About a fifth of the volume of the world’s total oil consumption passes through the Strait on a daily basis
The port of Ashkelon and its oil terminal, located a few kilometres from the Gaza strip had been shut since October 7
The Crescent Petroleum contracts are expected to begin producing 400 million standard cubic feet per day of natural gas within 18 months
Natural gas continues to play a crucial role as a transitional fuel with lower carbon emissions compared to other fossil fuels
Oil and gas markets have been where the nervousness has been most evident due to fears that Israel could become bigger
Grid modernisation, renewable energy integration, and digitalisation help advance the transition to a net-zero electricity grid
The report trimmed its forecasts for total world demand in the current quarter and the first three months of 2024
The deal combines the largest US oil company with one of the most successful names to emerge from the shale revolution
Oil Minister Saad Al Barrak said the state firm aimed for net zero carbon emissions by 2050
The partnership marks an important milestone in the pursuit of a sustainable and greener future for Malaysia
Hundreds of coal mines are expected to close in the coming decades as countries transition to low-carbon energy sources
The company’s board brought forward to 2027 plans to up production capacity to five million barrels per day and approved a capital spending of $150bn
The eruption of the Israel-Palestine crisis threatens to derail US efforts to broker a rapprochement between regional powers
The stand will be located in the Green Zone and it will highlight the company’s efforts in energy, water and renewables
The deal puts focus on the Permian and signals Exxon is sticking to its fundamental business
The company is increasing gas production as consumers around the world look to switch from crude and coal toward cleaner burning fuel
The clean energy project is expected to power more than 23,000 homes a year and displace 120,000 tonnes of carbon dioxide
The company’s fleet plays a crucial role in supplying fuels and liquefied petroleum gas to corporate customers
Saudi Arabia, Russia will continue with their respective production cuts in a bid to “balance the global oil market”
Along with LNG, the North Field expansion project will produce 6,500 tonnes per day of ethane gas, which will be used as feedstock in petrochemical industries
The energy firm is testing the world’s first fully sequestered CO2 injection well in a carbonate saline aquifer in Abu Dhabi
MW Energy, a joint venture between Masdar and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources to explore the development of the projects
The engineering, procurement and construction contract was awarded to Petrofac Emirates
The energy transition will see UAE aiming to become a leading producer and supplier of low-carbon hydrogen as well
ADIPEC 2023 is expected to attract more than 160,000 attendees from 164 countries
The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 3 fils per litre in October
The energy firm has the option to increase its shareholding and associated rights in the future
The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 28 fils per litre in September
ADES set the final offer price for the offering at SAR13.50 per share, implying a market capitalisation of SAR15.2bn at listing
The name change reflects QatarEnergy’s continued commitment to LNG as a critical source of energy for decades to come