Qatar’s energy exports are unlikely to get a boost even as the almost four-year rift between Doha and three Gulf countries is set to ease with the Qatari Emir attending Continue Reading
Qatar’s total exports dropped by 35.5 percent year over year in the third quarter, dragged down by a 38.5-percent slump in exports of energy commodities and products, one of the Continue Reading
Oil and gas producer Qatar will base its budget on an oil price of $40 a barrel—lower than the actual expected price—in order to protect its finances from volatility in Continue Reading
The current energy market crisis could benefit Qatar and fuel a second gas boom, PwC said in a report, as cited by the Gulf Times. The world’s top exporter of Continue Reading
Qatar told government-funded entities to cut spending on non-Qatari staffers’ wages as it tries to shore up its finances to cope with the impact of the coronavirus pandemic. The Ministry Continue Reading
Despite – or perhaps because of – the global overhang in liquefied natural gas (LNG) supplies, a weak demand profile, and ongoing uncertainty in the hydrocarbons market overall, Qatar believes Continue Reading
Qatar is pushing back the start-up of the first phase of its North Field LNG Expansion Project by up to six months so that it will now enter production in Continue Reading
One of the biggest liquefied natural gas (LNG) exporters, Qatar, is working with importers in China to reschedule or re-route some oil and gas cargoes to the world’s second-largest LNG Continue Reading
Qatar plans to develop a 800 MW solar power plant near the capital Doha, in partnership with France’s Total and Marubeni of Japan as the Middle East state accelerates its Continue Reading
Volkswagen AG and the Qatar Investment Authority (QIA) are partnering in Project Qatar Mobility, which will put a fleet of self-driving Level 4 electric shuttles into operation in the Qatar Continue Reading
One of the many disasters for Saudi Arabia that has come after the accession of Crown Prince Mohammad bin Salman (MbS) as its effective leader was the ostracism of neighboring Continue Reading
It was 116 degrees Fahrenheit (46.7 degrees Celsius) in the shade outside the new Al Janoub soccer stadium, and the air felt to air-conditioning expert Saud Ghani as if God Continue Reading
The world’s top liquefied natural gas (LNG) exporter Qatar has recently commissioned the largest carbon dioxide (CO2) recovery and sequestration facility in the Middle East and North African region, Saad Continue Reading
Chevron Phillips Chemical and Qatar Petroleum signed an agreement on Tuesday to develop an $8 billion petrochemical plant along the U.S. Gulf Coast, the second pact between the companies to Continue Reading
Qatar Petroleum signed an agreement with U.S. oil major Chevron on Monday to develop a new petrochemicals complex at Ras Laffan Industrial City. Chevron will own a 30% stake in Continue Reading
Qatar plans to use money from its sovereign wealth fund to diversify its energy mix, its Finance Minister, Ali Shareef Emadi, said at the Petersburg International Economic Forum as quoted Continue Reading
Tiny gas-rich Qatar is pushing through with its plans to solidify its top spot as the world’s largest liquefied natural gas (LNG) player both in terms of liquefaction capacity and Continue Reading
Qatar Petroleum said Monday it has issued an invitation to tender for the construction of more than 100 LNG vessels to help meet its expected output increase to 110 million Continue Reading
Qatar is solidifying its hold as the top global LNG exporter. The tiny, gas-rich kingdom caught the energy world by surprise in late 2017 when it announced that it would Continue Reading
Worldwide demand for liquefied natural gas (LNG) will increase at a rate of 2 percent every year in the next fifteen years, the chief executive of one of the world’s Continue Reading
By now it should be evident that the Saudi-led economic and political boycott of tiny, gas-rich Qatar has caused Doha to push back and chart its own course. A Saudi-led Continue Reading
Qatar’s Minister of Commerce and Industry said on Sunday that the country’s trade surplus reached $52 billion in 2018. This amount comes as the gas-rich kingdom pushes back against a Continue Reading
Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG) export facility Continue Reading
The capacity expansion of the world’s largest liquefied natural gas (LNG) exporter, Qatar, has attracted a lot of interest, and oil and gas majors who are Qatar’s long-standing partners, as Continue Reading
It’s been well noted on my OilPrice.com posts over the past year that President Donald Trump isn’t happy with where and even how much of Europe procures its natural gas. Continue Reading
Qatar is continuing to make energy headline news. The tiny kingdom is forging its own path even at the expense of recently pulling out of OPEC to focus on its Continue Reading
Qatar Petroleum bought from Italy’s Eni a 35 percent interest in three offshore fields in Mexico’s Campeche bay area 1, estimated to yield over 100,000 barrels of oil by 2021. Continue Reading
State energy major Qatar Petroleum is looking to invest as much as US$20 billion in LNG projects in the United States over the next few years, Reuters reports , citing Continue Reading
Even before taking over Qatar’s energy policy in a government reshuffle last month, Qatar Petroleum (QP) CEO Saad al-Kaabi had long wanted the Gulf state to leave OPEC. Kaabi was Continue Reading
Quitting OPEC the week of one of its most intensely watched meetings was not meant to be a slap in the face to the organization, nor a statement against geopolitical Continue Reading
Qatar said it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader of the oil exporting group which is trying to show Continue Reading
Qatar’s withdrawal from OPEC is a surprise for Oman’s oil minister Mohammed bin Hamad Al Rumhi, who said in an interview with S&P Global Platts on Monday that Qatar might Continue Reading
OPEC’s future is once again up in the air after the decision by Qatar to leave the oil cartel on January 1 2019. Saad Al Kaabi, Qatar’s minister of energy, Continue Reading
Qatar said on Monday it was quitting OPEC from January 2019 but would attend the oil exporter group’s meeting this week, saying the decision meant Doha could focus on cementing Continue Reading
Qatar Energy Minister Saad al-Kaabi said the country would withdraw from the organization by January 2019 at a press conference Monday, state-run company Qatar Petroleum said on its Twitter account Continue Reading
Qatar plans to quit Opec next year as relations with its Arab neighbors sour, ending a near-six decade long membership of the oil price cartel. The emirate’s oil minister told Continue Reading
On November 7 Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the deputy prime minister and minister of foreign affairs, announced that Doha was looking to expand trade and investment Continue Reading
Qatar Investment Authority will pay some US$4.2 billion ( 3.7 billion euro ) for a 14.16-percent stake in Russia’s biggest oil producer Rosneft, thus becoming the third-largest single shareholder after Continue Reading
Qatar plans to increase its liquefied natural gas production capacity by 43 percent to 110 million tons annually, S&P Global Platts reports , citing the country’s Energy and Industry Minister. Continue Reading
Qatar, the world’s largest LNG producer, is on track to expand its LNG production capacity by around 43% to 110 million mt/year, Mohammad Bin Saleh Al-Sada, Minister of Energy and Continue Reading
The breakeven price for Qatari crude oil has risen to US$47.10 per barrel this year from US$24.20 a barrel ten years ago, a Gulf think-tank has calculated. The Gulf Times Continue Reading
The head of Qatar Petroleum, Saad al-Kaabi, on Tuesday warned there would be a significant shortage of LNG on global markets sooner than expected as he reaffirmed the company’s plans Continue Reading
The new export capacity, with projects to be completed in 2024, is expected to bring in billions of dollars more to the state coffers of the tiny gas-rich country, which Continue Reading
PetroChina has just inked a deal to buy 3.4 million tonnes per annum (mtpa) of LNG from QatarGas in a move representing the Chinese firm’s largest ever to date LNG Continue Reading
Qatar’s energy minister on Thursday called for oil-producing countries to boost investment in the oil and gas sector given a recovery in the price of oil, but said he did Continue Reading
A senior Saudi official has appeared to confirm Riyadh’s plans to dig a canal separating Qatar from the mainland, turning it into an island. Qatar has been diplomatically isolated from Continue Reading
The higher oil prices and the subsequent higher oil revenues play a part in a significantly improved outlook for the state finances and trade balances of the Arab Gulf countries, Continue Reading
The OPEC meeting on June 22nd could become a major showdown of internal conflicts. The media has been focusing on the possible split between the Arab producers and Iran, and Continue Reading
Recovering from political disputes, a $10 per barrel increase in the price of oil could add about 4 percent to GDP from gas-rich Qatar, Fitch Ratings reported. Qatar is the Continue Reading
Saad Sherida al-Kaabi (R), president & CEO of Qatar Petroleum, signs an agreement with Andrew Swiger, the principal financial officer of Exxon Mobil, for a stake in shale gas in Continue Reading
