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Natural Gas
Totalenergies and the Iraqi Government Make Plans to Move Forward With Gas Growth Integrated Project
While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, through exchanges in the pa…
Market Analysis
GECF Unveils 4th Annual Gas Market Report
Doha, QATAR – 5 April 2023: The Gas Exporting Countries Forum (GECF) is pleased to announce the launch of the fourth edition of its Annual Gas Market Report (A…
Energy Investment
Expending Business in Romania Oil Dynamics Wins Tender With OWV Petrom
OMV Petrom SA and Oil Dynamics GmbH have recently signed a five-year supply and service agreement for the provision of Electric Submersible Progressive Cavity P…
Oil&Gas Drilling
2nd Asset Integrity Management Conference
We are thrilled to announce that the 2nd Asset Integrity Management Conference - Qatar will be hosted by Cogent Event Management Solutions on May 23-24, 2023 in…
Oil Exploration
Fresh Batch of Offshore Contracts Brings Saipem $650 Million
Italian oilfield services provider Saipem has been awarded three new offshore engineering, procurement, construction and installation (EPCI) contracts and two f…
LNG
BAKER HUGHES RECEIVES MAJOR LNG ORDER FROM QATARENERGY
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors (MRCs) fo…
Natural Gas
ACCC No Longer Forecasts Gas Supply Shortfall
The east coast gas market should see sufficient gas supply for 2023, as the latest report from the Australian Competition and Consumer Commission (ACCC) indicat…
Oil Pipeline
Sri Lanka & India in Talks for an Oil Pipeline From India to Trincomalee Port
Sri Lanka's President, Ranil Wickremesinghe, on Tuesday, March 28, disclosed that his government is in discussions with India to construct an oil pipeline t…
Natural Gas
IEC Eyes Maiden Gas Field Development in Indonesia
New York-listed upstream independent Indonesia Energy Corporation (IEC) is negotiating an extension for its producing Kruh block onshore Sumatra, Indonesia, whe…
Crude Oil
Surprise Move: OPEC+ Announces Deep Production Cuts to Stabilise Crude Markets
Together with Russia’s announced production cuts, Opec+ move spells output cuts of 1.6 million barrels per daySaudi Arabia, the United Arab Emirates (UAE)…
Oil & Gas Trade
EU to Maintain Russian Oil Price Cap at $60
The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to pet…
LNG
GTT Entrusted by Hyundai Samho Heavy Industries With the Tank Design of Three New LNG Carriers
GTT has announced that it has received an order from its partner the Korean shipyard Hyundai Samho Heavy Industries for the tank design of three new LNG carrier…
Oil Price
UAE Petrol and Diesel Prices to Decrease in April
Petrol prices have dropped for a second time this year. Victor Besa / The NationalThe prices of petrol and diesel in the UAE will fall in April, it has been ann…
Oil & Gas Trade
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap…
Oil & Gas Trade
Saudi Arabia, UAE and Allies Announce Surprise Oil Production Cuts
Saudi Aramco's Ras Tanura oil refinery and oil terminal. Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait and Algeria have agreed to voluntary oil producti…
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