ستطلق وحدة الغاز التي تم تشكيلها مؤخرًا من قبل شركة الطاقة الحكومية الإماراتية أدنوك في سوق أبوظبي للأوراق المالية يوم الاثنين طرح عام أولي بقيمة 2.5 مليار دولار. وقد شهدت أسهم شركة…
Category: Oil & Gas
UAE’s ADNOC Gas to Start Trading in $2.5bn IPO. International Energy Expert, Roudi Baroudi told AFP: “LNG is Most Important Transition Fuel in the move away from hydrocarbons”.
UAE state energy company ADNOC’s recently formed gas unit will launch on the Abu Dhabi stock market on Monday in a $2.5 billion initial public offering aimed at tapping high demand for…
BP ventures back into oil frontiers to boost output
By Ron Bousso LONDON (Reuters) – BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas…
QatarEnergy enters Suriname offshore exploration
QatarEnergy has entered into two Production Sharing Contracts for Blocks 6 and 8 offshore the Republic of Suriname, following successful bids in these blocks, as previously announced in June 2021. Pursuant to…
Opec output falls on Iraq pipeline halt, Nigeria strike
Bloomberg London Opec’s oil production fell last month as Iraq’s exports were reduced by a pipeline suspension while a labour strike cut shipments from Nigeria. Output from the Organisation of Petroleum Exporting…
World Gas Supply Shifts From Shortage to Glut With Demand Muted
The world is becoming awash with natural gas, pushing prices lower and creating an overabundance of the fuel in both Europe and Asia — at least for the next few weeks. The…
Exxon boss’ pay rose 52 per cent in 2022 – the highest among oil peers
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…
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…
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…