Global: Gas demand growth rate up by 2.4% since beginning of the century

Global: Gas demand growth rate up by 2.4% since beginning of the century

Global gas demand growth rate has increase by 2.4 percent since the beginning of the century, Trend informs with reference to the Annual Report of Royal Dutch Shell. Advertisements

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Egypt: Govt invites bids for ten offshore blocks in Red Sea

Egypt: Govt invites bids for ten offshore blocks in Red Sea

In a statement on Sunday, Ganope, entity of the ministry charged with managing and stewardship of all aspects related to petroleum activities of the Red Sea said the blocks are being offered “ for the first time, within the context of the Ministry of Petroleum’s strategy to achieve the optimum economic utilization of all potentials and natural resources to contribute to the sustainable development of Egypt.“

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Global Industry: The $32 Trillion Push To Disrupt The Entire Oil Industry

Global Industry: The $32 Trillion Push To Disrupt The Entire Oil Industry

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being a boon for state-owned oil companies (NOCs).

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Africa Oil & Gas: Egypt Is Shaping Up To Become A Real Energy Hub

Africa Oil & Gas: Egypt Is Shaping Up To Become A Real Energy Hub

Egypt’s oil and gas future looks very bright. The large scale concessions awarded during the EGYPS2019 conference in Cairo, 11-13 February, shows the appetite of IOCs, such as Shell, BP and ENI in this emerging energy hotspot.

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Africa Oil & Gas: Algeria’s Sonatrach signs $1 billion gas plant deal

Africa Oil & Gas: Algeria’s Sonatrach signs $1 billion gas plant deal

Algeria’s Sonatrach has signed a $1 billion contract with India’s Larsen & Toubro to build plants to produce 11 million cubic metres of gas per day, Sonatrach’s CEO said on Monday.

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