Sinopec and TotalEnergies SE are among companies holding talks to invest in the Jafurah development in Saudi Arabia, according to people familiar with the matter, as the kingdom seeks to exploit one…
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…
Fight over subsidies amid $200tn energy transition narrative
Biden’s $370bn plan to support businesses, leading the transition to a low-carbon economy, has riled some of the largest US trading partners The global energy transition is estimated to bring close to…
China gas demand to surge in 2023 as Europe Slumps, says IEA
Rising demand for natural gas in Asia and the Middle East is set to offset a decline in other regions this year, helping to keep the global market tight, according to the…
Qatar drives LNG exports of GECF member countries, observers in March
Qatar has driven LNG exports of GECF member countries and observers with y-o-y growth of 6.7% (1.11mn tonnes) to reach 17.66mn tonnes in March, the Gas Exporting Countries Forum (GECF) said in…
Qatargas supplies commissioning LNG Cargo to Indias Dhamra Terminal
Qatargas recently supplied a commissioning liquefied natural gas (LNG) cargo to Indias newest LNG receiving terminal ‘Dhamra’ on the vessel Milaha Ras Laffan in April 2023. Qatargas sold the LNG on a…
Europe must tax brown and subsidise green
After years of global climate-policy leadership, the European Union is looking warily at the United States’ sudden embrace of ambitious clean-energy subsidies. Ultimately, America’s entry into the clean-energy race is good news…
Qatar’s North Field drives global LNG assets deal value in 2022: GECF
Deal value of liquefied natural gas assets in 2022 climbed 15% y-o-y to reach $23bn, driven by Qatar’s LNG development, says Doha-based Gas Exporting Countries Forum. The deal value of liquefied natural…
In defence of nature-based carbon markets
Voluntary markets for carbon offsets have recently come under fire, with critics questioning the efficacy of contracts that aim to reduce atmospheric carbon dioxide relative to what would have happened in the…
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…