Saudi Aramco’s recent acquisition of additional stake in Japan’s Sumitomo Chemical is a sign of consolidation in the petrochemical industry
The project seeks to help decarbonise hard-to-abate, emission-intensive sectors such as the aviation and maritime industries
The state energy giant said it now has buyers lined up for 70 per cent of the plant’s 9.6 million-tonne annual production capacity
The Marsa LNG project includes upstream gas production, a one million-ton-per-year liquefaction plant and a 300-megawatt solar plant
The petrochemical complex is expected to house one of the largest mixed-load steam crackers in the Arab Gulf region
Negotiations on the key commercial details between Uganda and UAE-based Alpha MBM Investments are expected to be completed within three months
The deal follows several significant international LNG sales agreements, including India Oil Corporation
The world’s largest oil company reported that it had paid out a base dividend for Q1 2023 of $19.5bn in the second quarter, which was up 4 per cent year-on-year
The first gas from Absheron was successfully delivered in early July 2023
The awarding of the contracts marks the start of construction work on the petrochemical facility
The energy project aims to recover flared gas on three oil fields in order to supply power plants and build a seawater treatment plant to increase oil production
The deal includes a downstream portfolio of 240 fuel retail stations, more than a 100 convenience stores, and over 250 lube changing stations
The partnership marks QatarEnergy’s first exploration endeavour in Lebanon
The consortium has zoned in on the methanol-to-jet pathway as its chosen technology route
TotalEnergies holds a 26.55 per cent interest in Block 10, with OQ retaining 20 per cent and Shell holding 53.45 per cent
The facility is set to start operations in 2027
Under the agreement, each partner will contribute expertise and technologies to conduct feasibility studies for distributed solar generation at KEZAD
The company is also in talks with the Lebanese government regarding the offshore gas block
Shell will take a 9.375 per cent stake in North Field South, which will expand Qatar’s LNG output capacity by 16 million tons a year
The project will raise Qatar’s liquefied natural gas capacity to 126 million tons
This 17-megawatt peak solar project will be the first-of-its kind to be installed in the region
In addition to the CSEP signed by the two nations, ADNOC and TotalEnergies inked a strategic partnership agreement to explore new opportunities for growth across the energy value chain
TotalEnergies will own 25 per cent of a joint venture with QatarEnergy, with the venture in turn holding 25 per cent of North Field East