- Saudi Energy Minister Says OPEC+ Meeting’s Outcome a ‘Turning Point’
- Libya nears final stage of oil exploration bid round, NOC says
- UAE President Chairs ADNOC Board of Directors Meeting at Habshan Complex
- Trump sees $270 billion in agreements at U.S.-Saudi investment conference
- Eni plans $8 billion in new investments in Egypt over five years, CEO tells El-Sisi
- Al-Ghais: Oil Will Maintain 30% Share of Global Energy Mix Until 2050
- Kuwait Announces Discovery of New Offshore Natural Gas Field
- Algeria Appoints New Head of Sonatrach to Keep Pace with Energy Transformations
- The UAE Launches World’s Largest Combined Solar and Battery Storage Project
- QatarEnergy acquires new exploration interest offshore Egypt
News
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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Novatek turning to export agencies for USD 5 bln for Yamal LNG
Russia’s largest independent gas producer Novatek, which is operating the Yamal LNG project, is looking to secure funds from global export credit agencies in the amount of $5 billion. According to...
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Qatargas hits 5000th LNG cargo milestone
World’s largest LNG producer Qatargas said it has reached a milestone with the 5000th cargo from the Common LNG Storage and Loading Asset in Ras Laffan Industrial City recently loaded on board the...
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Dubai could expand LNG terminal’s capacity
Talking to The National, the minister said that in the future Dubai will increase the amount of LNG or capacity to import in order to provide flexibility to power generation. Dubai is looking for...
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API: old policies limiting US LNG exports
A new federal report on barriers to “made-in-America exports” fails to consider restrictions on LNG and 1970s-era limits on U.S. crude oil, said API. The U.S. Trade Representative says that...
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GE, ADGAS sign service agreement
GE Oil & Gas said it has signed a long-term service agreement with ADGAS, the Abu Dhabi-based LNG and LPG producer, to further strengthen plant productivity and maximize reliability and...
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