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Nakilat’s Q1 profit climbs
News

Nakilat’s Q1 profit climbs

Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported on Tuesday a 13 percent rise in its quarterly net profit. Nakilat said its first-quarter net profit was at 217 million Qatari Riyals ($59.6m) as compared to 191.4 million Qatari Riyals in the same period last

about 8 years ago
OPEC and Non-OPEC oil production cuts break another record
News

OPEC and Non-OPEC oil production cuts break another record

Another record-breaking month of conformity levels with production adjustments during March 2018…

about 8 years ago
Gazprom, Saudi Aramco to form joint coordination committee
News

Gazprom, Saudi Aramco to form joint coordination committee

Russian gas behemoth Gazprom said on Wednesday it would form a joint coordination committee with Saudi Aramco. The move is a part of an agreement signed by Gazprom’s chief executive, Alexei Miller, with Saudi Arabia Energy Minister Khalid Abdulaziz Al-Falih and Saudi Aramco CEO Amin Bin Hassan Nasse

about 8 years ago
Global LNG market to tighten from 2024, QNB says
News

Global LNG market to tighten from 2024, QNB says

Global liquefied natural gas (LNG) markets are expected to be oversupplied until 2022 with capacity utilization forecasted to be in the range of 81-88% on average between 2019-22, but become undersupplied thereafter, according to a report by Qatar National Bank. New LNG supply is expected up to 2020

about 8 years ago
Video: Floating Crane Pierces Hull of a Cosco Tanker
News

Video: Floating Crane Pierces Hull of a Cosco Tanker

Tian E Zuo had its hull punctured by a floating crane, on Friday, April 13.

about 8 years ago
Top news of the week April 9-14
News

Top news of the week April 9-14

Interview: Panama’s first LNG terminal to get commissioning cargo early May Panama’s and Central America’s first liquefied natural gas (LNG) import terminal is set to receive a commissioning cargo from the Sabine Pass facility in the US early May, according to the head of AES in Panama, one of the t

about 8 years ago
Popular news, April 9 – 15, 2018
News

Popular news, April 9 – 15, 2018

The most popular articles of the week.

about 8 years ago
Aftermath of Attack on Bahri’s VLCC: What We Know So Far
News

Aftermath of Attack on Bahri’s VLCC: What We Know So Far

Dryad Maritime provides details on the attack and security picture in the region.

about 8 years ago
Petronet to side with ONGC Videsh in Qatar’s LNG expansion project
News

Petronet to side with ONGC Videsh in Qatar’s LNG expansion project

Petronet LNG, India’s largest importer of liquefied natural gas, is reportedly looking to grab a stake in Qatar’s LNG expansion projects with ONGC’s international arm, ONGC Videsh.

about 8 years ago
Shana: Total set to award South Pars contracts
News

Shana: Total set to award South Pars contracts

French oil giant Total is set to reveal contract awards to oilfield equipment and services suppliers as part of its South Pars Phase 11 project development offshore Iran.

about 8 years ago
Abu Dhabi launches first ever oil and gas licensing round
News

Abu Dhabi launches first ever oil and gas licensing round

As part of Abu Dhabi’s first ever block licensing strategy and on behalf of the Supreme Petroleum Council, ADNOC has launched the details of the initial round of six geographical oil and gas blocks open for bidding.

about 8 years ago
ADNOC poised to boost oil production capacity as 333 graduates exit drilling training center
News

ADNOC poised to boost oil production capacity as 333 graduates exit drilling training center

ADNOC Drilling, an ADNOC subsidiary, on Monday marked the graduation of 333 Emiratis from its Drilling Training Center, as ADNOC evolves to seize the opportunities created by the technology transformation taking place in the oil and gas industry.

about 8 years ago
Popular news, April 2 – 8, 2018
News

Popular news, April 2 – 8, 2018

The most popular articles of the week

about 8 years ago
Austrian OMV next in line to enter ADNOC’s offshore oil fields
News

Austrian OMV next in line to enter ADNOC’s offshore oil fields

OMV is next in line to sign an agreement with UAE’s ADNOC for interest in the Middle Eastern company’s offshore oil fields.

about 8 years ago
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