Tag: gas
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Announcing the latest numbers of oil and gas reserves in Mauritania
A workshop organized by the Ministry of Petroleum, Mines and Energy in Nouakchott revealed the latest numbers of oil and gas reserves in Mauritania. The workshop aimed to present the results of the “promotion and communication” strategy that supports the development of oil and gas projects in Mauritania, according to data seen by the specialized…
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Azerbaijani gas is a haven for Romania to dispense with Russian supplies
Romania signed an agreement to obtain supplies of Azerbaijani gas in order to secure its fuel needs in light of the efforts of European countries to dispense with Russian supplies. The agreement, which was signed by the Azerbaijani oil company SOCAR and the Romanian company Romgaz, includes the transfer of one billion cubic meters of…
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Mauritania grants Total Energy the rights to explore for oil and gas in the coastal basin
Mauritania granted Total Energy the rights to explore for oil and gas in block C15 in the coastal basin, as part of its strategy to develop its hydrocarbon resources. The Ministry of Petroleum, Minerals and Energy said that the Council of Ministers approved, during its meeting yesterday, Thursday, in the city of Rosso, a draft…
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Indonesia’s oil and gas sector is preparing to put up 10 offshore blocks, some of which may excite China
The oil and gas sector in Indonesia is preparing for a recovery in the coming years, amid government plans to launch new offshore blocks, but some of them may raise the sensitivity of China, with which it disputes over the South China Sea. The Indonesian Ministry of Energy is considering offering 10 offshore blocks for…
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An Egyptian company plans to drill 11 wells for oil and gas exploration
The Egyptian Gulf of Suez Petroleum Company “GUPCO” is preparing to start drilling 11 wells for oil and gas exploration, to increase Egypt’s hydrocarbon reserves. Today, Monday, January 30 (2023), Egyptian Minister of Petroleum Tariq El-Molla said, during the approval of the company’s planning budget for the fiscal year (2023-2024), that there is importance to…
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Announcing the date of oil and gas exploration in Lebanon (update)
Oil and gas exploration work in Lebanon, which witnessed the signing of a new agreement today, Sunday, January 29 (2023), is preparing to start within a few days. The CEO of the French company Total Energy, Patrick Pouyanné, said that his company is keen to start work on offshore block 9 as soon as possible,…
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The oil and gas sector in Canada needs to be inspired by the experience of Saudi Arabia and Qatar (article)
Read in this article Qatar has grown its GDP 10 times in just 20 years Western government officials often talk about “just transitions,” emissions caps, and the end of oil Middle East ministers talk about energy diversification and circular carbon economics Like Canada, Qatar and Saudi Arabia want to develop their economies and improve the…
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Gas stations in Italy go on strike to protest accusations of price gouging
Gas station workers in Italy staged a general strike for two days, to protest accusations of price gouging by Italian Prime Minister Giorgia Meloni. Gas station operators announced a nationwide general strike for two days (January 25-26, 2023), according to Bloomberg. Trade unions and gas station owners in Italy are protesting against the new decisions…
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Oil and gas exploration in Zimbabwe is achieving unprecedented results
Australian company Invictus Energy announced the success of its oil and gas exploration operations in Zimbabwe, as part of updating its results from its first well in the country. The company stated that after the completion of the operations of the Mokoyo-1 well, 13 potential areas for oil and gas extraction were identified from the…
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Shock in the oil and gas sector in the Netherlands after the announcement of the cessation of onshore exploration
The oil and gas sector in the Netherlands is preparing to receive an additional deflationary shock, after the government announced the suspension of new onshore exploration activities. Today, Friday, January 20 (2023), the Dutch government announced its readiness to stop research and land exploration activities for fossil fuel sources, according to Reuters. The Dutch government…
