Gas

Crude Oil

UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub

The first of these developments - announced by UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister o…

Crude Oil

OPEC Is Betting Big On Robust Oil Demand Recovery

Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day by July relies on expectations of robust oil dem…

Oil & Gas Trade

Oman Oil Exports Stage Strong Rebound in March

Oman's oil exports rebounded from a 19-month low in February to average 776,000 b/d in March, according to energy ministry data.

Combined cycle power plant

ACWA Power Secures Funding for $1bn CCGT Plant in Uzbekistan

Renewable energy developer ACWA Power has closed a deal with seven international lenders for the provision of funding to develop a 1,500MW Combined Cycle Gas-Tu…

Combined cycle power plant

Thailand’s First M701JAC Turbine Begins Operations at CCGT Plant

The first M701JAC series gas turbine in southeast Asia has gone into commercial operation as part of a new gas-fired power plant in Thailand.

Hydrogen Fuel Cell Vehicle

KOGAS Developing Hydrogen Bus Charging Stations in UAE

The state-run Korea Gas Technology Corp. has been selected by the Ministry of Land, Infrastructure and Transport to lead a project on the development of infrast…

Gas Turbine

Siemens Energy Signs Long-Term Service Contract with Aramco

Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields.

Oil & Gas Supply

OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision

A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …

Oil & Gas Supply

U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy

The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…

Crude Oil

OPEC Meeting: Saudis Look To Unwind Unilateral Output Cuts

Oil prices gave up earlier gains and turned lower as of 11:39 a.m.

LNG

Gastrade and North Macedonia Cooperate on Greek LNG Terminal

Greek company Gastrade has signed agreements for the cooperation with National Energy Resources Skopje and AD Power Plants of Northern Macedonia for the Alexand…

Cooperation case

Iraq Signs Deal with France's Total on 4 Energy Projects

The Iraqi Ministry of Oil announced on Monday the signing of an initial agreement with French oil and gas company Total to build giant infrastructures, develop …

Net Zero Emission

Global Leaders get Real about Net Zero Goals at IEA Summit

Top international energy and climate leaders from more than 40 countries took part in the IEA-COP26 Net Zero Summit to identify how to work together to reduce g…

Oil Price

Oil Prices Rise as Opec+ Agrees to Gradually Increase Supply

The group will increase output by 250,000 bpd in May

Oil&Gas Drilling

ExxonMobil Nearly Ready to Start up Guyana FPSO Compressor

Oil major ExxonMobil is preparing to start up a gas compressor on SBM Offshore’s Liza Destiny FPSO, operating offshore Guyana, this week following a technical …