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LNG
Soaring LNG Demand Creates Traffic Jam at Gulf of Mexico Ports
Gulf Coast liquefaction facilities are operating near capacity thanks to strong demand.
LNG
Biden Administration Approves More LNG Exports to Europe
The Biden administration said on Wednesday it had authorized additional exports of liquefied natural gas from two major facilities on the U.S. Gulf Coast.
Crude Oil
Saudi Considering China’s Yuan for Oil Purchases
Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.
Crude Oil
Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons
Saudi Arabia, Qatar and UAE are all set to capitalise on the realignment of global energy and Europe's diversification of Russian energy supplies.
Hydrogen Production
A ‘Gigawatt-Scale’ Green Hydrogen Vision for the Texas Gulf Coast
A leading clean energy developer said it will explore developing a green hydrogen hub along the Texas Gulf Coast to support the decarbonization of heavy industr…
Hydrogen Project
Unseen Green Hydrogen Volumes Set to be Produced at Proposed Texas Gulf Coast Project
In the latest move to develop the state of Texas into a leading player in the world of hydrogen, plans have today (Feb 22) been unveiled for a gigawatt-scale gr…
Solar Power Plant
Oman Inaugurates 500MW Ibri 2 Solar Field
Some 1.5 million bifacial panels make up the power plant in Ad-Dhahirah governorate which was constructed in just 13 months by ACWA Power, the Gulf Investment C…
Wind Farm
Hitachi Energy to Provide Suez Grid Connection Solution
Hitachi Energy has signed an agreement with Vestas to deliver a grid integration solution to connect the 250 megawatt Gulf of Suez 1 wind farm in Egypt to the n…
South Korea
South Korean President Visits UAE, Showcasing Deep Ties
The president of South Korea has reached a preliminary multibillion-dollar deal to sell Seoul’s surface-to-air missiles to Abu Dhabi and pledged deeper coopera…
Oil Exploration
Eni Wins Five New Exploration Licences in Egypt
Italian oil and gas company Eni has been awarded five new exploration licences – located in the Eastern Mediterranean Sea, Western Desert, and Gulf of Suez – …
Crude Oil
Higher Crude Demand Supports India-Bound Suezmax Rates
Suezmax rates from the Mideast Gulf to the west coast of India have been rising on account of higher demand from Indian state-controlled refineries.
Wind Power Project
Lekela Starts Operation of 250-MW Wind Farm in Egypt
Lekela, an Africa-focused renewable energy company, has launched the commercial operation of a 250-MW wind park on the shores of the Gulf of Suez in Egypt which…
United States
More Gulf of Mexico Work for Seadrill Rigs
While working to emerge from Chapter 11, offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico and added about $0.…
CCS
Repsol Joins Forces with Cox Oil Subsidiary to Promote CCUS Projects in the US
Repsol has allied with Carbon-Zero, subsidiary of the company Cox Oil, to study the development of CCUS on the coast of the Gulf of Mexico in the United States,…
Oil & Gas Trade
Shell Resumes Oil Exports at Mars and Ursa in the Gulf of Mexico
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has safely and successfully re-started production at its Mars and Ursa platforms in the US Gulf of M…
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