Energy

India’s Petronet LNG to extend LNG deal with Qatar beyond 2028

Qatar continues global LNG dominance with strategic long-term agreements

Dragon Oil commences production of crude oil in Egypt

Production set initially at 3,000 barrels of crude oil per day

Oil market in 2024: Increased demand, dynamic supply sources

OPEC to cut output by 2.2 mbpd while US production to increase to 13.3 mbpd

Saudi Arabia to produce 130 GW of renewable energy by 2030

Investing in renewable energy projects worth $188 billion

Abu Dhabi’s Mubadala Energy announces 6 trn cubic feet gas discovery in Indonesia

Successful outcome promises to derisk multiple trillion cubic feet of prospective gas resources

Putin visits UAE, Saudi Arabia today, oil key in talks

Russia to tighten oil restrictions in early December

Saudi Arabia: OPEC+ oil production cuts can continue past March if needed

Putin plans to visit Saudi Arabia, UAE this week, aide says

UAE and Bill Gates’s TerraPower to produce emissions-free electricity

Developing Natrium technology to produce carbon-free electricity

OPEC+ meeting, a critical factor in shaping volatile oil prices

Policy-setting gathering moved from November 26 to November 30

Shell makes major gas discovery in northeast Egypt

Ambitious plan for Mediterranean gas wells gains momentum

Concerns over weak demand spark a decline in oil prices

Reversing Monday’s increase and outweighing potential additional supply cuts

Prices of oil futures increase amid potential deeper supply cuts

OPEC+ has been reducing oil production by 5.16 million barrels per day

New natural gas discoveries unveiled in Saudi 

Al-Hiran gas field confirmed with 30 million cubic feet daily flow

OPEC’s boosted global demand forecasts dampen concerns, fuel oil price surge

The report comes ahead of the scheduled meeting of OPEC+ on Nov. 26

Diminishing demand from US, China prompts oil price decrease

Prices of Brent and WTI crude futures both saw declines

Qatar’s gas deals establish global market dominance

Country plans to increase its LNG production capacity by more than 60 percent

Qatar economy to slow down in ’23, pick up in ‘26

Hydrocarbon prices are expected to work in Qatar’s favor

Al Masaood Group Industrial expands portfolio

New engineering products and manufacturing services introduced at ADIPEC

Oil prices rebound despite agreement with Venezuela

Reduction in oil inventories pushes the United States to take swift action

Gulf’s commitment as secure, reliable energy provider reaffirmed by Saudi Crown Prince

Looks forward to strengthening economic ties between ASEAN and GCC

ACWA Power achieves financial closure for ten $14 bn projects

Including renewable energy, desalination and green hydrogen