Kuwait's liquefied natural gas (LNG) imports is expected to rise by 17 % to 3m tonnes in 2015, up from 2.5m in 2014, boosted by the fuel's growing competitiveness with gas oil.
The Central Bank of Egypt is unable to provide the Egyptian General Petroleum Corporation with its monthly requirement of $700m for the import of petroleum and gas materials and the payment of loans from foreign banks.
Shell's gigantic takeover of BG worth $83b (£55b), planned before the end 2015, is likely to secure clearances from the remaining Chinese and Australian regulators.
Iran’s Oil Ministry has said that the construction of three petrochemical projects is nearing completion, with the projects to come on stream in the coming months.
Iran is dramatically increasing its natural gas export capacity in preparation for the lifting of international sanctions, President Hassan Rouhani said during the second day of the Gas Exporting Countries Forum (GECF).
The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward fo ...
Iran's Oil Minister Bijan Zangeneh, discussed expansion of energy cooperation between Tehran and Muscat with the visiting Omani Minister of Oil and Gas Mohammed Hamad al-Rumhi.
The Mozambique govt has allowed ONGC Videsh Ltd the right to recover costs for one of its project in the country. OVL is to set up an LNG terminal for exports in Mozambique.
Qatargas Operating Company Limited (Qatargas) has granted a contract to Qatar Kentz for the engineering, procurement, supply, construction and commissioning of a water recycling facility at the planned Laffan Refinery 2.
National Grid, the UK natural gas and electricity network operator, is seeking to sell the majority stake in its domestic gas-distribution business, the Wall Street Journal reports.