- Joe Barone, Shale Directories
- Blog
- October 28, 2020
Oman LNG exports down 10% so far this year
Omani liquefied natural gas (LNG) exports are 10% lower so far this year than in 2019, but that’s not all bad news for the Middle Eastern country, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 21, 2020
Turkey tops up Tuna-1 gas discovery volumes
Turkey has topped up its Tuna-1 natural gas discovery in the Black Sea by 85 billion cubic meters (Bcm) to 405 Bcm, as it continues the search for its own hydrocarbons, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 9, 2020
IEC claims Chevron stopped supply amid contractual dispute
Israel Electric Company (IEC) is accusing Chevron to have halted its natural gas supplies from the offshore Tamar field, keeping the country’s energy market as a “hostage.”- Joe Barone, Shale Directories
- Blog
- September 18, 2020
Kuwait’s Al-Zour LNG terminal to start next year
Completion of Kuwait’s Al-Zour liquefied natural gas (LNG) importing terminal is said to be late by a quarter, with commissioning expected next year.- Joe Barone, Shale Directories
- Blog
- September 15, 2020
Kurdistan’s first gas capture, injection project hits milestone
Kurdistan’s first gas capture and injection project has reached the one billion cubic feet (Bcf) gas injection milestone, after commissioning in mid-2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 11, 2020
Turkey may save up to $21B with new gas discovery: Rystad
Turkey could save up to $21 billion in import costs with the future development of its giant Tuna-1 gas discovery, according to an analysis by Rystad Energy.- Joe Barone, Shale Directories
- Blog
- September 11, 2020
Turkish natgas demand set to rebound
Turkish natural gas demand is anticipated to recover thanks to industrial and residential demand growth, Kallanish Energy learns from a new analysis.- Joe Barone, Shale Directories
- Blog
- September 8, 2020
ACWA completes funding for 900MW UAE solar farm
Saudi utility company ACWA Power has finalized funding agreements for the development of a 900-megawatt (MW) solar photovoltaic (PV) solar park in Dubai, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 2, 2020
Saudi Aramco makes two oil and gas discoveries
Saudi Aramco has made two new oil and gas discoveries in northern Saudi Arabia, according to the country’s official news agency SPA.- Joe Barone, Shale Directories
- Blog
- September 2, 2020
Greece, Turkey continue clashes over east Mediterranean waters
Greece on Tuesday called on Turkey to “desist from daily rants” and work towards security and stability in the region, as the countries clash over hydrocarbon resources rights.- Joe Barone, Shale Directories
- Blog
- August 25, 2020
Saudi Aramco builds new unit for corporate development
Saudi Arabia’s oil giant Saudi Aramco has created a new unit to optimize the company’s portfolio and focus on growth opportunities, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 25, 2020
Syria restarts power supply after gas pipeline explosion
Repairs work and the normalization of power supply have started in Syria, after an explosion on the Arab Gas Pipeline at dawn on Monday caused a blackout in the country.- Joe Barone, Shale Directories
- Blog
- August 13, 2020
Chevron confirms EastMed assets major driver in Noble’s merger
Chevron and Noble Energy confirmed on Tuesday the driving force behind their proposed $5.08 billion merger has been Noble’s Eastern Mediterranean assets, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 30, 2020
Turkey tests 20% hydrogen-gas blend for heating
Turkey is studying the safety of a 20% hydrogen blend into the domestic gas network to be used for heating, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- July 21, 2020
Israel’s Leviathan gas field production hit by declining demand
Israel’s offshore Leviathan gas field experienced declining gas production volumes and prices in Q2 2020, following a drop in regional demand as a result of the Covid-19 pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 17, 2020
Middle East to remain major petrochemicals player post-pandemic
The Middle East is set to remain a key supplier of petrochemicals post-Covid-19, despite the current negative outlook caused by the pandemic, according to GlobalData.- Joe Barone, Shale Directories
- Blog
- July 15, 2020
Saudi Aramco restructures downstream business
Saudi state oil company Saudi Aramco announced on Tuesday it’s reorganizing its Downstream business into four commercial units, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 8, 2020
Air Products to build $5B ammonia project in Saudi Arabia
Air Products announced on Tuesday it will form a joint venture to build a $5 billion world-scale hydrogen-based ammonia plant in Saudi Arabia’s planned city of Neom.- Joe Barone, Shale Directories
- Blog
- July 8, 2020
UAE’s largest gas-fired power project reaches financial close
Abu Dhabi National Energy Company (TAQA) announced Tuesday the project to build the largest independent gas-fired power plant in the UAE has reached financial closing, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 3, 2020
Botas to discount natgas prices to Turkish industry
Turkish state-owned company Botas will reduce its natural gas prices to industrial customers in a bid to help the country to boost an economic recovery, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 1, 2020
Leviathan partners ink new domestic gas deal
The partnership developing Israel’s Leviathan offshore gas field has inked a new domestic supply, increasing the number of local deals to 14, the companies said on Tuesday.- Joe Barone, Shale Directories
- Blog
- June 24, 2020
Snam, investment funds buy 49% stake in Adnoc gas pipeline assets
Italy’s energy infrastructure operator, Snam, has partnered with five international funds to invest in a 49% stake in Adnoc Gas Pipelines, in a deal valuing the Abu Dhabi company in $20.7 billion.- Joe Barone, Shale Directories
- Blog
- June 11, 2020
MENA LNG projects to face delays: analyst
Liquefaction projects in the Middle East and North Africa (MENA) region are likely to be put off due to the economic slowdown brought up by the Covid-19 pandemic, according to analytics company GlobalData.- Joe Barone, Shale Directories
- Blog
- June 10, 2020
Iranian gas flows to Turkey to resume in July: official
Iranian natural gas exports to Turkey are expected to resume next month, the head of the Iranian Gas Transmission Company told Iran’s energy ministry news service, Shana.- Joe Barone, Shale Directories
- Blog
- May 27, 2020
Aramco’s Bahri shelves LNG-tanker charter plan: report
Saudi Aramco’s shipping arm Bahri is said to have shelved plans to charter up to 12 liquefied natural gas (LNG) tankers, following a delay in final investment decision (FID) for the Port Arthur LNG project.- Joe Barone, Shale Directories
- Blog
- May 26, 2020
QP presses ahead with LNG expansion, global growth
Qatar Petroleum said last week it continues to press ahead with its liquefied natural gas (LNG) expansion, despite lower gas demand and expected capex cuts, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 26, 2020
Shell in talks with Iraqi government over BGC
Royal Dutch Shell is in talks with the Iraqi government to agree a plan for its operated Basrah Gas Company (BGC), following the evacuation of its staff.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
Adnoc Gas Processing starts tender for $1.5B terminal expansion
Adnoc Gas Processing has started looking for interested contractors to bid for work on the expansion of Asab 1 and 2 gas terminals.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
Qatar set to struggle in ‘lose-lose’ conundrum: report
Qatar is poised with a “lose-lose” situation as the global gas markets face their own turmoil, amid weak demand, low prices and high storage levels.- Joe Barone, Shale Directories
- Blog
- May 13, 2020
Valeura looks for M&A opportunities amid industry turmoil
Canadian-based, Turkish-focused natural gas company Valeura Energy said on Tuesday it is exploring potential merger and acquisitions opportunities to take advantage of current market conditions.- Joe Barone, Shale Directories
- Blog
- April 17, 2020
Qatar Petroleum starts drilling mega-project
Qatar Petroleum has kicked started its 80-well drilling campaign for the North Field expansion project, now known as North Field East Project (NFE), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 8, 2020
Qatar Petroleum to continue LNG expansion plans
Qatari state-owned oil company, Qatar Petroleum, will continue its domestic and international expansion agenda, despite the ongoing global havoc caused by the coronavirus pandemic.- Joe Barone, Shale Directories
- Blog
- April 8, 2020
Qatargas uses boil-off gas to power LNG tankers
Qatargas said on Tuesday it has started a program to use the so-called LNG boil-off gas to power its chartered conventional LNG vessels during unloading operation in Japan.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Energean secures gas prices for 70% of output
Israeli gas-focused company Energean said Tuesday it’s well-placed to weather the challenges currently posed to the industry, and its Edison acquisition will shield the company from price volatility.- Joe Barone, Shale Directories
- Blog
- March 12, 2020
Saudi Arabia, UAE to flood oil markets in April
As the coronavirus outbreak is declared a pandemic by the World Health Organization, Saudi Arabia and the UAE announced they are increasing crude supply to the market in April by around 3 million barrels per day (Mmbpd), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 5, 2020
Jazeera eyes new sizes, markets, foresees economic rebound
Gulf Cooperation Council economies should rebound in 2020-2021 following a weak spell in 2019, with around 2% annual growth forecast in each of the six nations, according to Al Jazeera Steel.- Joe Barone, Shale Directories
- Blog
- February 25, 2020
Oman plans to install offshore wind farms in Arabian Sea
Oman reportedly is planning to build offshore wind farms in the Arabian Sea, a plan that complements the country’s desire to install and increase high power generation capacity from renewable resources, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- February 18, 2020
Qatar delays partnerships for natgas expansion
Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas (LNG) project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources told Reuters.- Joe Barone, Shale Directories
- Blog
- February 18, 2020
The UAE OKed to operate 1st nuclear power plant
The United Arab Emirates independent nuclear regulator Monday issued the operating license for Unit 1 of the country’s $24.4 billion Barakah Nuclear Power Plant, the first nuclear power plant in the Middle East, CNBC reported.- Joe Barone, Shale Directories
- Blog
- January 23, 2020
BP pulls out of Iraq’s Kirkuk field as expansion plans stall
BP has pulled out of Iraq’s giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on the field’s expansion, three sources told Reuters.- Joe Barone, Shale Directories
- Blog
- January 13, 2020
Aramco raises IPO to record $29.4B by share over-allotment
Saudi Arabia-owned Saudi Aramco said Sunday it had exercised its over-allotment to sell an additional 450 million shares in the oil giant, raising the size of its initial public offering to a record $29.4 billion, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- December 23, 2019
Possible drone attacks hit 3 O&G facilities in Syria
Near-simultaneous attacks believed to have been carried out by drones hit three government-run oil and gas installations in central Syria, state TV and the Syrian Oil Ministry said last Saturday.- Joe Barone, Shale Directories
- Blog
- December 9, 2019
US crude posts best week since June, on Opec+ news
Crude oil rose Friday as Opec+ agreed to raise production cuts another 500,000 barrels a day through March 2020, bringing total production cuts to 1.7 million barrels a day, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 11, 2019
Aramco will offer less than 1% of shares to individuals
Saudi Aramco will sell up to 0.5% of its shares to individual investors in what could be the largest initial public offering in history, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 5, 2019
7 BBbls of oil found in new Abu Dhabi reserves
The UAE’s Supreme Petroleum Council Monday announced a new pricing mechanism for Abu Dhabi National Oil Co. (Adnoc) Murban crude oil, which will be listed on “an exchange,” the Gulf News Web Report reported.- Joe Barone, Shale Directories
- Blog
- October 30, 2019
Aramco to begin planned IPO on Nov. 3: sources
Saudi Aramco aims to announce the start of its initial public offering on Nov. 3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month to give advisers time to secure anchor investors.- Joe Barone, Shale Directories
- Blog
- October 28, 2019
Trump wants deal with XOM, or others to tap Syrian oil
President Trump said Sunday he’s interested in making a deal with ExxonMobil or another producer to tap Syrian oil reserves, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 22, 2019
Aramco delays planned IPO until post-earnings update
Saudi Aramco has delayed the planned launch of its initial public offering in hopes pending third-quarter results will raise investor confidence in the world’s largest oil firm, two sources familiar with the matter told Reuters.- Joe Barone, Shale Directories
- Blog
- October 15, 2019
Iran says it discovered a gas reserve worth $40B
Iran announced Sunday it’s discovered a new natural gas reserve with the capacity to produce nearly 400 million barrels (Mmbbl) of gas condensate, which could generate $40 billion of revenue, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 23, 2019
Iran responsible for ‘attack against the world’: Saudi official
Iran’s recent warnings to Saudi Arabia are “ridiculous” and “laughable,” Saudi minister of State for Foreign Affairs Adel al-Jubeir told CNBC Friday, amid investigations by the kingdom tying Iran to a major attack on its oil facilities.- Joe Barone, Shale Directories
- Blog
- September 11, 2019
Iraq will comply with Opec cuts, minister says
Iraq will immediately comply with Opec production cuts after months of overproduction, its oil minister told CNBC Tuesday. The second-largest crude producer in the 14-member cartel is known to chronically overproduce even as the group tries to curb output to help prop up prices, Kallanish energy reports.- Joe Barone, Shale Directories
- Blog
- September 3, 2019
Saudi Arabia splits energy, industry ministry
Saudi Arabia has announced a reshuffling in its former most important ministry – the Energy, Mineral Resources and Industry Ministry – as the kingdom prepares for a transformational future, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 13, 2019
On-off Saudi Aramco IPO ‘back on’
Saudi Aramco’s on-off-on-again initial public offering is being accelerated, according to the Wall Street Journal, though it remains unclear when the listing may happen.- Joe Barone, Shale Directories
- Blog
- August 1, 2019
Iran ready to export gasoline, natgas if can’t export crude
With U.S. sanctions on its crude oil seriously crimping exports, Iran has turned to gasoline and natural gas exports to boost its economy.- Joe Barone, Shale Directories
- Blog
- July 31, 2019
Sovereign wealth fund GIC joins BlackRock, KKR in Abu Dhabi
Singapore sovereign wealth fund GIC has joined international investors BlackRock and KKR in an oil pipeline partnership with Abu Dhabi’s National Oil Co.- Joe Barone, Shale Directories
- Blog
- July 8, 2019
Delek says gas exports to Egypt by year’s end
Israel’s Delek Drilling said it has completed testing of a subsea natural gas pipeline to Egypt, but commercial sales by June 30 did not occur as originally projected, Kallanish Energy understands.- Joe Barone, Shale Directories
- Blog
- July 3, 2019
Russian minister says Persian Gulf tension not Iran’s fault
Russian energy minister Alexander Novak said Tuesday Iran isn’t the cause of instability in the Persian Gulf, and sanctions against the country are “unlawful,” CNBC reported.- Joe Barone, Shale Directories
- Blog
- May 8, 2019
Iraq planning $53B megaproject with Xom, PetroChina
Iraq is planning a $53 billion megaproject with global energy giants ExxonMobil and PetroChina to use seawater from the Persian Gulf to boost oil production, Iraqi prime minister Adel Abdul-Mahdi announced Tuesday, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- April 10, 2019