Further to the decision by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy is stopping the production of some downstream products in the State of Qatar, including urea, polymers, methanol, aluminum and other products.
As part of its growth in electricity in Germany, TotalEnergies has signed an agreement with Allianz Global Investors (AllianzGI) for the sale of a 50 per cent stake in a portfolio of 11 battery storage projects with a total capacity of 789 MW – 1628 MWh.
Global oil and gas prices surged on Tuesday as the escalating U.S.-Israeli war with Iran disrupted energy exports from the Middle East, triggering supply fears and sending shockwaves through commodity markets.
Senior government authorities have announced that a fire that broke out this morning in the Fujairah Oil Industry Zone (FOIZ), resulting from falling debris after a Iranian drone attack, has been fully brought under control. No injuries were reported and normal operations have begun, said a report.
Saudi Holding Company for Conversion Industries (Tahweel Holding) has entered into a deal with leading petrochemical group Tasnee to acquire 100% of the share capital of its entity - Al Rowad Industrial Transformation Company (Target Company) for SAR700 million ($186.4 million).
Exxon Mobil TotalEnergies and Shell are among the companies with more exposure to disruptions in oil and gas production due to the US-Israel war with Iran, analysts said in research notes.
Indian companies on March 3 reduced natural gas supplies to industries in anticipation of tighter supply from the Middle East after top producer Qatar halted production, four industry sources with knowledge of the matter said to Reuters.
Fuel tanks at Oman's Duqm commercial port were targeted by several drones, with one striking a fuel tank, Oman News Agency (ONA) reported on Tuesday, citing a security source.
A new edition of DPE – International Electricity Expo returns to Rimini Expo Centre, 4–6 March, alongside KEY – The Energy Transition Expo, uniting the electrical ecosystem and supply chain to advance distributed generation and renewable energy solutions.
RenQuip, the Aberdeen-based manufacturer and rental provider of specialist industrial equipment, has announced the expansion of its operations with the establishment of a second operational facility in Grangemouth.
