QatarEnergy has crossed the finish line for its historic LNG fleet expansion program by inking long-term time charter party (TCP) agreements with the joint venture (JV) of Japan’s Mitsui O.S.K Lines Ltd. (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) Co. Ltd. (CSLNG) for six QC-Max size
With the swift surge in geopolitical upheavals, a rising tide of offshore security risks is playing out across the globe, putting vessels, undersea cables, and offshore oil and gas installations in danger of increasingly becoming sitting ducks for “gray zone” attacks, which WTW interprets as actions
QatarEnergy’s CEO has pinpointed the potential detriments the EU’s new sustainability rules may bring, including energy security woes for the top global liquefied natural gas (LNG) import market, given the high penalties gas and LNG importing club members.
Wave energy developer Eco Wave Power and EDF Renewables have unveiled what is said to be the Middle East’s first grid-connected wave energy power station at Jaffa Port. According to Eco Wave Power, the installation, now operational, has begun exporting clean electricity to the national grid under a
Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Malaysia’s state-owned energy player Petronas for the supply of liquefied natural gas (LNG) from the Ruwais LNG plant.
Two energy giants, Qatar’s state-owned QatarEnergy and UK-headquartered Shell, have inked a new long-term sale and purchase agreement (SPA) with an undisclosed client to deliver liquefied natural gas (LNG) to China.
ADNOC has unveiled XRG, a low-carbon energy, natural gas, and chemicals investment company with an enterprise value of over $80 billion, which is envisioned to power the world with lower-emission energy to enable a more sustainable energy future.
While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rystad Energy, which points out that applying this method to upstream operations has the potential to get rid of over 80% of oil and gas produc
After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.
As time goes by, the zest for a carbon-free world has sparked a seismic shift toward the sphere of environmental sustainability. However, many thorns remain on the path to such a low-emission world, including differing perceptions about the tools to achieve this goal. This is hammered home by the pu
As waves of climate change woes buffet the world mercilessly, the zest to tackle the greenhouse gas (GHG) emissions challenge is spurring global action, with attempts to combat methane being first on the agenda.
COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.
Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The cal
Shelf Drilling has confirmed the receipt of one more notice of temporary suspension of operations for another jack-up rig working off the coast of Saudi Arabia in the Middle East, as Aramco, the country’s energy giant, continues its rig suspension spree.
