The UAE’s biggest oil company is proposing a new pricing methodology for the sale of crude supplies to term customers, said people with direct knowledge of the matter, opting for an approach that’s more aligned with wider regional trading norms. Abu Dhabi National Oil Co.’s crude-marketing team has spoken with refiners and traders about the […]
Mark your calendars for the Middle East Gas Conference 2025. The global energy community is set to converge in Dubai on December 10 for a unique and landmark event dedicated to shaping the future of natural gas across the region. Petroleum Economist and host sponsor Crescent Petroleum invite you to a high-level discussion on developing regional gas strategies among industry leaders to meet changing domestic energy needs and transform local economies.
Baker Hughes announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the company’s Margham Gas storage project.
The project will provide stability to Dubai’s energy supply by strengthening the system’s ability to switch between natural gas and solar power.
Baker Hughes has secured its largest-ever order for Integrated Compressor Line (ICL) technology with the purchase of 10 units by Dubai Petroleum Establishment on behalf of the Dubai Supply Authority, Baker Hughes announced on Tuesday.
At the COP28 summit in Dubai, nations agreed to move away from fossil fuels.
Natural gas, labeled a “transitional fuel” at the conference, is experiencing a surge that is unlikely to slow any time soon.
Despite having a cleaner image than other fossil fuels, there are still concerns over the environmental impact of expanding the natural gas industry.