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Discovery of new gas field to bolster Sharjah’s economy

27 Jan 2020

Imran Mojib, Special Correspondent A number of officials, specialists and experts have stressed that the discovery of a new gas field in Sharjah will significantly enhance the Emirate’s economic...

Sinopec to review $16 billion gas deal

19 Jan 2020

China’s Sinopec, expected to be the next major Chinese buyer of US liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere...

China allows foreign firms to explore, produce oil and gas

09 Jan 2020

China is implementing drastic changes in its oil and gas sector policy. Beijing will for the first time allow foreign companies to explore and produce oil and gas in the...

Papua New Guinea flags talks stall with Exxon on $13b gas expansion

22 Nov 2019

Papua New Guinea’s petroleum minister on Friday flagged a standoff in talks with Exxon Mobil Corp tied to a $13 billion gas expansion, saying the US oil giant was...

Russian gas exports to southeast European nations decline in H1

06 Sep 2019

Russian gas exports to Turkey and eight other southeast European nations fell by more than a quarter in the first half of 2019 as cheaper liquefied natural gas (LNG) and...

Russia’s $21 billion Arctic LNG project receives green signal

05 Sep 2019

The $21 billion Arctic liquefied natural gas (LNG)-2 project led by Russian private gas producer Novatek won a green light on Thursday, the latest in a raft of new projects...

Taqa revenue grows 5 per cent at Dhs9b during first half of 2019

08 Aug 2019

The Abu Dhabi National Energy Company (Taqa) announced on Thursday its financial results and operational highlights for the six-month period ending June 30, 2019. The company recorded Dhs9 billion of...

Pakistan to review TAPI project

13 Jul 2019

Pakistan and Turkmenistan experts are set to meet next month to review arrangements and finalise modalities for groundbreaking of Pakistan-section of TAPI gas pipeline, scheduled to be performed in Chaman...

OMV to pay Gazprom $1 billion for stake in Siberian gas field

07 Jun 2019

OMV agreed on Friday to pay 905 million euros ($1 billion) to Russia’s Gazprom for a stake in a Siberian gas field, as part of the Austrian firm’s strategy to...

Equinor profit beats forecast

04 May 2019

Norwegian oil and gas firm Equinor reported on Friday a small fall in quarterly operating profit, beating forecasts, and said its giant Johan Sverdrup oilfield in the North Sea remains...

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