Israel’s NewMed Expands Into Bulgaria
Mees
by Peter Stevenson
1d ago
NewMed Energy, which holds a 45.34% stake at Israel’s key 23tcf Leviathan and 30% stake at Cyprus’ 3.5tcf Aphrodite, both operated by US maj ..read more
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Egypt To Raise $104mn From United Bank IPO
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by Nada Ahmed
1d ago
Egypt is set to raise up to E£5.15bn ($104mn) through the sale of a 30% stake in the state-owned United Bank in a partial IPO on the Egyptia ..read more
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Qatar: 2.4GW Power & Desal Deal
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by James Marriot​t
1d ago
Qatar Electricity and Water Company (QEWC), on 26 November announced the signing of a 25-year power and water purchase agreement for the pla ..read more
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Oman: Block 56 Development Plan
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by James Marriot​t
1d ago
Oman’s energy ministry has approved Swedish minnow Tethys Oil’s field development plan for Block 56 (Tethys 65%, Biyaq 25%, Medco 5%, Intag ..read more
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Algeria: Record Oil Demand
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by James Cockayne
1d ago
Algerian oil demand is on pace for a record year with the 9M 2024 figure of 485,000 b/d up 4% year-on-year and 15,000 b/d above last year’s ..read more
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Iran Cuts Iraq Gas Supply
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by Yesar Al-Maleki
1d ago
Iranian gas flows to neighboring Iraq have been cut amidst rising domestic Iranian demand for heating. Iraq’s electricity ministry said on 2 ..read more
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Iraq Faces Deficit Crunch As Opec+ Steps Up Pressure
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by Yesar Al-Maleki
1d ago
Iraq is a chronic Opec+ ‘overproducer’. But pressure to cut output going forward to compensate for this year’s overproduction threatens to l ..read more
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Adnoc: $80bn ‘Low Carbon’ Plans
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by James Cockayne
1d ago
UAE state oil giant Adnoc on 27 November announced “the launch of XRG, a groundbreaking international lower-carbon energy and chemicals inve ..read more
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Qatar Launches Construction On $1.2bn Blue Ammonia Plant For 2026 Start-Up
Mees
by James Marriot​t
1d ago
QatarEnergy has kicked off construction at its 1.2mn t/y blue ammonia plant it says will be “the largest of its kind.” It is part of the com ..read more
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Fertiglobe’s Global Blue Ammonia Ambitions: Can Partner Exxon Get Trump Onside?
Mees
by James Cockayne
1d ago
Adnoc is to transfer its 35% stake in Exxon’s world’s-largest blue hydrogen/ammonia project in Texas to its ‘low carbon ammonia platform’ Fe ..read more
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