QatarEnergy will supply one million tons per annum of LNG to China
QatarEnergy announced Wednesday that it had entered into a long-term liquefied natural gas (LNG) agreement with S&T International Natural Gas Trading Company Limited (S&T). The agreement will see QatarEnergy’s LNG producing affiliate, Qatar Liquified Gas Company Limited, supply one million tons per annum of LNG to China over a 15-year period starting in late-2022. “We […]
Construction is due to start on the facility imminently, with production expected to begin by Q3 2022
Saudi Arabian energy giant Aramco and Indian conglomerate Larsen & Toubro (L&T) announced Tuesday that the two firms would work to develop manufacturing capabilities in the Kingdom. The two companies signed a Memorandum of Understanding outlining how the collaboration would take place, with L&T’s efforts to establish the region’s first Heavy Wall Pressure Vessels facility […]
Europe is going into the winter with gas inventories at the lowest level in nearly a decade
Global natural gas prices are set for another year of volatility, following 18 months of swings from record lows to record highs. As natural gas demand started to rebound this summer amid depleted stocks in Asia and Europe following a long and cold winter, prices skyrocketed in the autumn to record highs. This forced gas-intensive […]
The UAE is home to a large amount of potential solar power, which means that the potential for producing green, renewable hydrogen, is particularly high
The UAE has the capability to become an exporter of renewable hydrogen to Europe in the future, according to a top EU official. The UAE is home to a large amount of potential solar power, which means that the potential for producing green, renewable hydrogen, is particularly high. “What is important for us, in addition […]
Saudi Arabia, the world’s largest oil exporter, announced Sunday it would raise the price of crude oil by 80 cents up in January from the previous month.
Oil prices were up Monday to over $71 a barrel following an announcement that Saudi Arabia would increase the price of crude, signalling confidence in demand despite the spread of the omicron variant of Covid-19. Brent crude gained 2.1 percent to $71.35 per barrel, while West Texas Intermediate increased 2.35 percent to $67.82 per barrel […]
The agreements were signed at an event held in Jeddah.
Saudi Arabian energy giant Aramco announced Saturday that it had signed five agreements with French companies on a variety of projects. The agreements included an announcement between Aramco and French renewable energy technology firm Gaussin to establish a modern manufacturing facility in Saudi Arabia focused on on-road and off-road hydrogen powered vehicles. In a statement, […]
Both conferences covered the same ground, but a conundrum sits at the heart of sustainability debate
On the face of it, COP26 in Glasgow and ADIPEC in Abu Dhabi were two very different forums. The first, a global summit to combat climate change with a strong undercurrent of environmentalist protest; the second, the biggest gathering in the world of the oil and gas firms deemed responsible by many for global warming. […]
The field will make Saudi Arabia one of the world’s largest natural gas producers.
Saudi Arabian energy giant Saudi Aramco announced Tuesday that it would start the development of the Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom. In addition, Aramco announced that it had awarded subsurface and engineering, procurement, and construction (EPC) contracts worth $10 billion. The capital expenditure of the Jafurah field is […]
Low salary ranked as the number one reason why workers in the region said they want to leave.
Nearly half of all energy workers in the Middle East are debating leaving the industry within the next five years, new research revealed. The global oil and gas industry has been upended over the past couple of years due to demand and supply issues caused by the Covid-19 pandemic. Now, issues may continue to plague […]
The only way to reduce emissions is with effective measurements, according to experts.
Making good use of the cloud-based technology and solutions will be an important tool for the energy industry as the sector continues to look for more ways to decarbonise and promote sustainability, experts told Oil & Gas Middle East. Sustainability has been a hot topic in the energy industry, with firms looking to promote the […]
