“We will engage peer ministries: Energy & Green Transition; Finance, Trade Agribusiness & Industry, Lands & Natural Resources; Employment & Labour Relations, along with the National Development Planning Committee (NDPC), EPA, Energy Commission, and key regulators to align efforts and avoid duplication,” Prof. Klutse said.
The European Commission has added five to the list of cross-border renewable energy projects (CB RES) eligible for financing under the Connecting Europe Facility (CEF) for Energy program, expanding the list to 13 projects.
The National Oil Corp. wants its unit Arabian Gulf Oil Co. to develop discovered gas deposits in the NC-7 block in western Libya, potentially in collaboration with consortium partners Eni SpA, TotalEnergies SE, Abu Dhabi National Oil Co. and Turkish Petroleum Corp., according to a letter from the NOC to Abdul Hamid Dbeibah, the prime minister of Libya’s internationally recognized government.
Malaysia’s Petroliam Nasional Berhad (Petronas) has posted revenues of MYR 132.6 billion ($31.4 billion) for the first half of 2025, versus $41 billion for H1 2024. The company, in its report, attributed the decline to discontinued operations from the Engen Group divestment in May 2024, as well as unfavorable foreign exchange. Petronas also cited lower […]
In effect, a handful of counties in West Texas and southeastern New Mexico have added more new oil supply since 2020 than some OPEC members produce outright — a reminder that the balance of global oil power still tilts heavily toward the Permian.
Gold prices reached an all-time high above $3,500 per ounce due to increased speculation of a September interest rate cut by the US Federal Reserve and ongoing political tensions.
Airtec is a manufacturer and supplier of industrial and speciality gases to the energy, manufacturing and healthcare industries. The acquisition will add to Linde’s operational assets in the region, which include air separation units, carbon dioxide plants and associated infrastructure.
ADNOC has begun drilling horizontal wells and testing oil to the surface at a shale block operated by EOG Resources in the Al Dhafra region of Abu Dhabi, Reuters reported on Tuesday.
Three international consortiums have been invited by the Kuwait Authority for Partnership Projects (KAPP) to submit proposals. They are led by Abu Dhabi National Energy Company (TAQA), Saudi Arabia’s ACWA Power and China Power International.
Argent LNG has formally submitted its request to enter the Federal Energy Regulatory Commission (FERC) pre-filing process, marking a critical regulatory milestone in the development of its 25 million tonnes per annum (MMtpa) liquefied natural gas (LNG) export terminal at Port Fourchon, Louisiana.