- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
- Libya to target producing 1.4 million b/d by end 2024
- TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
- 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
- Egypt to stop exporting LNG starting from the beginning of May 2024
- 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
Israeli natural gas requires patience
Australian energy company Woodside Petroleum said it was “prepared to be patient” with the Leviathan natural gas field as Israel mulls its export policies.
Woodside in December agreed to pay more than $1.2 billion in total compensation to take a 30 % stake in the Leviathan natural gas field.
An Israeli court is assessing Israel’s natural gas policies to determine how much should be reserved for domestic use and how much should be exported.
Woodside Chief Executive Officer Peter Coleman said the company hopes to get clarity regarding its investment decisions once the court makes a decision later this year.
