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oil and gas

Jan 22

Middle East Tensions to be Diminishing Factor in Oil Prices

Middle East Tensions to be Diminishing Factor in Oil Prices

Just as tensions in the Middle East began to escalate, it seemed that regional, political and military factors will significantly influence oil price increase in the long term. Yet, it proved that no more than a week after a partial relief, crude oil prices are 10 % down, Gulf Brokers reported.

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Jan 22

Dream Chasing 20 years, Anton Oilfield Services Group to Embark on a Road Ahead

Dream Chasing 20 years, Anton Oilfield Services Group to Embark on a Road Ahead

Anton Oilfield Services Group, an international integrated oilfield service company, had an anniversary gala with about 500 guests in Beijing on January 19th, 2020 to celebrate their 20 years of achievement.

From"...

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Jan 21

SNC-Lavalin awarded oil and gas contract from Al Dhafra Petroleum, United Arab Emirates

SNC-Lavalin awarded oil and gas contract from Al Dhafra Petroleum, United Arab Emirates

SNC-Lavalin announces that it has been awarded an engineering services contract from Al Dhafra Petroleum, a joint venture company between ADNOC and the Korea National Oil Corporation and GS Energy. This contract win is aligned with SNC-Lavalin’s new strategy moving forward to greater"...

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Jan 18

Oil Importing Companies: Sufficient amounts of gas to meet country's needs

Oil Importing Companies: Sufficient amounts of gas to meet country's needs

NNA - The Association of Oil Importing Companies said in a statement on Thursday that oil importing companies deliver daily to markets a quantity equivalent to 1,300 tons of liquid gas, which exceeds the quantities delivered in the same period last year by 50%.


The companies"...

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Jan 18

Boustani signs decree on household gas importation

Boustani signs decree on household gas importation

NNA - Caretaker Water and Energy Minister Nada Boustani on Friday announced during a press conference held at the Ministry that she had signed a decree instructing Lebanon Oil Installations to import household gas for the domestic market.

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Jan 12

Ministry of Energy: Power supply to return gradually on Saturday

Ministry of Energy: Power supply to return gradually on Saturday

NNA - The media office at the Ministry of Energy and Water on Thursday explained in a statement that due to the great difficulties faced by Electricite Du Liban to open the required credits for the purchase of fuel and gas oil materials to operate power plants, coupled with the storm that"...

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Jan 09

London, New York mayors urge cities to divest from fossil fuels

London, New York mayors urge cities to divest from fossil fuels

LONDON: The mayors of New York City and London have urged other cities to divest their pension funds from fossil fuel producers, as they introduced a toolkit to help cities shift investments away from companies that drive climate change.

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Jan 08

Russia dominates gas markets by default

Russia dominates gas markets by default

Conflicts in the global gas markets have intensified, especially after Qatar’s failure to establish a gas export organization similar to Opec. Natural gas is especially important given its increasing leverage in global energy balance as a basic component of relatively clean energy.

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