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Wednesday, June 26, 2019

HYDROCARBONS

Curbed human rights in Egypt protect multinationals’ investments

In the year of 2016, Egypt saw the peak of U.K’s investment in the country, whereby topping at $30 billion. However, the influence was not used to channelize Egyptian behaviour and the U.K. gave...
Lebanese offshore reserves

Hydrocarbon exploration could start in early 2019

Hydrocarbon exploration is taking a lead towards developing Lebanon’s economy. The Ministry of Energy & Water along with the Lebanese Petroleum Administration (LPA) have announced that bidding for the second licensing round...
natural gas, Lebanon, LNG,

Natural gas becomes priority for Lebanese power sector

Lebanon will make natural gas as the primary source of energy in its power sector, informed Cesar Abi Khalil, the Energy Minister of Lebanon. There are plans of installing “three floating LNG...
Sonatrach Algeria

No more brain drain: Sonatrach’s new leadership team

Brain drain in Alegeria is real. In order to stop and reverse the flow of talent from leaving the country, the CEO of Algeria’s Sonatrach, a state-owned oil firm, has assembled a new leadership...
Strait of Hormuz, strategic, Iran, crude oil, LNG,

Strait of Hormuz: Its strategic importance for sea-borne oil

The Strait of Hormuz, a strategic artery which links producers of crude oil from the Middle East to markets in the Asia Pacific region, Europe, North America and beyond, is of strategic importance to...
Iran, China, relations,

Iran-China relations likely to expand in near future

With U.S. President Donald Trump withdrawing the United States from the 2015 landmark nuclear accord with Iran that was brought about by his predecessor Barrack Obama, Iran’s Foreign Minister along with Javad Zarif, one...

Qatar Petroleum agrees to purchase 30% stake in Exxon Mobil’s Argentinian arm

In what is Qatar Petroleum’s first deal in Argentina, Qatar’s state-owned energy giant has signed an agreement to acquire a 30% stake in Exxon Mobil hydrocarbon affiliates in Argentina. The deal, was formally signed by...

Iran details conditions for sticking to 2015 nuclear deal

On Tuesday, Iran is set to inform the United Nations’ nuclear body that it will begin the process of increasing its capacity to produce uranium hexafluoride, a key ingredient for enriching uranium. Following U.S. President...
Lebanon, strategic, strategy, domestic, gas production, LNG, liquified natural gas, energy minister, Cesar Abi Khalil,

Lebanon’s domestic gas production policy

Domestic gas production in Lebanon is set boom with the country’s energy minister Cesar Abi Khalil saying Lebanon plans on starting new rounds of offshore explorations to develop domestic gas in 2019. In fact, Lebanon aims...
Iraq, crude oil exports, Iraqi, crude, oil, exports, Oil Minister, Thamer Ghadhban, output, southern, oilfields,

Iraq’s crude oil exports to jump in 2019

Crude oil exports from Iraq is set to jump om 2019, said the country’s Oil Minister Thamer Ghadhban. He went on to add, Iraq is focused on boosting the output from its...