Saudi Aramco is considering selling a 2.5% stake in the company worth $50 billion, the Wall Street Journal is reporting. Mohammed Bin Salman, crown prince of Saudi Arabia, is said to be pushing the…
IEA Raises World Oil Demand Forecast In 2023 Towards All-time High
The International Energy Agency said Friday it had revised upwards its forecast for global oil demand growth in 2023 as demand is “scaling record highs”. World oil demand already hit a record…
Carbon Capture and Delay
As long as coal plants are still operating, it is a good idea to require them capture their carbon dioxide emissions. But those designing policies to hasten such practices must tread carefully,…
Qatar second top global LNG exporter, top GECF exporter in June
Qatar was the second top global LNG exporter in June, latest data from the Gas Exporting Countries Forum (GECF) has shown. Among the GECF member countries, Qatar topped in liquefied natural gas…
Qatar’s LNG projects will achieve significant reductions in greenhouse gas emissions: Al-Kaabi
Qatar’s LNG projects will achieve significant reductions in greenhouse gas emissions through carbon capture and sequestration as well as the use of solar energy, noted HE the Minister of State for Energy…
تنبيه… كي لا تذهب الثروة النفطيّة إلى المجهول
يقترب لبنان من ساعة الصفر في مجال الاسكتشافات النفطية البحرية، خصوصاً أن سفينة الحفر Transocean Barents التي تعاقدت معها شركة Total -Energies لإتمام عمليات الاستكشاف في البلوك رقم 9 والموجودة حالياً في…
الحدود البحرية لشرق البحر الأبيض المتوسط: حاجة لبنان إلى إكمال ترسيم الحدود البحرية من خلال إبرام إتفاقيات مع قبرص وسوريا – خبير طاقة متخصص
أثينا، اليونان – 25 حزيران 2023: صرّح خبير طاقة إقليمي في مؤتمر عالمي للطاقة في أثينا يوم الأربعاء أنه على لبنان استكمال اتفاقية ترسيم الحدود البحرية مع إسرائيل الموقعة العام الماضي من…
Eastern Mediterranean Maritime Boundaries: Lebanon needs to complete maritime borders by striking deals with Cyprus and Syria – veteran energy expert
ATHENS, Greece – June 25, 2023: Lebanon should follow up last year’s maritime boundary agreement with Israel by seeking similar deals with Cyprus and Syria, a regional energy expert told a high-profile…
Saudi Arabia’s Oil Cut Risks Leaving Bitter Taste for Budget
Saudi Arabia’s plan to slash oil production by around 10% may hit its finances hard. Sunday’s decision, which will see the kingdom lower crude output to 9 million barrels a day next…
Climate science beats climate fatalism
The Paris climate agreement’s goal of limiting global warming to 1.5C is in the headlines again. According to the latest projections from the World Meteorological Organisation, “There is a 66% likelihood that…