- Index : Middle East Oil and Gas
Middle East Oil and Gas
- Ambitious investment projects now under way are set to prove that carbon capture and storage is a viable substitute for the vast amount of natural gas currently re-injected into oil reservoirs. Abu Dhabi anticipates that its $15bn Masdar Initiative to advance renewable energy use will see commercially viable projects made reality in the near future.
- United Arab Emirates: Monday, May 12 - 2008 at 12:40
- This week oil tripped past the $120 a barrel barrier. Yet it was only in January this year that we saw $100 oil for the first time, and this column wondered if that level would hold or mark a peak.
- Middle East: Wednesday, May 07 - 2008 at 15:13
- Abu Dhabi which ranked as the world’s third largest oil exporter in 2007, after Saudi Arabia and Russia, is surging ahead with a $20bn oil and gas development programme. This is targeted at raising crude production capacity from 2.7 million barrels-a-day to 3.5 million b/d in the next three years and up to four million b/d by 2015.
- United Arab Emirates: Monday, April 21 - 2008 at 15:09
- Saudi Aramco is aiming for sustainable oil production capacity of 12.5 million barrels-a-day by the end of 2009 from around 11 million b/d capacity at present as a result of the huge investment in exploration and field projects under way.
- Saudi Arabia: Thursday, March 06 - 2008 at 00:09 |
- One of the hottest topics in the energy industry is the debate about peak oil, which refers to the point in time when global oil production goes into terminal decline. Estimates vary widely as to when peak oil will occur. The US and UK officially say peak oil will not happen before 2030. Others, like oil expert author David Strahan, believe it will happen much sooner.
- Middle East: Thursday, February 07 - 2008 at 15:01 |
- A $2bn a day question for the Middle East as that is how much oil at current highs is worth to the region. Yet turn the clock back a year and oil was at $50 a barrel. Has very much changed since then to justify a doubling of prices and can it be sustained?
- Middle East: Monday, January 07 - 2008 at 09:06 |
- An agreement between the Pars Oil and Gas Company and Malaysia’s SKS to develop Iran’s southern Golshan and Ferdows gas fields has been hailed by Iranian Oil minister Gholamhossein Nozari as the biggest investment yet in the country’s oil and gas industry.
- Iran: Saturday, December 29 - 2007 at 15:06 |
- In spite of looming international sanctions, Iran, which ranks as Opec’s second biggest oil exporter, is sounding confident that it can continue to develop its hydrocarbon industry without traditional partners.
- Iran: Monday, December 03 - 2007 at 14:27 |
Index : Middle East Oil and Gas
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