Crude oil edged lower as OPEC dodged calls to raise its production and was still expected to stick to the scheduled 400,000 barrels per day output boost, Australia's ANZ Bank said in a Wednesday note. US President Joe Biden led…
Continue ReadingKenya is on the right track to clean energy by converting heavy oil power plants to liquefied natural gas by 2030. In this context, the state-owned Kenya Electricity Generating Company (Kengen) is planning to conduct a feasibility study to restructure…
Continue ReadingAmid expectations that China's natural gas production will outpace crude oil production by 2050, China witnessed an increase in its natural gas production last September. The country's total natural gas production reached 15.7 billion cubic meters last month, up 7.1…
Continue ReadingJordan depends on importing oil to cover its domestic needs, amid demands to pump more investments into the sector in order to meet the increasing demand for oil derivatives, which costs the country's budget huge sums. In this context, an…
Continue ReadingThe Abu Dhabi National Energy Company "TAQA" and "Marubeni Corporation" "Marubeni" announced today, Thursday, the launch of a partnership to develop a new joint production project for electricity generation and water desalination in Saudi Arabia, in cooperation with Aramco. Sources…
Continue Reading
