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EGAS has been active in the past year; the company recently signed nine agreements worth $981 million to explore natural gas and drill 18 exploration wells. With major gas resources in the country, it has attracted the interest of major international oil companies. In January 2021, TotalEnergies signed a deal with EGAS for exploration and […]

Kuwait Foreign Petroleum Exploration Company, a subsidiary of Kuwait Petroleum Company which operates outside of the nation, in February 2021 revealed that it made its largest ever gas discovery offshore Malaysia. Kuwait has big plans for expansion, but they seem to have been put on hold as KPC cut its oil sector spending by $2.3 […]

While Mubadala is increasingly focusing outside of the energy sector, with record investments of $29.4 billion in 2020 in areas including technology, life sciences and consumer goods, it is joining the nation’s energy ministry, ADNOC, and ADQ in creating a hydrogen alliance to boost the production and use of this fuel in the UAE, with […]

While Shell performed well in Q1 2021, the company was ordered by a Dutch court to cut its emissions by 45% by 2030, compared to 2019 levels. The lawsuit was filed in April 2019 by seven activist groups, and although we have noted Shell’s moves towards a cleaner energy mix in the past and its […]

Saad Sherida Al-Kaabi has big plans to grow Qatar Petroleum. He signed a deal in February 2021 for the first phase of the North Field LNG expansion, which could boost the nation’s LNG output by 40% to 110 million tonnes a year by 2026. The project is worth a total of $28.7 billion, and QP […]

Bernard Looney has certainly made a strong impression during his first year as the CEO of BP, leading the pack in the ongoing trend of oil majors seeking to move towards clean energy and actively contribute to the energy transition. The company has already set an ambitious net zero target, sold off its petrochemicals business, […]

Saudi Aramco has focused on boosts to business in the past year, including a partnership with stc to launch Dammam 7, a supercomputer among the top ten most powerful globally. The supercomputer is designed to push forth exploration and production using sophisticated imaging and deep-learning algorithms. The company is also vocal about the energy transition, […]