(KAPSARC, 21.Nov.2022) — In a June 29, 2022, communique, the G7 countries agreed to explore ways to impose a price cap on Russian oil exports. The main mechanism would be...
(QatarEnergy, 21.Nov.2022) — QatarEnergy entered into a 27-year Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per annum (MTPA)...
(KAPSARC, 21.Nov.2022) — Highlights from KAPSARC's fourth quarter of 2022 Oil Market Outlook (KOMO) follow. Declining gross domestic product (GDP) growth in Q4 2022 will add downward pressure to the...
(Forbes, 18.Nov.2022) — With oil production at 11 million bpd (barrels per day) Saudi Arabia is the second top oil producer – a country of population only 35 million. The...
(QatarEnergy, 16.Nov.2022) — QatarEnergy and Chevron Phillips Chemical Company LLC (CPChem) announced that they have taken a Final Investment Decision (FID) on the Golden Triangle Polymers Plant, an $8.5bn world-scale...
(Qatargas, 16.Nov.2022) — Marking a historic milestone for the State of Qatar's energy industry, QatarEnergy and Qatargas celebrated the safe and successful loading of the 30,000th Ship from Qatargas-operated terminals in...
(KAPSARC, 25.Oct.2022) — Renewable energy costs will not be cheaper anytime soon, cautioned Fahad Alajlan, President of Riyadh-based advisory think tank, the King Abdullah Petroleum Studies and Research Center (KAPSARC), at...
(QatarEnergy, 18.Oct.2022) —The Al Kharsaah solar power plant developed by TotalEnergies and its partners QatarEnergy, and Marubeni was inaugurated today by His Highness Sheikh Tamim bin Hamad Al Thani. The...
(Xinhua, 17.Oct.2022) — Iranian Petroleum Minister Javad Owji said on Sunday that Iran has started refining its crude oil in Venezuela, SHANA news agency affiliated to his ministry reported. Iran...
(Qatargas, 16.Oct.2022) — Qatargas Operating Company Limited has delivered a liquefied natural gas (LNG) cargo aboard a Q-Flex vessel to China's Beihai LNG Terminal, the first ever call by a...
(Energy Analytics Institute, 12.Oct.2022) — The Organization of Petroleum Exporting Countries (OPEC) now forecasts oil demand to dip below 100 million barrels per day (MMb/d) in 2022 owing a lower...
(TotalEnergies, 16.Sep.2022) — TotalEnergies, along with its partners, has signed an Exploration and Production Sharing Agreement (EPSA) with the Ministry of Energy and Minerals (MEM) of the Sultanate of Oman...
(TotalEnergies, 15.Sep.2022) — TotalEnergies completed the divestment of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq, to ShaMaran Petroleum Corp., a company listed...
(Eni, 12.Sep.2022) — His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Abu Dhabi National Oil Company (ADNOC) Managing Director and Group CEO, and...
(Air Products, 25.Aug.2022) — Air Products (NYSE: APD), a leader in liquefied natural gas (LNG) technology and equipment, has been awarded the contract to supply four end flash coil wound heat exchangers (CWHE)...
(Bloomberg, 24.Aug.2022) — OPEC’s united front on possible action grew stronger, as more nations endorsed Saudi Arabia’s view that supply curbs may be needed to stabilize world oil markets. Within...
(Energy Analytics Institute, 22.Aug.2022) — Research Lead Hamid M. Al Sadoon and and Research Fellow Julio Arboleda with the King Abdullah Petroleum Studies and Research Center (KAPSARC) recently wrote in...
(Eni, 22.Aug.2022) — Eni announces a significant gas discovery in the Cronos-1 well drilled in Block 6, 160 km off Cyprus coastline, in 2,287 meters of water depth. The Block...
(TotalEnergies, 22.Aug.2022) — TotalEnergies and Eni (operator) have made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery made on...
(Tethys Oil, 12.Aug.2022) — Tethys Oil AB’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman, in July 2022 amounted to 298,937 barrels of...
(McDermott, 10.Aug.2022) — McDermott International has been awarded a Front-End Engineering Design (FEED) contract by QatarEnergy for the North Field South (NFS) Offshore Pipelines and Power/FO cables Project. The new...
(H2Pro, 2.Aug.2022) — H2Pro and Doral Energy announce the signing of a strategic purchase agreement. Doral, as a global renewable energy developer, with 15 GW of renewable assets under development,...
(The White House, 15.Jul.2022) — What follows are remarks from a joint press statement by US President Joe Biden and President Abbas of the Palestinian National Authority. PRESIDENT ABBAS: (As...
(The White House, 15.2022) — The following are remarks by US President Joe Biden made at an East Jerusalem Hospital network event. THE PRESIDENT: My name is Joe Biden. I...
(Energy Analytics Institute, 14.Jul.2022) — Energy briefs including US President Joe Biden continues meeting with world leaders in the Middle East as part of his tour of the region; and...
(The White House, 13.Jul.2022) — The following details come from The White House briefing room regarding a background press call previewing day two of the US President Joe Biden’s trip...
(CMC, 10.Jul.2022) — The President of Guyana, Dr Mohamed Irfaan Ali, has extended an open invitation to investors of the Kingdom of Saudi Arabia, to ‘invest now’, promising that Guyana...
(Energy Analytics Institute, 9.Jul.2022) — Energy briefs including Guyana officials speaking during the opening ceremony for the Saudi Arabia - Guyana Investment Engagement at the Arthur Chung Convention Centre. LATIN...
(Energy Analytics Institute, 9.Jul.2022) — Guyana’s President Dr Mohamed Irfaan Ali told a delegation of over 60 representatives from the Kingdom of Saudi Arabia, including Deputy Minister for Investors Outreach,...
(QatarEnergy, 5.Jul.2022) — QatarEnergy announced the selection of Shell plc. as partner in the North Field East (NFE) expansion project, the single largest project in the history of the LNG...
(Shell, 5.Jul.2022) — Shell has been selected by QatarEnergy as a partner in the North Field East expansion project in Qatar, the single largest project in the history of the...
(KAPSARC, 29.Jun.2022) — Global oil demand is projected to record a 1.9% quarter-on-quarter growth averaging 100.6 million barrels per day by the end of the third quarter this year, surpassing...
(QatarEnergy, 27.Jun.2022) — QatarEnergy has joined the Aiming for Zero Methane Emissions Initiative, an industry-led initiative that aims to reach near zero methane emissions from operated oil and gas assets...
(QatarEnergy, 21.Jun.2022) — QatarEnergy announced that it has selected ExxonMobil as a partner in the North Field East (NFE) expansion project, the single largest project in the history of the...
(Exxon, 21.Jun.2022) — ExxonMobil and QatarEnergy signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million tons to 110...
(QatarEnergy, 20.Jun.2022) — QatarEnergy announced that it has selected ConocoPhillips as a partner in the North Field East (NFE) expansion project, the single largest project in the history of the...
(QatarEnergy, 19.Jun.2022) — QatarEnergy announced that it has selected Eni as a partner in the North Field East (NFE) expansion project, the single largest project in the history of the...
(Eni, 19.Jun.2022) — Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project. The Minister of State for Energy Affairs, President...
(QatarEnergy, 12.Jun.2022) — QatarEnergy has selected TotalEnergies as its first international partner in the North Field East (NFE) expansion project, the single largest project in the history of the LNG...
(Reuters, 8.Jun.2022) — Italian producer Eni (ENI.MI) has been picked, along with another four oil majors, by Qatar as partners in the near $30 billion expansion of the world's largest liquefied natural gas (LNG) project, people with...
(QatarEnergy, 8.Jun.2022) — QatarEnergy and Chevron Phillips Chemical Company (CPChem) have announced awarding the early site works contract for the Ras Laffan Petrochemical Project (RLPP), marking the commencement of execution...
(Qatargas, 1.Jun.2022) — In 1971, when exploration engineers discovered natural gas off Qatar's northeast coast, no one knew quite how important the find was. Only after 15 appraisal wells had...
(UAE Embassy, 10.May.2022) — His Excellency Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry & Advanced Technology and Special Envoy for Climate Change, began a visit to the United States to...
(Reuters, 6.May.2022) — Venezuela's oil exports fell 8% in April from the previous month amid continued delays linked to poor-quality crude grades and insufficient oil upgrading capacity available, according to...
(AFP, 3.May.2022) — Iran's oil minister has paid an official visit to ally Venezuela to meet President Nicolas Maduro and discuss ways to "overcome" the effects of US sanctions against...
(Energy Analytics Institute, 2.May.2022) — Venezuela’s Oil Minister Tareck El Aissami held a working meeting in Caracas with his Iranian counterpart Javad Owji to discuss deepening bilateral cooperation mechanisms between...
(QatarEnergy, 28.Apr.2022) — Marking the final major milestone to deliver its North Field East (NFE) LNG Expansion Project to boost Qatar’s LNG production capacity to 110 million tons per annum...
(Energy Analytics Institute, 25.Apr.2022) — Energy briefs including Venezuela reportedly receiving 185,000 barrels of 29-degree API petroleum from Iran; Pemex plans to host a conference call on 2 May 2022...
(Saipem, 5.Apr.2022) — Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of over $400mn. Two contracts have...
(Energy Analytics Institute, 4.Apr.2022) — Energy briefs including ExxonMobil, Hess and CNOOC taking a final investment decision (FID) for their fourth development offshore Guyana called Yellowtail, cos.’ biggest yet w/...
(KAPSARC, 4.Apr.2022) — According to a new study on "The Economics and Resource Potential of Hydrogen Production in Saudi Arabia" by the King Abdullah Petroleum Studies and Research Center (KAPSARC),...
(QatarEnergy, 29.Mar.2022) — QatarEnergy entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt. Under the terms of the agreement, which is subject...
(Politico, 7.Mar.2022) — The White House on Monday pushed back on concerns about the Biden administration’s willingness to cut deals with countries like Saudi Arabia, Iran and Venezuela as it...
(Energy Analytics Institute, 1.Mar.2022) — Energy briefs including Venezuela’s President Nicolás Maduro chatting over the telephone with his Russian counterpart Vladimir Putin; Invenergy naming Mary King as Executive VP People &...
(Al Jazeera, 23.Feb.2022) — Qatar and Iran have signed 14 agreements during President Ebrahim Raisi’s two-day trip to Doha this week. Raisi was accompanied by oil minister Javad Owji and...
(Office of the PM of Trinidad and Tobago, 22.Feb.2022) — Trinidad and Tobago’s Prime Minister Keith Rowley addressed the Sixth Summit of Heads of State and Government of the Gas...
(MEEI, 21.Feb.2022) — The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P, attended the Extraordinary Ministerial Meeting...
(Energy Analytics Institute, 21.Feb.2022) — Energy briefs including TotalEnergies and APA Corp. reporting another significant find offshore Suriname in Block 58; APA Corp. announcing 4Q:21 financial results and planning a...
(Reuters, 31.Jan.2022) — An Iranian supertanker carrying about 2 million barrels of condensate this week began discharging at Venezuelan state-run oil company PDVSA's main oil port, according to a company...
(Energy Analytics Institute, 26.Dec.2021) — Energy briefs including Venezuela’s President Nicolas Maduro talking in a special interview w/ Arab media house Al Mayadeen broadcast on Venezuelan national TV; Venezuela’s GDP...
(Sempra, 21.Dec.2021) — Sempra (NYSE: SRE) (BMV: SRE) entered into a definitive agreement to sell a non-controlling 10% interest in Sempra Infrastructure Partners to a subsidiary of the Abu Dhabi Investment...
(Energy Analytics Institute, 30.Nov.2021) — Energy briefs including Argentina revealing plans for a tender for the start of the process for the construction of the first stage of the Néstor...
(GEP Events, 15.Nov.2021) — The 6th Lebanon International Oil & Gas Summit features a wealth of content for strategically minded companies, seeking a full solution event. Lebanon’s petroleum sector is...
(FGH, 23.Oct.2021) — The UK’s Prince of Wales has addressed the Saudi Green Initiative Forum in Riyadh, highlighting the “dangerously narrow” window for green recovery while praising the Kingdom’s commitment...
(Energy Analytics Institute, 21.Oct.2021) — Energy briefs including details of Guyana’s President Irfaan Ali courting investors in the UAE; the repercussions in Caracas from the extradition of Alex Saab to...
(DPI, 4.Oct.2021) — The Guyana Pavilion at the greatest international mega event – Expo 2020 Dubai – has seen scores of people from across the globe already showing their interest...
(Bloomberg, 24.Aug.2021) — Oil stored in ships has been stacking up off key Asian ports as a crackdown in China on private crude oil processors has blunted purchases and disrupted...
(Argus, 27.Jul.2021) — Global energy and commodity price reporting agency Argus has launched 10 new freight price assessments for tankers transporting liquefied petroleum gas (LPG). These prices are a response...
(Reuters, 22.Jul.2021) — A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington...
(US Department of Commerce, 20.May.2021) — Significant opportunities exist in Qatar for US companies offering products and services in LNG production. Qatar is the largest global exporter of liquefied natural...
(Saipem, 17.May.2021) — Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 and 10 years, respectively, and...
(Platts, 9.Feb.2021) — Emboldened by the change in US presidency, Iran is pushing more oil onto the market, even as sanctions remain in place, as it looks ahead to a...
(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance institution has approved more than...
(Energy Analytics Institute, 11.Jan.2021) — OPEC’s voluntary crude oil production levels for the months of January, February, and March. OPEC_Voluntary-Production-LevelsDownload __________ By Ian Silverman. © Energy Analytics Institute (EAI). All...
(MEHR, 10.Jan.2021) — Tankertrackers reported that the Iranian oil and gasoline tankers have reached near Syria and Venezuela. According to Tankertrackers, an Iranian tanker carrying two million barrels of crude...