Tag Archives: Gas

Uzbekistan is a country with a developed industry. Forty percent of production and more than a million people are engaged in this sector of economy. The share of the sector in making the country’s GDP makes up 14 percent. Leading sectors of the industry are: cotton cleaning, machine building, textile, …

Qatar is not considering normalising ties with Syria and hopes other countries will be discouraged from taking further steps with President Bashar al-Assad’s government, foreign minister Sheikh Mohammed bin Abdulrahman Al-Thani said on Friday. His comments at a joint news conference with U.S. Secretary of State Antony Blinken in Washington …

Top representatives of the oil producer group OPEC defended a future role for fossil fuels at the U.N. climate conference https://www.reuters.com/business/cop on Wednesday, arguing the world can slash greenhouse gas emissions without swearing off oil and gas. The arguments clashed with the efforts of the summit’s British hosts to secure …

U.S. envoy Amos Hochstein met Wednesday with President Michel Aoun, Speaker Nabih Berri and PM Najib Miqati in a bid to rekindle moribund talks over a maritime border dispute between Lebanon and Israel that is holding up oil and gas explorations. The Presidency said Aoun and Hochstein discussed “the course …

The United States has reached out to China diplomatically about reducing its purchases of Iranian crude oil, U.S. and European officials said on Tuesday, as Washington seeks to persuade Tehran to resume talks about reviving the 2015 nuclear deal. Purchases of Iranian oil by Chinese companies are believed to have …

After Iran last month imposed an Internet shutdown lasting several days in a southeastern region during a rare upsurge of unrest, activists say the government is now using the tactic repeatedly when protests erupt. Rights groups say at least 10 people were killed when security forces opened fire on fuel …

Iran has slashed the amount of natural gas it exports to Iraq and threatened further cutbacks over unpaid bills, increasing the likelihood of more electricity shortages in Baghdad and other major cities. Iraq has been receiving 5 million cubic meters a day since Iran cut its daily exports from 50 …

Syrian President Bashar al Assad said the continued presence of Russia’s major naval and air bases in his country help counter the influence of Western powers in the region as the battle to crush insurgents was winding down. In an interview with Russia’s Ministry of Defence TV channel Zvezda on …

France will increase its military presence in the eastern Mediterranean, President Emmanuel Macron said on Wednesday, calling on Turkey to halt oil and gas exploration in disputed waters that has heightened tensions with Greece. The French leader voiced concern over “unilateral” exploration by Turkey in a call with Greek Prime …

The foreign ministers of Greece and the United States will meet in Vienna on Friday to discuss tensions in the Eastern Mediterranean, the Greek foreign ministry said, amid a dispute between Athens and Ankara over hydrocarbon resources. The meeting between Greek Foreign Minister Nikos Dendias and U.S. Secretary of State …

The United Arab Emirates minister of state for foreign affairs said on Saturday that Turkey should stop interfering in Arab affairs, criticising comments on Libya made by Turkey’s defence minister. Turkish media had reported the Turkish minister making remarks critical of the UAE’s actions over Libya. The UAE, alongside Egypt …

Saudi Arabia’s Industrialization and Energy Services Company (TAQA) announced today the signing of an agreement with AlMansoori Petroleum Services (AMPS). The announcement was made at the opening of this year’s International Petroleum Technology Conference (IPTC), taking place for the first time in the Kingdom of Saudi Arabia. The agreement establishes …

A second Turkish drillship, which is expected to begin drilling for oil and natural gas near Cyprus this week, arrived off the Mediterranean island’s northeastern coast on Monday, Refinitiv Eikon shipping data showed. Last month, European Union leaders warned Turkey to end its gas drilling in disputed waters around the …

Iraq and Oman signed a memorandum of understanding to cooperate in the oil and gas sector, including the possibility of building a shared refinery in Oman for processing imported Iraqi crude, the Iraqi oil minister said in a statement on Thursday. Iraq will aim to export crude to Oman, according …

Dana Gas PJSC has reached an agreement with key holders of $700 million (Dh2.6 billion) of its Islamic bonds to restructure the securities, two people with knowledge of the matter said, possibly ending a legal battle that has unnerved the Islamic finance industry. A committee representing sukukholders, which include BlackRock …

Cybersecurity breaches in the Middle East are widespread and frequently undetected, with 30 per cent of the region’s attacks on the oil and gas sector targeting operational technology (OT), according to a new study by Siemens and the Ponemon Institute. IT systems refer to storage systems, computing technology, business applications …

His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, Thursday received Gurbanguly Berdimuhamedow, President of Turkmenistan. During the meeting held at the Presidential Palace, Shaikh Mohammad and Berdimuhamedow held talks on ways to bolster bilateral relations, global developments …

by Munshi Zubaer Haque India and Iran share ancient civilizational ties that have existed for more than a millennium, the relationship stretches from the times of the Achaemenid Empire till the present and has gradually developed into a defining strategic partnership for Indian foreign policy. Diplomatic relations between India and …

Danish conglomerate AP Moller-Maersk said on Friday it will invest 21 billion kroner ($3.4 billion, Dh12 billion) together with British-Dutch oil producer Shell, among others, to redevelop and extend the production life cycle of Denmark’s largest gasfield in the North Sea. Maersk, whose oil company is being taken over by …

Syria’s government has produced much more power in recent months as the army recaptured natural gas fields from militants, the electricity ministry said on Tuesday. Bassam Darwish, head of the electricity ministry’s planning unit, told Reuters that the amount of gas the petroleum ministry provided to fuel power plants has …

Qatargas has agreed to sell 5.5 million mt of LNG to Shell, amid uncertain demand from its Asian long-term buyers and building diplomatic tensions with its trading partners in the Middle East. Under the sales and purchase agreement, the state-owned producer will supply Shell with 1.1 million mt/year of LNG …

The Daily Star – Israel has been dipping into Lebanon’s offshore oil and gas reserves for years, Hezbollah MP Nawwaf Musawi warned Sunday, days after Parliament Speaker Nabih Berri made a similar statement. “The Israeli enemy had started drilling for oil more than seven years ago,” the MP said in …

The Daily Star – Speaker Nabih Berri vowed Wednesday to take matters into his own hands to stop Israel from stealing Lebanon’s oil and gas. In his weekly meeting with MPs from various blocs, Berri was quoted as saying that Lebanon has been passive while Israel siphons off its oil …