DUBAI/KHOBAR: Saudi Arabia is likely to burn less crude in its power plants this summer thanks to rising output from dedicated gas fields and gas that would be associated with any increase in oil output to make up for lower Iranian (...)
DUBAI: The Arab Fund for Economic and Social Development has commissioned a feasibility study for creating a single energy market from Morocco to Oman, the Italy-based consultancy who will conduct it said on Monday.
CESI Middle East has been (...)
DUBAI: Iran's biggest oil customers from across Asia are flocking to alternative Middle East suppliers this month under renewed US pressure to stop buying Iranian crude and unprecedented tension over Tehran's nuclear program.
While US Treasury (...)
DUBAI: Many of the world's biggest energy companies may have to surrender most of the gas from Iraq's vast southern oilfields to a processing and export project led by Shell, a final draft contract between Baghdad and Europe's biggest company, (...)
LONDON: The world's biggest gas exporters will benefit from Japan's increased need for liquefied natural gas (LNG), but the global gas glut that has weighed them down over recent years is unlikely to shrink significantly.
Japan's worst recorded (...)
LONDON: Nearly 3 percent of global gas supply could be at risk of disruption in North Africa and the Middle East, according to investment bank Goldman Sachs.
About 10 billion cubic meters/year of gas export capacity is already suspended between (...)
LONDON: Qatari liquefied natural gas (LNG) tanker Al Dafna appears to be heading to Brazil, rather than the United States, according to AIS Live ship tracking data on Reuters.
The destination of the huge "Q-Max" tanker was still showing on AIS as (...)
LONDON: Major construction work at the Qatargas 4 liquefied natural gas (LNG) facility and Pearl, the world's largest gas to liquids (GTL) plant, will be completed by year end, with production ramping up in 2011, Royal Dutch Shell said on (...)
LONDON: The Trinity Arrow liquefied natural gas tanker has docked in Kuwait to unload the cargo of LNG it loaded in Belgium in mid march, AIS Live ship tracking data on Reuters showed on Monday.
Loading at Belgium's Zeebrugge terminal for (...)