gas | Egypt Oil & Gas - Part 19
Japan to Switch to Coal
Coal is anticipated to outshine gas and become country's largest power generator within the next three years, as power utilities are replacing aging nuclear capacity with fossil fuel.
US Shale Oil Producers Restart Rigs
Rigs targeting crude in the US rose by 9 to 325 in the last week of May and demand come closer into balance, Baker Hughes said adding that explorers have idled more than 1,000 oil rigs since the start of last year.
Turkey’s Unit International to Build Iran Power Plants
Turkish energy company Unit International has reached a $4.2b deal with the Iranian Energy Ministry to build seven natural gas power plants in Iran, in what it said was the biggest investment in Iran since the liftin ...
Malaysia’s SapuraKencana Announces Gas Discoveries
SapuraKencana Petroleum , Malaysia's biggest oil and gas services company by market value, announced two natural gas discoveries offshore East Malaysia.
Russia’s Gazprom Plans Gas Auction for Northwest Europe
Russia's Gazprom is planning a natural gas auction for northwest Europe and in June will announce the volumes and conditions of the auction, its Deputy Chief Executive said.
Shell, Apache Agree on Higher Gas Price
Shell and Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia field in the Western Desert. The new agreement decided on is for the price of $4.6 per 1m therm ...
Egypt’s Petroleum Products, Gas Consumption Rose
Egypt consumed about 73.36m tons of petroleum products and natural gas during the fiscal year (FY) 2014/2015, compared to 73.04m tons in FY 2013/2014, an increase of 0.43%, according to CAPMAS.
Leviathan Partners Sign $3b Israeli Gas Supply Deal
The partners in Israel’s Leviathan natural gas announced they had signed a deal to supply $3b of gas to a new power plant.
