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…
New Opec cuts to tighten markets, widen oil market deficit in H2: Emirates NBD
New Opec cuts may tighten markets considerably and widen the oil market deficit in the second half of this year, Emirates NBD said Monday. The regional banking group forecasts Brent to average…
The World’s Most Important Oil Price Is About to Change for Good
After years of wrangling, the world’s most important oil price is about to be transformed for good, allowing crude supplies from west Texas to help determine the price of millions of barrels…
The High Cost of Carbon Pricing
Amid the growing enthusiasm for carbon border taxes, Western policymakers have largely ignored the negative impact on the world’s poorest countries. For carbon-pricing policies to succeed, developed countries must show their commitment…
QatarEnergy enters into ‘farm-in’ agreement with ExxonMobil Canada for two offshore exploration licences
QatarEnergy has entered into a farm-in agreement with ExxonMobil Canada for two exploration licences offshore the province of Newfoundland and Labrador in Canada. Pursuant to the agreement, QatarEnergy holds a 28% working…