Roudi Baroudi CEO, Energy & Environment Holding, Qatar Interview with Newmoney.gr by Symela Touchtidou Questions: What is your assessment on the current energy crisis? How long will it last? Is there a…
Month: May 2022
EUROPE ENERGY CRISIS – Qatar and Germany sign energy strategic partnership
News – Oil and Gas – Berlin, May 2022 Qatar’s Emir, His Highness Sheikh Tamim bin Hamad Al Thani, and German Chancellor Olaf Scholz signed a strategic energy partnership on May 20…
UAE to more than double LNG export capacity with Fujairah plant
Bloomberg / Dubai Abu Dhabi National Oil Co plans to build a new liquefied natural gas plant as the world’s producers race to expand their exports amid surging demand. The LNG facility,…
The end of Europe’s clean-energy preaching
By Ana Palacio/ Madrid Russian President Vladimir Putin’s war against Ukraine has served Europe a heaping dose of energy realism. While the European Union was touting a “no pain, all gain” transition…
Saudi expects 13mn bpd oil capacity by 2027: Minister
Saudi Arabia expects to ramp up its daily oil production capacity by more than 1mn barrels to exceed 13mn barrels by early 2027, the kingdom’s energy minister announced Monday. “Most likely it…
Record fuel costs driven by refining crunch, says Saudi energy minister
Bloomberg / Riyadh Saudi Arabia’s top oil official said that a refining crunch – rather than any shortage of crude – is driving the surge in fuel costs to unprecedented levels. “The…
Gasoline, diesel, jet fuel refining capacity too low in US to meet demand
Bloomberg / New York From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travellers and the wider economy. But the…
U.S. diesel shortages lift refining margins to a record
LONDON, May 10 (Reuters) – Global stocks of refined petroleum products have fallen to critically low levels as refineries prove unable to keep up with surging demand especially for the diesel-like fuels…
Sea border talks between Israel and Lebanon on verge of imminent collapse
Why did Biden’s energy envoy issue a poison pill that is sure not only to kill the deal but give Hezbollah a new reason to fight? When President Biden appointed his personal…
Global LNG demand to more than double to 800mn tonnes by 2050: GECF
Pratap John Global LNG demand will more than double from 356mn tonnes in 2020 to 800mn tonnes by 2050, “fuelled by solid demand from Asia and a rise in gas use for…