Energy News
- Nov- 2023 -13 November
PetroChina to replace US Exxon Mobil in Iraq’s West Qurna 1 oilfield
China’s state-owned oil and gas company, PetroChina is to replace US energy giant Exxon Mobil Corp as the lead contractor…
Read More » - 4 November
Azerbaijani SOCAR receives gas exploration license in Israel
Azerbaijan’s state oil company SOCAR, in collaboration with a consortium that includes BP (BP.L) and NewMed, has been awarded a…
Read More » - Oct- 2023 -31 October
Oil price could rise to $150 per barrel, World Bank reports
The World Bank reported that oil prices could be pushed into “uncharted waters” if the conflict between Israel and Hamas widens, which could…
Read More » - 29 October
Qatar Energy and Italian Eni signed 27-years LNG supplies agreement
State-owned QatarEnergy has signed an agreement to supply liquified natural gas (LNG) to Italy’s Eni for a period of 27 years, Reuters reports. According to the report,…
Read More » - 24 October
Saudi Arabia and South Korea to build $2.4 billion worth gas processing plant at the Jafurah field
South Korean companies Hyundai Engineering & Construction and Hyundai Engineering have entered into a deal worth approximately $2.4 billion with…
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