#natural gas

qatar-energy-min

Qatar to sign more long-term LNG contracts this year: Qatar Energy CEO

Qatar, one of the world’s largest LNG exporters, announced an additional expansion of its LNG production in February

Natural gas

Mubadala Energy confirms significant gas discovery in Indonesia

The Tangkulo-1 discovery aligns with the company’s gas-focused strategy and serves as a significant milestone in the region’s development

Brent oil price forecast Bloomberg GettyImages-1384536093

Oil market sees frenzy of hedge fund buying as traders turn bullish: Opinion

In a sign of how bullish investors were becoming most buying came from the creation of new long positions

Saudi Arabia discovers two new natural gas fields

Saudi Arabia discovers new natural gas fields in Empty Quarter

The Minister of Energy said the discovery of the Al-Hiran natural gas field was confirmed after gas flowed from the Hanifa reservoir in the Al-Hiran

red sea

Strait of Hormuz: The world’s most important oil artery

About a fifth of the volume of the world’s total oil consumption passes through the Strait on a daily basis

oil

UAE’s Crescent, Iraq launch deals to develop three oil and gas fields

The Crescent Petroleum contracts are expected to begin producing 400 million standard cubic feet per day of natural gas within 18 months

kuwait

Kuwait seeks to boost oil production, pushes on with Durra gas field

Oil Minister Saad Al Barrak said the state firm aimed for net zero carbon emissions by 2050

ADNOC Gas awards $3.6bn contract to boost gas processing

ADNOC Gas invests $3.6bn to boost gas processing capabilities

The project seeks to increase ethane extraction from the company’s existing onshore facilities in the Habshan complex

ADNOC Gas awards natural gas pipeline contracts worth $1.34bn

ADNOC Gas awards natural gas pipeline contracts worth $1.34bn

The pipeline extension will drive further growth as part of the company’s strategy to increase its market share and enhance its customer base

Aramco says hydrogen talks with Japan, South Korea are advancing

Much of the gas for Aramco’s blue hydrogen will come from Saudi Arabia’s massive Jafurah field

Bahrain

Bahrain announces discovery of two new natural gas reservoirs

Additional drilling operations are scheduled to be conducted during the next two years

Fossil-fuel underinvestment is recipe for disaster, says Dr Sultan Al Jaber

A supply crunch has sent oil and natural gas prices soaring since the pandemic

Natural gas agreement signed between ADNOC and Dubai Supply Authority

The agreement will see ADNOC supply DUSUP with natural gas, which will be used instead of clean coal for electricity generation at DEWA’s IPP

Natural gas

Natural gas buyers hoarding fuel at sea to prepare for winter

Natural gas prices in Europe and Asia are trading at a record high for this time of year

Oil soars past $100 as Russia attacks targets across Ukraine

OPEC+ meets on March 2 to decide on output for April

Oil holds above $80 with global power shortage boosting demand

Citigroup raised its fourth-quarter Brent forecast to $85 a barrel

Qatar says rejoining OPEC would not fit with its strategy

Qatar decided to leave the cartel in late 2018

The era of cheap natural gas ends as prices surge by 1,000%

The appetite for liquefied natural gas is expected to grow by 3.4 per cent a year through 2035, outpacing other fossil fuels

Qatar Petroleum plans $10bn bond sale for gas expansion

The company is seeking between $7bn and $10bn of five, 10- and 30-year notes

The cleanest fossil fuel is set for a post-pandemic rebound

Demand for the fuel used in heating and power generation is growing faster than for any other fossil fuel

Saudi oil giant pitches gas to China in cleaner-fuels push

Aramco is the world’s largest oil exporter

Covid-19 impact on the regional energy sector: Is it set for a rebound?

In light of historic oil price routs and oversupply triggered by the novel coronavirus, how imminent and optimal is recovery for regional energy markets? Gulf Business speaks to Rita Allan, senior Construction and Projects associate at Pinsent Masons Middle East, to find out more