Natural gas
- Middle East
Saudi Arabia announces discovery of two natural gas fields
Riyadh: The Kingdom of Saudi Arabia’s oil giant Aramco has announced the discovery of two new natural gas fields in the Empty Quarter, the Saudi Press Agency (SPA) reported. In a statement, Minister…
- Middle East
Natural gas reserves worth $1 bn found in Turkey: President
Ankara: Turkish President Recep Tayyip Erdogan has said the country has discovered natural gas reserves valued at $1 billion in Gabar Mountain in southeastern Sirnak province. Erdogan made the remarks at the…
- Middle East
Turkey starts delivery of natural gas from Black Sea field
Ankara: Turkey has started the delivery of natural gas from its Black Sea field, as part of its flagship project aiming at reducing the country’s dependence on energy imports. The gas, shipped…
- World
Turkey aims to set benchmark price on natural gas: President
Istanbul: Turkey is working toward becoming a global energy hub, which sets the benchmark price of natural gas, President Recep Tayyip Erdogan has announced. Speaking at the Silivri Natural Gas Storage Facility…
- Business
CNG price shoots up by Rs 6 to Rs 86/kg; PNG up by Rs 4 to Rs 52.50/SCM
Mumbai: City gas utility Mahanagar Gas has increased the retail price of compressed natural gas (CNG) and piped natural gas (PNG) by Rs 6/kg and by Rs 4/ SCM respectively in and…
- World
Russia’s energy war: Putin’s unpredictable actions and looming sanctions could further disrupt oil and gas markets
Somerville: Russia’s effort to conscript 300,000 reservists to counter Ukraine’s military advances in Kharkiv has drawn a lot of attention from military and political analysts. But there’s also a potential energy angle.…
- World
EU member states agree to cut off 15% of their gas demand
Brussels: European Union (EU) member states have reached a political agreement on a 15 per cent voluntary reduction of natural gas demand from the average of 2017-2021. Jozef Sikela, Czech Minister of…
- Middle East
Iraq to sign gas deal with Qatar after Iranian supply shortages
Baghdad: The Iraqi government has announced its intention to sign an agreement in May to import liquefied natural gas from Qatar. This move is a part of its preparations to improve the…
- World
Russia now global economic pariah, claims Biden administration
Washington: Russia has become a global economic pariah after it attacked Ukraine and the international community has joined the US in imposing tough sanctions against Moscow, the Joe Biden administration has claimed.…