ExxonMobil Egypt participated for the seventh consecutive year in the Egypt Energy Show "EGYPES 2024" with the aim of supporting the transformation frameworks in the regional energy landscape through constructive discussions on worldwide energy dynamics, the latest industry trends, regional progress, and collective actions to achieving net-zero emissions.
Solar energy is the rays of light and heat emanating from the sun, and humans have exploited and benefited from it since ancient times using technological means that are constantly changing.
An Early Production Facility (EPF) serves as a modularized integrated solution for expediting oil and gas production, allowing customers to initiate production swiftly. The timely commencement is crucial for realizing commercial advantages. Many oil and gas operators favour EPFs for the development of marginal fields or to rapidly generate revenue from fields before establishing a permanent facility. This approach offers both financial and operational advantages in the realm of oil and gas production.
bp has reported a profit of $3 billion in the fourth-quarter 2023 results, surpassing forecasts due to strong gas trading.
QatarEnergy and US-based Excelerate Energy have signed a 15-year agreement for the supply of liquefied natural gas (LNG) to Bangladesh starting in January 2026.
The UN Climate Summit (COP27) has paved the way for the hydrocarbon industries to be part of the climate action talks in COP 28. The COP 27 Decarbonization Day was focused on implementing the Global Methane Pledge, a voluntary agreement to reduce global methane emissions by at least 30% from 2020 levels by 2030.
Global gas giant Shell will purchase two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, said partners in a proposed LNG project in Canada.
Pipeline operator Williams has announced its plans to purchase a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion because of the increasing demand for liquefied natural gas (LNG) projects.
Being a fairly recent discovery, liquefied natural gas has opened the doors to new possibilities and potentially faster, more secure access to hydrocarbon energy resources. Groomed to be the ideal transitional fuel that will power the world market’s evolution into a global economy that will be largely dependent on renewable energy, LNG has been the impetus behind reform not only when it comes to emissions reduction and climate action, but major infrastructural changes as well.
Minister of Petroleum and Mineral Resources Tarek El Molla alongside with Olivia Toderean, Ambassador of Romania in Cairo, have witnessed the signature of a memorandum of understanding (MoU) between Town Gas and Romania's CIS Gaz to cooperate and exchange expertise in the field of natural gas.
