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Uniper, RWE Close to Long-Term LNG Agreements with Qatar
According to three sources with knowledge of the situation, German utilities RWE and Uniper are close to finalizing long-term agreements to purchase LNG from Qatar's North Field Expansion project to help replace Russian gas, Reuters reported.
EGAS Explores Investment Opportunities in Offshore Wind Energy
Samir Elkareish, Vice Chairman for Energy Sustainability at Egyptian Natural Gas Holding Company (EGAS), has affirmed the Ministry of Petroleum and Mineral Resources' interest in the energy strategy of Egypt 2035 which is under updates until 2040, aiming to expand the use of new and renewable energy and increasing its share in the energy mix.
El Molla Sheds Light on Egypt’s COP27 Preparations at GECF Meeting
Tarek El Molla, Minister of Petroleum and Mineral Resources, has participated via video conference in the first coordination meeting of the Gas Exporting Countries Forum (GECF) to prepare for the 27th United Nations Climate Change Conference (COP27), to be held in November in Sharm El Sheikh.
Wael Sawan Named as Shell’s New CEO
Wael Sawan will succeed Ben van Beurden as Shell's CEO when he steps down at the end of 2022, according to a statement from Shell plc.
Natural Gas Empowers Energy Transition Economy
As the energy transition is in full swing and research in renewable energy technologies has brought about the possibility of new ways of living sustainably, the fate of natural gas has come into question. Natural gas has had its fair share of criticism, but perhaps a more objective look at alternative views would reveal that the picture is more complex. Gas can play a number of different roles as an energy source in various regions and markets, depending on the needs of those particular areas, and can even be the ideal fuel to set the foundations for a low carbon energy transition while stimulating economic growth. Given the number of contradicting views on the matter, forming a reasonably accurate projection of what economic role gas may play in the future on a global scale is challenging, but trends indicate that gas is here for the foreseeable future.
Finding An End to Natural Gas Flaring
Gas flaring is generated by the combustion of gas coming from many industries including oil and gas recovery and petrochemical products. Advanced technology presented several solutions to overcome gas flaring and even use it for productive purposes, especially during the time in which natural gas plays a key role in the transition into clean energy. The World Bank (WB) stated that the amount of gas flared each year is currently estimated at 144 billion cubic meters (bcm) which can provide electricity to the whole of Sub-Saharan Africa.
MoP Among Ministries with Highest Response Rate to Citizens’ Complaints
The Cabinet has announced that the Ministry of Petroleum and Mineral Resources (MoP) is among the ministries that had the highest response rates to citizens' complaints in August 2022.
El Molla Holds Natural Gas Talks with Cypriot Energy Minister at Gastech 2022
Minister of Petroleum and Mineral Resources Tarek El Molla held talks with Cypriot Minister of Energy, Commerce and Industry Natasa Pilides on the sidelines of his participation at the Gastech Exhibition and Conference 2022 in Milan, Italy.
ADNOC Awards NPCC $548 Million EPC Contract to Increase Lower Zakum’s Gas Production
The Lower Zakum field, located off the coast of Abu Dhabi, will receive a new main gas line as part of a $548 million contract, according to the Abu Dhabi National Oil Company (ADNOC).
