Tag: led
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Iraq is trying to revive oil pipelines with 3 Arab countries, led by Saudi Arabia
Iraq is working to revive oil pipelines with Saudi Arabia, Jordan and Syria, after stopping the flow through Turkey led to a decline in Baghdad’s exports by about 500,000 barrels per day. Baghdad is seeking to find permanent and alternative outlets for its oil exports, amid plans to increase production to 8 million barrels per…
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Shares of major oil companies rise, led by Saudi Aramco
Shares of major oil companies received a significant boost during trading today, Tuesday, March 21, after a number of central banks revealed their intention to inject liquidity into the market to support the banking system. And the stocks of energy companies in the Asian, European and American markets reaped gains again, in conjunction with the…
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Transforming methanol into sustainable aviation fuel led by the UAE’s Total and Masdar
A global coalition of major global and regional energy companies has begun moves to endorse a new pathway to turn methanol into a sustainable jet fuel. Today, Wednesday, January 25 (2023), an alliance comprising the UAE’s Masdar companies, France’s Total Energy, Germany’s Siemens Energy, and Japan’s Marubeni announced the start of procedures for obtaining the…