Tag: oil

    Spanish Repsol will withdraw from Russia’s oil and gas assets for environmental reasons
    03 Jan 2022

    Spanish Repsol will withdraw from Russia’s oil and gas assets for environmental reasons, Kommersant reports. This is the first foreign company to announce its withdrawal from Russian assets not through sanctions but through decarbonization. Spanish Repsol is based on Russian oil and gas assets. It is doing this first under the slogan of decarbonization (reducing […]

    Riyadh plans climate neutrality for 2060 but will continue to pump oil actively
    29 Dec 2021

    Leading oil exporter Saudi Arabia will strive to achieve zero carbon emissions by 2060, its de facto ruler, Crown Prince Mohammed bin Salman announced on October 23 at the Future Investment Initiative forum ahead of the UN Climate Conference (COP-26). Ben Salman stressed that Saudi Arabia would fight climate change while ensuring stability in the […]

    Damage from 1990 Iraqi aggression ‘still visible’ in Kuwaiti environment

    Although enormous efforts have been exerted to rehabilitate Kuwait’s environment since the flagrant Iraqi aggression in 1990, scars of the destruction remain visible. The aggressors carried out a scorched earth policy, inflicting heavy damage to the land and the marine environment and polluting the air. They blew up and set afire oil wells, causing vast […]

    Syria war turned coast into ‘pollution flashpoint’ – NGO report
    23 Dec 2021

    Pollution stemming from the conflict in Syria is posing ‘acute health risks for civilians’, Middle East Eye reports. Leaks from moored tankers, underwater pipelines and wastewater systems have turned the Syrian coast into a major “conflict-linked pollution flashpoint”, said a report released on Tuesday. The study by PAX, a Dutch peace-building organization, analyzed public and […]

    Israeli ministry blocks UAE pipeline deal, citing risk to the Red Sea

    Environmental protection ministry says allowing dozens of oil tankers to enter the Red Sea resort of Eilat will cause pollution, Middle East Eye reports. Israel’s Ministry of Environmental Protection said on December 16 that it would not allow oil tankers to enter the Red Sea resort of Eilat, as was planned under a deal with […]

    Reed Smith appoints energy and natural resources disputes partner in Dubai
    19 Dec 2021

    Global law firm Reed Smith announced that James Willn has joined the firm as a partner in its Energy & Natural Resources Group in Dubai, Oil and Gas Middle East reports. With more than 14 years’ experience, Willn advises a broad range of clients, primarily within the offshore oil, gas, construction, energy and maritime industries, […]

    Shell launches ‘carbon neutral’ lubricants in the Middle East

    Shell has launched a range of ‘carbon neutral’ lubricants in the Middle East for various applications ranging from passenger cars to heavy-duty diesel engines. The Shell Helix Ultra lubricants are developed to offer a more sustainable choice of motor oil without compromising high performance and engine protection, Plant Machinery vehicles states. The Shell Rimula R6 […]

    Who is responsible for the climate issue?
    15 Dec 2021

    One year from now, the COP27 climate change conference will be held in Egypt, providing an opportunity for the Egyptian state to acquire balanced knowledge of one of the most important issues of our times, which – notwithstanding its extreme importance – is the subject of deep-seated differences between major countries. Let’s check the article […]

    Saudi oil giant Aramco awards $10bn worth of contracts for Jafurah field development
    09 Dec 2021

    Saudi Arabian energy giant Saudi Aramco announced Tuesday that it would start the development of the Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom, Oil and Gas Middle East reports. In addition, Aramco announced that it had awarded subsurface and engineering, procurement, and construction (EPC) contracts worth $10 billion. The capital […]

    Saudi Aramco chief calls for a realistic approach to energy transition
    08 Dec 2021

    Saudi Aramco CEO Amin Nassir on Monday rejected what he called a “deeply assumption” that the entire world can run on alternatives and the vast global energy system can be totally transformed, virtually overnight, Arab News reports. He was speaking at a global energy conference devoted to future technologies and low-carbon strategies in Houston. The […]