Friday 3 May 2024
 
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Demand for O&G will continue for a very long time: Al-Kaabi

Saad Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, took part in the World Economic Forum’s special meeting on global collaboration, growth, and energy for development, which was held in Riyadh, the Kingdom of Saudi Arabia, under the patronage

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QatarEnergy signs charter agreements for 9 LNG vessels

QatarEnergy signed long-term time charter party (TCP) agreements with three ship owners for the operation of nine new, ultra-modern LNG vessels as part of the QC-Max part of its historic LNG fleet expansion program.   The long-term TCP agreements cater for the o

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QatarEnergy enters $6bn deal for 18 largest LNG vessels

QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its historic LNG fleet expansion programme.   The new vessels, with a capacity

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GPIC inaugurates new solar energy project

Gulf Petrochemical Company (GPIC) announced the company's Solar Energy project, marking its latest achievement in energy sustainability and aligning with its commitment to renewable energy sources to protect the environment from pollutants.   The project is

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EDF Group, J-Power, Yamna win Oman ammonia project

Electricité de France and its subsidiary EDF Renewables (EDF Group), Electric Power Development (J-POWER) and Yamna announce the award of a land block by Hydrogen Oman (Hydrom), state-owned company and leader of the Omani hydrogen vision.   Spanning over

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Actis-Fortescue consortium wins Oman green hydrogen project

A consortium between Actis, a leading global investor in sustainable infrastructure, and Fortescue, a global integrated green energy, metals and technology company, has been awarded the rights to develop, build, own and operate a large green hydrogen project in Oman.  

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Midsummer's mega solar factory to be located in Flen

The municipality of Flen in central Sweden has been chosen by Swedish manufacturer Midsummer as the location for its new 200 MW mega factory for the production of thin film solar cells for the European market.   The factory, which is partially funded by the EU I

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WEF charts path to renewed dialogue, collective action

Amid rising geopolitical tensions and a deepening North-South divide, the World Economic Forum (WEF) has assembled 1,000 global leaders and experts to chart a collective course towards a more stable, sustainable and inclusive future.   The Special Meeting on Glo

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Nakilat 2024 Q1 net rises 6.1pc to $115.4m

Nakilat, Qatar’s premier LNG shipping company, has seen its first-quarter (Q1) 2024 net profit rise 6.1% to QR420 million ($115.4 million) compared to QR396 million during the corresponding period in 2023.   For the period, the company achieved total reven

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Rapid expansion of batteries 'key to meet climate goals'

Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical to delivering the climate and energy targets outlined at the COP28 climate co

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