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Bahrain recieves latest LNG floating unit

Bahrain’s first liquefied natural gas (LNG) floating unit arrived in the Gulf this week as the country gets ready for its maiden imports of the super-chilled fuel this year, data from Refinitiv Eikon showed. “Bahrain Spirit”, a floating storage unit (FSU) with a capacity of about 173,000 cubic meters, is …

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Yemeni refinery fire spreads uncontrollably

A fire at a refinery in Yemen’s southern port city of Aden spread to a second storage tank on Saturday, injuring six people, sources at the refinery said. They told Reuters that civil defense forces had failed to contain the fire sparked by an explosion on Friday. The cause of …

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Energy transition for UAE and world

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment stressed the importance of expediting the deployment of renewable and clean energy around the world to help achieve sustainable development. Addressing the ninth session of the Assembly of the International Renewable Energy Agency (IRENA), the minister said: “Energy …

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Abu Dhabi green bus service launched

Abu Dhabi Future Energy Company (Masdar) has launched the region’s first fully electric passenger bus as the capital of the United Arab Emirates pursues clean and energy efficient transport. The UAE has set a clean energy target of 27 percent by 2021. Green energy company Masdar, wholly-owned by Abu Dhabi’s …

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ADNOC ranked number 10 by GlobalData

The Abu Dhabi National Oil Company (ADNOC) is among the top 10 most influential companies and organisations in the energy sector, a new ranking from research and intelligence firm GlobalData found. The only Middle Eastern company featured on the GlobalData’s list, ADNOC was ranked sixth, and third among big oil …

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Iraq reafirms commitment to OPEC production cuts

Iraq said on Friday it was committed to the OPEC+ output-cutting deal and would keep its oil production at 4.513 million barrels per day for the first half of 2019. Iraqi Oil Minister Thamer Ghadhban said in a statement that he had directed oil officials to take urgent measures to …

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Oman oil block goes to Norwegian company

DNO ASA, the Norwegian oil and gas operator, has announced that its subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in Oman Block 8 to Oman’s Ministry of Oil and Gas (MOG) and the state-owned Oman Oil Company Exploration and Production LLC (OOCEP). Offshore Block 8, which …

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Iraq pushes up oil production, exports

Iraq’s oil exports averaged 3.726 million barrels per day (bpd) in December, a significant increase from the previous month, the oil ministry said on Wednesday. Exports from Iraq’s southern Basra ports rose to a record high of 3.63 million bpd, up from 3.363 million bpd in November, the ministry said …

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