brings...
-
Egypt succeeds in co...
Egypt could obtain the sixth and final part of its $ 12 billion three-year loan program, which...
Articles
-
International variables cast a...
The International Energy Agency expected the global demand for oil to increase to about 102 million...
-
World Bank: Global debt to exc...
Reports from the World Bank and the International Finance Corporation indicate that the global debt...
-
IEG: ECOMONDO AND KEY ENERGY 2...
Over 80 live talk events on the calendars of Ecomondo and Key Energy, being held from 3rd to 6th...
-
In Italy, Ecomondo and Key Ene...
Rimini (Italy) 20th July 2020 – The potential for windpower in North Africa, the transition...
-
The dangers surrounding OPEC I...
During the first half of 2020, the world has suffered from three strong crises (one after the...
-
Overview of the LNG Latin Amer...
Natural gas is the purest and cleanest fossil fuel that exists, it generates fewer emissions than...
-
Chevron expects to restore pro...
After four and a half years, the Wafra oil field is set to resume production soon. Ed Colina,...
-
Basic Concepts of World Petrol...
Mohamed Hassan Salem Oil and Gas Economic Expert Head of “Middle East Center for Energy...
-
Oil and Gas Situation in Kuwa...
Oil and Gas Situation in Kuwait Mohamad Hassan Salem Chairman/ Middle East Center for Energy...
-
An Era of Energy Insecurity: T...
An Era of Energy Insecurity: The Global Oil Market in its New Geopolitical Context Dr. Pierre...
-
Deepwater Horizon oil rig expl...
Deepwater Horizon oil rig explosion Oil Spill from Macondo Well into the Gulf of Mexico A sign for...
Oil & Gas Prices of Today
| Crudes | $/B |
| Brent | 73.49 |
| WTI | 69.13 |
| OPEC Basket | 76.11 |
| Natural Gas | $/MMBTU |
| Natural Gas (Nymex) | 4.204 |
Primary Energy Resources (%)
|
(Share) |
(Share) |
|
| Oil | 33.0% | 31.2% |
| Gas | 24.2% | 24.7% |
| Coal | 27.0% | 27.2% |
| Nuclear | 4.3% | 4.3% |
| Hydro | 6.4% | 6.9% |
| Renewables | 5.0% | 5.7% |
| Total Resources | 100% | 100% |
Top 10 World Oil Reserves
| Countries | Oil (Billion bbl) | % of World total | R/P ratio (Years of lifetime) |
| Venezuela | 304 | 17.5 | * |
| S. Arabia | 298 | 17.2 | 69 |
| Canada | 168 | 9.7 | 82 |
| Iran | 158 | 9.1 | 121 |
| Iraq | 145 | 8.4 | 83 |
| Russian F. | 108 | 6.2 | 26 |
| Kuwait | 102 | 5.9 | 93 |
| UAE | 98 | 5.7 | 67 |
| USA | 69 | 4.0 | 11 |
| Libya | 48 | 2.8 | 108 |
Notes:
- - Proved reserves as of 1.1.2021 (BP Annual Statistical Review of 2021)
- - * more than 500 years
- - Reserves include gas condensates and NGL’s as well as crude oil
Top 10 World Gas Reserves
| Countries | N. Gas (Trillion CF) | % of World total | R/P ratio (Years of lifetime) |
| Russia fed. | 1321 | 19.88 | 56 |
| Iran | 1134 | 17.07 | 131 |
| Qatar | 871 | 13.11 | 139 |
| Turkmanstan | 480 | 6.71 | 309 |
| USA | 446 | 6.71 | 14 |
| China | 297 | 4.47 | 47 |
| Venezuela | 221 | 3.33 | 238 |
| Saudi Arabia | 213 | 3.20 | 53 |
| UAE | 210 | 3.16 | 95 |
| Nigeria | 193 | 2.91 | 109 |
| Iraq | 125 | 1.87 | - |
| Azribejan | 88 | 1.33 | - |
| Australia | 84 | 1.27 | - |
| Canada | 83 | 1.25 | - |
| Algeria | 81 | 1.21 | - |
| Kazakhistan | 80 | 1.20 | - |
| Egypt | 76 | 1.14 | - |
| kuwait | 60 | 0.09 | - |
| Norway | 51 | 0.08 | - |
| Libya | 51 | 0.08 | - |
Notes:
- - Proved reserves as of 1.1.2021
- - Source:BP Annual Statistical Review of 2021
