Australia’s energy minister will visit Saudi Arabia next week over fuel security fears, as the escalating Middle East conflict threatens global oil supply.
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In the News
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EQ Resources will take a 10 percent stake in a joint venture with Elmet Group and Blue Moon Metals to restart the Springer tungsten project in Nevada.
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In the NewsOil & Gas
Chevron Expands Gas Search as Middle East Crisis Raises Energy Security Concerns
KEY POINTS Chevron is looking to expand its global natural gas and liquefied natural gas, LNG, portfolio as repeated supply disruptions and growing concerns over energy security push buyers to …
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KEY POINTS Eskom is facing its strongest resistance to the rollout of smart electricity meters in Gauteng and KwaZulu-Natal, according to the utility’s chairperson, Mteto Nyati. The two provinces are …
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KEY POINTS Nigeria’s Bonny and Forcados oil terminals accounted for a combined 637,440 barrels per day of crude oil and condensates in August, making them the country’s two biggest producing …
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KEY POINTS Libya’s state-owned National Oil Corporation, NOC, is seeking stronger cooperation with British and international energy companies as it works to increase oil and gas production, improve the efficiency …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, is increasing gas supplies to operators in the Compressed Natural Gas (CNG) value chain as the country seeks to reduce the …
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Gulf states called off a planned meeting with Iran as Yemen’s Houthis struck a Saudi airbase, sending oil prices higher amid a widening Middle East war.
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Oil rose more than 3 percent after new Houthi strikes on Saudi Arabia and Gulf tanker attacks deepened fears over a shut Saudi pipeline.
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KEY POINTS Libya’s National Oil Corporation, NOC, has begun pilot operations for a gas utilisation project at the KK station operated by Mellitah Oil & Gas, in a move aimed …