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Decarbonization
New Iconsys Arrival Eyes Multi-Million-Pound Decarbonisation Opportunity
The new Head of Sales for Energy Transition at a leading control and automations specialist is targeting a multi-million pound clean energy opportunity.Steve Ro…
Crude Oil
China Expands Operations Across Iraq’s Huge West Qurna 1 Oil Field
The history of the Middle East since the 1990s has been in many aspects been defined by China’s need to secure sufficient energy to power its economic gro…
Thermal Coal
William Gumede: Strategies for a Green Economy in SA
After energy shortages caused by the Russia-Ukraine war and expanding Middle East conflict, many industrial and emerging powers have returned to the use of coal…
Ammonia
LUPro Signs Tripartite Agreement with Oman and Thailand Energy Firms for Green Ammonia Production: 1 Million-Ton Facility Planned in Duhok
As Oman, an oil-producing country in the Middle East, is rushing to shift from oil to green energy, it has joined hands with a Korean company to commercialize g…
Energy Investment
‘First-ever’ Blue Bond in MENA Region Sees Light of Day
Dubai-based terminal operator DP World has issued a staggering $100 million blue bond, becoming the first company in the Middle East to mark this ‘milesto…
United Arab Emirates
Hydrogen Council Welcomes Masdar, Siemens Energy and Yara Clean Ammonia to Its Board
Masdar, Siemens Energy and Yara Clean Ammonia will become new board members of the Hydrogen Council from January 1, 2025.The Council anticipates valuable insigh…
Natural Gas
Dana Gas Receives $20 Million in Payment From Egypt
Dana Gas, one of the largest private natural gas companies in the Middle East, received a $20 million payment from the Egyptian government, taking the total pay…
Green Hydrogen
Samsung E&A to Provide Engineering for Liquid Wind’s Global E-fuel Plants
Liquid Wind and Samsung E&A will work together on developing green hydrogen-based e-fuel facilities in Asia, Africa and the Middle East.The oil and gas EPC firm…
LNG
IEA Says Global Oil Market Faces a Million-Barrel Glut Next Year
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the…
Oil Price
Oil Settles on Moderate Gains Amid Mixed Middle East Signals
Oil edged higher after swinging between gains and losses for much of the session as traders weighed mixed signals about the risks to flows from the Middle East …
Norway
Höegh Evi, Port Of Port-la Nouvelle To Develop Floating Terminal For H2 Imports
As informed, the hydrogen will be imported from producers located in the Middle East, North Africa and the Americas.The partners believe that the new terminal w…
Oil Price
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…
Oil Price
Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data
Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and …
Distributed energy
Joint Venture to Deploy Infrastructure Projects in Four Phases Across U.S., Europe and Middle East
EarthGrid, a Bay-area plasma tunnel-boring technology and infrastructure development company, has signed a joint venture agreement with EnerTech, a Kuwait Inves…
Oil Price
Oil strengthens as fall estimated in US crude inventories
Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eas…
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