- Algeria allocates $3.5 billion to support exploration and to increase the size of hydrocarbon reserves
- Qatar Energy to add another 2 gigawatts to its installed solar capacity
- Indian Oil Corporation signs second agreement with Ruwais LNG
- The Iraqi government is unable to reduce production from Iraqi Kurdistan to be in line with OPEC+ decisions
- Saudi Arabia's oil export revenues to fall in 2024 due to repeated voluntary production cuts
- ASRY Awarded 2024 RoSPA Gold Medal in Health and Safety
- BP ponders shifting focus away from renewables, say sources
- QatarEnergy enters 10-year naphtha supply agreement with Japan’s ENEOS Corporation
- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
Countries
ASRY Awarded 2024 RoSPA Gold Medal in Health and Safety
The Arab Shipbuilding and Repair Yard Company (ASRY) has recently celebrated receiving a Gold Health and Safety Award from the Royal Society for the Prevention of Accidents (RoSPA). This came in...
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BP ponders shifting focus away from renewables, say sources
BP’s CEO Murray Auchincloss has reportedly initiated a hiring freeze and suspended offshore wind projects, according to sources at the company, as he places focus on oil and gas to boost revenues....
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QatarEnergy enters 10-year naphtha supply agreement with Japan’s ENEOS Corporation
QatarEnergy enters 10-year naphtha supply agreement with Japan’s ENEOS Corporation QatarEnergy has entered into a long-term agreement to supply ENEOS Corporation, a prominent refining...
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The International Energy Agency expects oil demand growth to slow in 2024
The International Energy Agency (based in Paris) estimates that global oil production will increase during 2024 by about 770 thousand barrels per day, primarily due to an increase in supplies from...
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The International Monetary Fund re-selects Kristalina Georgieva as its director
The Executive Board of the International Monetary Fund has selected Ms. Kristalina Georgieva to fill the position of Director General, for a second five-year term beginning on October 1, 2024. The...
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Libya to target producing 1.4 million b/d by end 2024
In an interview with Sky News Arabia, the Libyan acting Minister of Oil and Gas, Khalifa Abdel-Sadiq, said that his country aims to increase its oil production from 1.2 million b/d currently to 1.4...
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TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
During a visit in Muscat on 21st April 2024 Patrick Pouyanné, Chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Said and His Excellency Eng. Salim bin Nasser Al...
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H.E. Minister Al-Kaabi: Demand for oil and gas will continue for long; we have to be responsible, and Qatar is doing its part
DOHA, Qatar • 28 April 2024 – His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, took part in the World Economic Forum’s...
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Egypt to stop exporting LNG starting from the beginning of May 2024
In 2018, Egypt largely stopped importing liquefied natural gas, and has transformed from a net importer of gas to an exporter of it since late 2018, thanks to the rapid growth in gas supplies,...
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QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
QatarEnergy announced that it has selected Qatar Gas Transport Company Limited (Nakilat) to be the owner and operator of up to 25 conventional-size LNG carriers pursuant to Time Charter Parties (TCP)...
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