Oman’s Ministry of Energy and Minerals has signed an agreement with Oman Shell to explore opportunities for the production of Liquefied Synthetic Gas (LSG) in the Sultanate of Oman. LSG is produced when green hydrogen is combined with captured carbon dioxide to produce natural gas which is then liquefied. This low-carbon gas can be directly […]
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ADNOC’s giant gas unit begins operations
ADNOC Gas will serve a wider range of domestic and international customers with an expanding portfolio of gas products
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QatarEnergy progresses construction work on $10 billion LNG export facility
QatarEnergy and its partner ExxonMobil are making progress on the construction of their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas, to launch the facility in 2024. Once complete, the giant facility located next to the existing LNG import terminal in Sabine Pass will have three trains and a […]
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Samsung Engineering JV secures EPC contract for Qatar’s Ras Laffan project
Once completed, the ethylene plant will be one of the largest in the world by capacity
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QatarEnergy, Chevron sign deal for $6 billion project
QatarEnergy also announced EPC contracts for the project
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Sheikh vs shale: Saudis won’t let oil stay at $75, shale chief claims
OPEC is likely to cut oil production again, CEO of US shale giant Pioneer Natural Resources said at a recent conference. “Saudi [Arabia] is not going to let Brent stay around $75 a barrel,” Scott Sheffield said, adding that it wouldn’t surprise him “if they had another cut.” Sheffield believes that oil futures will stay in backwardation […]
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Iraq’s oil revenues top $115 billion, ministry says
Iraq’s oil revenues in 2022 exceeded $115 billion, figures announced by the oil ministry on Tuesday, showed. “The total revenue from the export of crude oil for the year 2022 amounts to more than US$115 billion,” Minister for Oil Hayan Abdel-Ghani said in a statement. The country exported more than 1.2 billion barrels in 2022, […]
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