Tag: Energy
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Energy security is a major axis for strengthening relations between America and the Gulf states (article)
Read in this article The United States has become one of the largest producers of LNG in recent years America, along with Qatar, has become the world’s two largest exporters of liquefied natural gas The Petrochemical Industry Can Play an Important Role in Transitioning to a Carbon Neutral Society Qatar’s capacity to produce various types…
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UAE’s ADNOC Distribution relies on solar energy and biofuels to reduce emissions
The UAE company, ADNOC Distribution, relies on biofuel and operates fuel stations with solar energy, as part of its plan to reduce its emissions by 25% by 2030. And the Emirati company announced today, Friday, January 20, 2023, by focusing on the sustainability of its daily operations, to enhance its business and future competitiveness and…
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Qatar Energy lowers the price of Al-Shaheen crude oil to the lowest level in 21 months
Qatar Energy Company intends to reduce the official selling prices for Al-Shaheen crude, loading next March, in conjunction with the volatile dealings in the oil markets. Qatar set the future price of Al-Shaheen crude in March at a premium of $1.37 a barrel above Dubai prices, the lowest level since June 2021. The new cut…
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The UAE Minister of Energy reveals the reason for the fluctuations in the gas market (photos)
The UAE Minister of Energy, Suhail Al Mazrouei, confirmed that the conditions in the oil market are balanced on the supply and demand side. He said in press statements on the sidelines of the launch of the activities of the Sustainability Week in Abu Dhabi: “I think that the market is completely balanced, and this…
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What is the appropriate oil price for Saudi Arabia and OPEC +?.. 6 experts answer “Energy”
The decision of the members of the OPEC + coalition to reduce the production ceiling by two million barrels, starting from November (2022) until December (2023), shocked the energy markets, and angered the United States and countries consuming black gold. The aim of the decision was to boost oil prices, which have fallen to levels…
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The Energy Information Administration cuts oil price forecasts by 10% in 2023
The US Energy Information Administration cut oil price forecasts during the current year (2023) by more than 10%, while raising estimates of US crude production. According to the Short-Term Energy Outlook report for January 2023 – issued today, Tuesday, January 10 – it is likely that the average price of West Texas Intermediate crude oil…
