FeaturedOil & GasQatar & Kuwait LNG supply deal: All you need to knowIFM CorrespondentSeptember 5, 2024 by IFM CorrespondentSeptember 5, 2024 In 2020, Kuwait and Qatar agreed to deliver 3 million tons of LNG annually for 15 years starting in 2022, aligning with the current agreement... Read more
FeaturedOil & GasEgypt to receive LNG supplies through Port of Sokhna as summer arrivesIFM CorrespondentJuly 19, 2024 by IFM CorrespondentJuly 19, 2024 In 2023, Egypt's total natural gas production fell to its lowest since 2017, figures from the Joint Organisations Data Initiative show... Read more
EconomyFeaturedQatar GDP growth to slow to 2.3% in 2023 as FIFA effect dies downIFM CorrespondentMay 12, 2023May 12, 2023 by IFM CorrespondentMay 12, 2023May 12, 2023 The NFE will start to increase revenue streams in 2026, adding to Qatar's already robust fiscal and external net asset positions, which will continue to be a key rating strength... Read more
FeaturedShipping and PortsShipping cost soars, courtesy — vessel shortagePrajwal WeleOctober 5, 2022October 4, 2022 by Prajwal WeleOctober 5, 2022October 4, 2022 Xeneta chief analyst Peter Sand stated that shipping this year has been remarkable as a result of the war in Ukraine... Read more
FeaturedOil & GasPetronas signs deal to supply carbon-neutral LNG to China’s ShenergyIFM CorrespondentOctober 1, 2021October 1, 2021 by IFM CorrespondentOctober 1, 2021October 1, 2021 Petronas will make the delivery between October and March next yearPetronas will make the delivery between October and March next year... Read more
EnergyFeaturedOman LNG and Shell to deliver the Sultanate’s first carbon-neutral LNG cargoWebAdminJune 9, 2021 by WebAdminJune 9, 2021 The first carbon-neutral liquefied natural gas (LNG) cargo will be delivered to the Middle East from Oman LNG’s export facility in Qalhat, Sur... Read more
FeaturedOil & GasShell to sell Gasnor as part of its divestment planInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company’s decision to sell its assets comes at a time when it is exploring ways to achieve low-carbon energy... Read more
FeaturedOil & GasKariya Energy seeks to acquire oil and gas assets in Africa nationsInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company will target producing oil and gas assets, in addition to developing small-scale LNG... Read more
FeaturedOil & GasPetronas to cut costs after Q1 profit slumps by 68%Pritam BordoloiMay 25, 2020 by Pritam BordoloiMay 25, 2020 Petronas will cut capex by 21pc and operating costs by 12pc this year... Read more
EnergyFeaturedQatar to build solar project with Total and Marubeni for $467 mnInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 The project is an effort to decrease carbon emissions and increase clean energy production for exports... Read more