ATHENS, July 7, 2024 Greece: Energy and Environment Minister Theodoros Skylakakis is on the right track with his approach to Greece’s energy transition plans, a noted regional expert says. “He’s got the…
Category: Oil & Gas
Saudi Aramco awards $25bn in contracts for gas expansion
Saudi Aramco, the world’s biggest oil producer, has awarded contracts worth more than $25bn for the second phase of the expansion of its Jafurah gas field and the third phase of expanding…
Potential Qatar-Greece investment ties seen in energy, high-tech industries
Greece’s economic resurgence with Prime Minister Kyriakos Mitsotakis at the helm is seen to open potential Qatari investments in a wide range of sectors, including energy, tourism, and high-tech industries. In an…
QatarEnergy to acquire two new exploration blocks offshore Egypt
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt. Under the terms of the agreement, which is subject to customary approvals…
Opec sticks to oil demand view, nudges up economic growth
LONDON, March 12 (Reuters) – OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised its economic growth forecast for…
Is Saudi Aramco cooling on crude oil?
Don’t bet on it Has saudi arabia stopped believing in a bright future for petroleum? That is the question that in recent weeks has hung over Saudi Aramco. The desert kingdom’s national…
Freezing weather is knocking out millions of barrels of US oil output
The wintry weather that blanketed parts of Texas in snow and hammered North Dakota with extreme cold has knocked out millions of barrels of US oil production, and the industry is expected…
Europe’s energy crisis is over
LONDON, Nov 28 (Reuters) – From mid-2021 until late 2022, Europe and parts of Asia were gripped by an energy crisis, as oil, gas, coal and power prices surged, in some cases…
Regional Energy Expert Roudi Baroudi Earns Award from Washington Think Tank
Transatlantic Leadership Network Recognizes Author for Contributions to Peaceful Development in Eastern Mediterranean WASHINGTON, DC November 9, 2023: Doha-based Lebanese author Roudi Baroudi was one of two people presented with the 2023…
Bumper profits ebb at US oil giants as they tout big fossil deals
NEW YORK, Oct 28: ExxonMobil and Chevron reported lower profits Friday compared with the year-ago blowout quarter as the oil giants touted recent acquisitions they said balance economic and environmental priorities. The…