The United States accomplished a diplomatic tour de force in October when Lebanon and Israel agreed to settle most of their maritime boundary. Of course, credit for this achievement is also due to the principals, but…
Month: December 2022
QatarEnergy wins working interest in new Brazilian offshore exploration block
QatarEnergy, in a consortium with TotalEnergies and Petronas, has been awarded the Agua-Marinha Production Sharing Contract (PSC), under the 1st Cycle Permanent Offer round, by Brazil’s National Agency of Petroleum, Natural Gas,…
EU countries agree gas price cap to contain energy crisis
BRUSSELS, Dec 19 (Reuters) – European Union energy ministers on Monday agreed a gas price cap, after weeks of talks on the emergency measure that has split opinion across the bloc as…
The global climate finance challenge
The world will not avoid dangerous levels of climate change without a significant increase in investment. This commentary presents three priorities for climate finance for the achievement of Paris targets and protection…
Debunking Solar Geoengineering
Proponents of solar geoengineering say that lowering Earth’s average temperature by reflecting sunlight into space will tackle global warming. But if we are to avoid a climate catastrophe, there is no substitute…
Aramco in talks with investors on $110bn Jafurah gas project
Saudi Aramco has started talks with potential backers for its $110bn Jafurah gas development, according to people familiar with the matter, as the oil producer plans to exploit one of the world’s…
Global Star becomes first Nakilat vessel to deliver cargo to Escobar LNG Terminal in Argentina
Nakilat-managed liquefied natural gas (LNG) carrier Global Star, with a carrying capacity of 173,400 cubic metres, has become the first Nakilat vessel to deliver cargo to Escobar LNG Terminal in Argentina. Escobar…
Green power is the first domino
As world leaders convene at the UN Climate Change Conference (COP27), it is obvious to all that bolder action is needed to avert disaster. The UN warns that global efforts to reduce…
Al-Kaabi takes part in GPCA 16th annual forum in Riyadh
HE the Minister of State for Energy Affairs Saad bin Sherida al-Kaabi took part in the 16th annual forum of the Gulf Petrochemicals and Chemicals Association (GPCA), which was held in Riyadh…
QatarEnergy wins offshore exploration block in Atlantic Canada
QatarEnergy has announced a successful bid for Parcel 8 of the Orphan Basin, offshore the province of Newfoundland and Labrador in Canada, expanding its North American footprint. The Parcel 8 winning bid…