Posted inEventsThe Middle East Energy Awards

Nominate yourself for the Digital Enabler of the Year at the Middle East Energy Awards

Nominate yourself for the Digital Enabler of the Year at the Middle East Energy Awards

The Middle East Energy Awards are set to take place on 24 November in the UAE as a physical event. We’ve been overwhelmed by the positive response from the industry, with nominations pouring in, and so we’re giving everyone another week to get their nominations in. Nominations will close on 14 October. The awards event […]

Posted inProducts & Services

P&O Maritime Logistics completes project supporting Tengiz oilfield development

Over a total of 200,000MT of cargo carried through Russian Inland Water System to Tengiz field

P&O Maritime Logistics, a Dubai-based marine solutions and logistics company, has completed a three-year long project supporting the development of the Tengiz field in Kazakhstan, one of the world’s six largest oil fields, an entire season ahead of schedule. In 2016, P&O Maritime Logistics entered a consortium with Blue Water Shipping to provide a unique […]

Posted inThe Middle East Energy AwardsEvents

Nominate yourself for the Clean Energy Initiative of the Year at the Middle East Energy Awards

Nominations will close on Oct 14, so don’t wait!

The Middle East Energy Awards are set to take place on 24 November in the UAE as a physical event. We’ve been overwhelmed by the positive response from the industry, with nominations pouring in, and so we’re giving everyone another week to get their nominations in. Nominations will close on 14 October. The awards event […]

Posted inExploration & Production

Oil fluctuates on market tightness and trader concerns

Oil prices are fluctuating on Wednesday, with the projected market tightness driving them to new multi-year highs in the morning. Later in the day, API projections that crude stocks rose in the US spread concerns over the speed of the rally, with prices being trimmed back

Oil prices are currently that high that they carry quite some risk for traders, with today’s wild fluctuation illustrating their fragility and vulnerability to market developments. As Monday’s OPEC+ policy decision does not relieve the market tightness further in coming months, oil prices continued their stunning rally this morning. Despite the bullish morning, the API […]

Posted inExploration & ProductionDRILLING & PRODUCTION

Dana Gas KRI and Egypt collections reached $256 million since start-2021

Dana Gas, which owns a 35% interest in Pearl Petroleum, saw its share of collections from sales of condensate, LPG and gas in the KRI jump 77% to $131 million

Dana Gas’s 9M 2021 collections from the Kurdistan Region of Iraq (KRI) and Egypt have increased 102% year-on-year to $256 million (AED 938mm) from $127 million (AED 466mm) in the same period the previous year. Dana Gas, which owns a 35% interest in Pearl Petroleum, saw its share of collections from sales of condensate, LPG […]

Posted inThe Middle East Energy AwardsEvents

Nominate yourself for the Upstream Project of the Year at the Middle East Energy Awards

Nominations will close on 14 October!

The Middle East Energy Awards are set to take place on 24 November in the UAE as a physical event. We’ve been overwhelmed by the positive response from the industry, with nominations pouring in, and so we’re giving everyone another week to get their nominations in. Nominations will close on 14 October. The awards event […]

Posted inThe Middle East Energy AwardsEvents

Nominate yourself for the Technology Provider of the Year at the Middle East Energy Awards

Nominations will close on 14 October!

The Middle East Energy Awards are set to take place on 24 November in the UAE as a physical event. We’ve been overwhelmed by the positive response from the industry, with nominations pouring in, and so we’re giving everyone another week to get their nominations in. Nominations will close on 14 October. The awards event […]

Posted inThe Middle East Energy AwardsEvents

Nominate yourself for the Downstream Project of the Year at the Middle East Energy Awards

Nominations will close on 14 October!

The Middle East Energy Awards are set to take place on 24 November in the UAE as a physical event. We’ve been overwhelmed by the positive response from the industry, with nominations pouring in, and so we’re giving everyone another week to get their nominations in. Nominations will close on 14 October. The awards event […]

Posted inExploration & Production

Oil prices continue to gain after OPEC+ meeting left supply plan unchanged

Oil prices continued to rise on Tuesday, a day after the OPEC+ meeting kept its supply comeback plan unchanged, with traders pricing in further the tight market conditions.

The confirmation that OPEC+ would keep a cap on supply, instead of feeding the market with even more product and bringing it towards a closer equilibrium, drove traders into a buying frenzy for front-month Brent contracts, as the decision guarantees a tight supply picture in November and December. Is the growing oil price becoming an […]

Posted inThe Middle East Energy AwardsEvents

Nominate yourself for Young Energy Professional of the Year at the Middle East Energy Awards

Nominations will close on 14 October!

The Middle East Energy Awards are set to take place on 24 November in the UAE as a physical event. We’ve been overwhelmed by the positive response from the industry, with nominations pouring in, and so we’re giving everyone another week to get their nominations in. Nominations will close on 14 October. The awards event […]

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