Saudi Arabia to Use $110 Billion Gas Field for Blue Hydrogen
Saudi Arabia said it would use one of the world’s biggest natural-gas projects to make blue hydrogen, as the kingdom steps up efforts to export a fuel seen as crucial Continue Reading
Top oil exporter Saudi Arabia targets net zero emissions by 2060
Saudi Arabia’s crown prince said on Saturday that the world’s top oil exporter aims to reach zero-net emissions by 2060 and will more than double its annual target to reduce Continue Reading
Kuwait says drilling, facilities work underway to reverse declining oil production capacity
Kuwait will be able to unlock some 500,000 b/d of potential output capacity in the next two years, the head of its state oil company said Oct. 22, seeking to Continue Reading
Climate change in Iraq poisons Fertile Crescent farmland, empties villages
o one lives here anymore. The mud-brick buildings are empty, just husks of the human life that became impossible on this land. Wind whips through bone-dry reeds. For miles, there’s Continue Reading
EXCLUSIVE Israel considering new pipeline to boost gas exports to Egypt
Israel, Egypt holding talks on new onshore pipeline -ministry New pipeline expected to cost $200 mln -industry sources Pipeline will boost exports by 3 to 5 bcm/year -industry sources LONDON, Continue Reading
Iraq continues uptrend with September crude production surge
Iraq’s countrywide oil output increased 3 percent in September as OPEC-plus quotas rise. Iraqi Drilling Company personnel drill a well at the West Qurna 1 field in Basra in May Continue Reading
Saudis: More Oil From OPEC+ Can’t Solve Global Natural Gas Crisis
Even if OPEC+ were to boost oil supply to the market, as major consuming nations have called for, it wouldn’t have much difference on the global natural gas market, Saudi Continue Reading
Iraq: Oil Could Hit $100 Next Year
Oil prices could hit $100 a barrel during the first half of 2022 amid low global commercial stocks, Iraq’s Oil Minister Ihsan Abdul Jabbar Ismaael said on Wednesday, as carried Continue Reading
Qayarah back online under new agreement
The Qayarah heavy oil field in Ninewa province is back online, after Iraq’s Oil Ministry and operator Sonangol reached another short-term agreement to resume partial production. Roughly 10,000 barrels per Continue Reading
Why Iraq Can, But Won’t, Reach 8 Million Bpd Of Oil Production
Iraq is perfectly capable of producing 8 million bpd of crude oil, or even its original figure of 12 million bpd Officially, according to the EIA, it holds a very Continue Reading