Ahead of the World Cup, demand for oil and gas jobs, especially petroleum engineers remains high
Author Archives: Faiza Rizvi
COP 27: UAE, Jordan and Israel sign solar energy deal
The three countries will continue to develop plans for COP 28, which will be hosted by the UAE
Eni, Sonatrach begin fast-track production at Algerian field
Italian major Eni announced yesterday the start-up of the HDLE/HDLS oil field in in the Berkine North Basin onshore Algeria, only six months after its discovery in March. HDLE/HDLS is currently producing 10,000 b/d. Production ramp up will be achieved through an accelerated development plan which envisages the drilling of new wells in 2023. According […]
India will continue to buy Russian oil as both countries expand trade ties
India will continue buying Russian oil because it benefits the country, Reuters reported India’s foreign minister as saying after meeting his Russian counterpart for the fifth time this year on Tuesday, adding that the two countries were expanding their trade ties. Subrahmanyam Jaishankar is visiting Moscow for the first time since the Russia-Ukraine war began […]
What happened to output cuts? OPEC ends up boosting crude production, survey shows
Even though OPEC+ had pledged to cut output by 100,000 b/d in October, the alliance hiked production by 220,000 b/d instead, as several members recovered lost barrels by outages and maintenance, a survey by S&P Global Commodity Insights reported. Sharp production increases from Kazakhstan, Russia and Iraq were offset by losses in Saudi Arabia and […]
Wildly diverging paths ahead for oil and gas markets
With an expected demand surge in China, COP27 in Egypt, and the next OPEC meeting in December, the near-term uncertainty of oil and gas markets makes it incredibly difficult to think further out
COP 27: Kuwait pledges carbon neutrality in oil and gas by 2050
Foreign Minister Salem al-Sabah said carbon-neutrality is “a solid serious pledge” for the OPEC producer
‘Highway to climate hell’: UN chief calls for coal phase-out at COP 27
“We are on a highway to climate hell with our foot still on the accelerator,” Guterres said
APICORP to set up $75 million Islamic facility for carbon offsets
Debut Islamic transaction will fund high-quality carbon offsets to support the global energy transition
COP 27: UAE to continue supplying oil and gas to the world
The UAE is a responsible energy supplier and will continue to play this role as long as the world needs oil and gas, its president said at the opening of the UN Climate Change Conference on Nov. 7. “The UAE is a known as a responsible supplier of energy and will continue to play this […]