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Energy
Petrojet, Sonatrach sign MoU for joint venture in Algeria
Petrojet and Algeria's state-owned Sonatrach signed a memorandum of understanding (MoU) on Sunday, to explore…
Satellite images show Russian LNG vessel bypasses sanctions
A large vessel docked at Russia’s Arctic LNG export plant last week, satellite images reveal, potentially…
World Bank, AfDB to provide electricity for 300m Africans by ’30
The World Bank Group and African Development Bank (AfDB) have launched an initiative to provide electricity to 300…
National consortium injects $660m to drive Egypt’s petrochemical growth
The Egyptian Petrochemicals Holding Company (ECHEM), Sidi Kerir Petrochemicals Company (SIDPEC), the Egyptian…
Egypt plans $7b petrochemical project with Shard Capital
The Egyptian government is advancing a major petrochemical investment project with an estimated cost of $7 billion.
Leviathan offshore gas project to receive $429m investment
Partners in the Israeli Leviathan offshore gas project have approved a $429 million investment to expand the field…
US oil, gas demand rise while output falls in May
US oil demand surged to a seasonal record in May, with total crude oil and petroleum product supplied reaching…
Asia’s crude oil imports hit two-year low
Asia's crude oil imports fell to their lowest level in two years in July, driven by weak demand in China and a…
Japan’s crude oil imports rise in June
Japan's crude oil imports demonstrated notable trends and shifts in June, totaling 9,927,637 kiloliters (kl).
New data demands 80% methane reduction from US oil and gas
New aerial survey data has revealed a stark reality for the US oil and gas industry: methane emissions are far…
