US oil bosses generally collected huge paychecks last year on the back of high energy prices and record profits, with Exxon Mobil Corp’s chief executive winning a 52 per cent increase. The…
Qatarenergy Selects Sinopec As NFE Expansion Partner
(MENAFN– Gulf Times) QatarEnergy has announced the signing of a“definitive” partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, the largest project in the history of…
QatarEnergy signs MoU with Namibia to boost energy cooperation
QatarEnergy has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Energy of the Republic of Namibia to strengthen cooperation in the energy sector. The agreement was signed by…
Europe’s largest nuclear reactor enters service in Finland
Hours after Germany closed out its atomic era by turning off its last three nuclear reactors, the largest single reactor in Europe entered regular production in Finland, its operator said Sunday. The…
Qatar LNG fleet expansion underpins domestic expansion of its North Field project, investments in US Gulf Coast: GECF
Qatar’s LNG fleet expansion will underpin its domestic expansion of the North Field project, as well as investments in the Golden Pass LNG terminal in the US Gulf Coast region, Gas Exporting…
Oil and gas investment rise 7% y-o-y to $718bn in 2022; may rise further in 2023: GECF
Oil and gas investment increased by 7% y-o-y to reach $718bn in 2022 and is expected to rise further in 2023, but looming uncertainties may deter investment, the Gas Exporting Countries Forum…
QATARENERGY TO PARTICIPATE IN IRAQ’S GAS GROWTH INTEGRATED PROJECT (GGIP) –
DOHA, Qatar • 5 April 2023 – QatarEnergy has agreed to hold a 25% share in the Gas Growth Integrated Project (GGIP) – a multi-billion-dollar project aimed at monetizing and developing the…
Biden’s Landmark Climate Bill Lures China’s Clean Energy Giants
hina’s leading renewables firms are joining the rush to open factories in the US after Washington passed a landmark climate bill that supports local clean energy manufacturing. Some of the nation’s top…
Oil Price Jolt Compounds Inflation Puzzle for Central Banks
Central bankers who spent past weeks puzzling over how financial turmoil will impact their outlook now have a jolt in the form of higher oil prices to contend with. The surprise production…
Opec+ cuts set to tighten Mideast crude supply to Asia and Europe
Middle East crude oil supplies are set to tighten further from May after Opec+ announced plans to cut output again, raising costs for refiners from Asia to Europe and pushing them to…