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GCC crude oil production in 2023 soars to 17mbpd, says reportGCC countries ranked first in global energy indicators and first in crude oil production, crude oil reserves, crude oil exports and natural gas reserves, according to data issued by the Statistical Centre for the Cooperation Council for the Ar More… |
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bp and XRG close deal to launch new natural gas platformbp and XRG have reached financial close and completed formation of their new joint venture and international natural gas platform – Arcius Energy. Announced in February 2024, Arcius Energy is 51 per cent owned by bp and 49 per ce More… |
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Gas as a transition fuel, a shift towards sustainabilityNatural gas has emerged as a pivotal transition fuel at a time the world grapples with the urgent need to mitigate climate change while still meeting growing energy demands. Within the energy sector, its More… |
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India opens up $100bn investment opportunities in energy sectorIndia is offering global investment opportunities worth $ 100 billion in the energy sector to be met by 2030, the Minister of Petroleum and Natural Gas, Hardeep Singh Puri, has said. Puri said the government ai More… |
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Sharjah expands natural gas access in Dibba Al HisnThe Sharjah Electricity, Water and Gas Authority (Sewa) is actively implementing its gas supply project in the residential areas across Dibba Al-Hisn city. This comprehensive initiative involves establish More… |
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Natural gas faces ‘$300bn investment shortfall yearly’A $200-300 billion annual gap in global investment in natural gas development over the past decade risks supply imbalances with further price spikes globally as demand for natural gas rises in developing countries. More… |
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Role of natural gas in powering Africa’s futureAfrican countries can leverage their natural gas resources to create a viable long-term investment pathway, particularly by capitalising on short to medium-term funding opportunities. Among the diverse energy o More… |
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Oman: TotalEnergies starts gas production in onshore blockFrance-based global multi-energy company TotalEnergies has announced the start of gas production from onshore Block 10 in Oman as well as an agreement with Oman LNG for a long-term LNG purchase contract. TotalEnergies has announce More… |
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Bahrain announces two new natural gas discoveriesBahrain's Oil and Gas Holding Company (Nogaholding) today (November 8) announced two natural gas finds in the Al Joubah and Al Jawf layers located under the Khuf and Onaiza reservoirs, reported the state news agency BNA. More… |
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Natural gas has the potential to expand significantly: GECFNatural gas has the potential to expand significantly over the coming decades among G20 nations and also propel South East Asia’s growth trajectory, said Eng Mohamed Hamel, Secretary General, Gas Exporting Countries Forum (GECF). More… |
