Saudi Arabia’s oil giant Aramco has announced the start of its development of its Jafurah unconventional gas field in a press event on Monday. The company’s chief executive officer, Amin Nasser, said the field, which it claims to be the largest in the world, could replace 500,000 barrels per day of oil production “at its […]
Trying to attract investors and retain customers, the United Arab Emirates says it will step up its efforts to cut emissions. Let’s read more in the NY Times article. *** He is the chief executive of a major polluter, but Sultan Al Jaber is likely to be well received and maybe even congratulated when he […]
The world is still going to “need large amounts of fossil fuels” for a while yet, the minister added. Countries in the Arabian Gulf have made big bets on green energy, but India’s oil minister says questions still need to asked as to who the consumer will be, Oil and gas Middle East states. “GCC […]
It seems almost forgotten that it was Trump who asked Opec+ to make deep cuts to save the American oil industry. Let’s read the analytics by Robin Mills, the chief executive of Qamar Energy and author of The Myth of the Oil Crisis, published in The National News. Opec+ meetings have become oddly routine. They […]
Israel’s energy minister has said a deal with partners from the United Arab Emirates to transport oil from the Gulf to Europe via Israel should be canceled as it is too much of a risk environmentally. Opposition from environmental groups has forced the Israeli government to reconsider one of its biggest deals with the UAE, […]
Shaikh Mohammed bin Khalifa Al Khalifa, Minister of Oil, met virtually with Dr. Fereidun Fesharaki, Conference Vice President in the presence of Faihan Mohammed Al Faihani, Acting Undersecretary of the Ministry of Oil, to discuss programmes and activities related to the events of the 29th Annual Middle East Petroleum and Gas Conference (MPGC 2022). Held […]
Saudi Arabia intends to bid to host the Expo 2030 world fair, Saudi Crown Prince Mohammed bin Salman said on Friday, part of the de facto ruler’s push to transform the kingdom’s economy and diversify it away from oil, Reuters reports. The Saudi capital Riyadh has submitted a formal request to host Expo 2030 under […]
Bahrain remains on pace to bring offshore shale reserves online by 2023, although a final investment decision and outside investor interest is still a work in progress, Zawya states. Bahrain did not move beyond the test drilling phase, oil and gas minister Sheikh Mohammed bin Khalifa al-Khalifa said October 19. He added the project remained […]
Now in its seventh year, AGSIW’s Petro Diplomacy conference is a signature annual event that brings together stakeholders in the energy sector of the Gulf Arab states, global supply competitors in North America, analysts, and policymakers to discuss how changes in technology, fiscal priorities, and growth opportunities continue to alter the relationship between politics and […]
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), reinforced the United Arab Emirates’ commitment to India’s energy security and said the UAE will always remain India’s trusted partner of choice, WAM states. Speaking virtually at the 5th […]