Global gas demand is forecast to grow by 2.5 per cent, or just over 100 bcm, primarily driven by fast-growing Asian markets, according to the Gas Market Report, Q3 2024, by the Paris-based International Energy Agency (IEA). Global gas demand growth is expected to fall below 2 per cent y-o-y in the second half of...
Haitham Al Ghais, Opec Secretary General, said the international organisation does not believe that energy sources are locked in a zero-sum game, reported WAM. “Reality tells us that oil does not operate in isolation, cut off from other sectors and industries. Rather, such is the versatility of petroleum and petroleum-derived products that they play an...
NMDC Group has secured a contract worth more than $200 million from the Abu Dhabi National Oil Company (Adnoc) for crucial marine dredging works for the Ruwais LNG Project. This project introduces the first LNG export facility in the Middle East and Africa to use clean energy. The contract encompasses extensive dredging operations, involving the...
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