New gas reserve discovered in Egypt
London-based SDX Energy has announced the discovery of a new gas deposit in Egypt’s South Disouq, according to a press release. SDX Energy is involved…
Gas
Marc Howson: LNG imports are a credible alternative to gas pipelines
An option of LNG export becomes more relevant in the world gas market. 10 years ago it was hard to imagine that Qatar would export…
Oil and gas situation
Oil Price, Oil Price, Who’s Got The Oil Price? If you’re having a hard time figuring out where the price of oil is heading, don’t…
IEA: Investment in oil and gas is lower than in electricity for the first time ever
Fossils fuels are no longer the largest recipient of investment in the energy sector, the latest report from the International Energy Agency said Tuesday. Investment…
Gas and oil spending continues to drop
Global energy investment fell by 12 percent in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was…
Oil stuck: Brent pinned under $45 – Photo
● Brent crude hovers at 7-month low ● Oversupply concerns rattle oil traders ● European stocks soft, US futures flat ● Chinese equities hit fresh…
Ilham Shaban on why Azerbaijan buys gas from the “Shah Deniz” consortium
In his interview with Natural Gas World Magazine, SOCAR’s (The State Oil Company of Azerbaijan Republic) Vice President for Oil and Gas Transportation and Gas…
Oil extends gains above $52 on tighter U.S. fuel stocks
Oil climbed further above $52 a barrel on Friday, supported by a drop in U.S. fuel inventories, though gains were kept in check by ample…
Saudi Aramco CEO: the company will invest $300 billion in the oil and gas sector
Saudi Aramco will invest $300 billion in the oil and gas sector over the next decade to maintain oil and gas supplies, the company’s CEO…
Qatar’s Barzan gas project ‘to start in November’
Qatar will begin operations at its Barzan gas project in November, two people close to the matter told Reuters on Sunday, as the Gulf state…