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QatarEnergy signs long-term gas contract with Bangladesh
Asia has been scooping up Qatari gas from the ambitious North Field East expansion project, set to be launched in 2026
May 31, 2023
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Saudi Aramco looking to expand into shale gas development with China, France
Aramco currently holds the second place for the largest company in the world in terms of market value
May 03, 2023
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China becomes first Asian shareholder in Qatar’s mega-LNG project
The landmark deal comes at a time when countries across the globe, including several Arab states, have switched to the yuan for bilateral trade with China
Apr 12, 2023
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Saudi Arabia will cut oil supply of nations that impose price cap: Energy Minister
The Saudi official also criticized efforts by US lawmakers to pass the NOPEC bill, which would allow sovereign states to be sued in federal court
Mar 15, 2023
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Saudi Arabia’s oil revenues reach $326bn in 2022, highest in 10 years
The kingdom's oil exports accounted for 70 percent of its total exports in 2022
Feb 22, 2023
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China and Qatar close in on 30-year LNG deal: Report
This is the second major LNG agreement signed between Beijing and Doha, making China the world's second-largest LNG customer
Feb 13, 2023
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Oman signs four-year LNG deal with Chinese firm
LNG exports continue to play an outsize role in world energy markets in the wake of the Ukraine-Russia war and destruction of the Nord Stream 2 pipeline
Feb 08, 2023
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Saudi Arabia raises oil prices for Asia, EU, US unexpectedly
The kingdom essentially increased the price for EU buyers by $2 a barrel, and 20 cents for US customers
Feb 06, 2023
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Biden makes U-turn on ‘punishment’ for Saudi Arabia: Report
The development would represent a major change in tone by the White House towards Saudi Arabia and is closely watched by energy experts and policymakers around the world
Feb 04, 2023
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Kuwaiti government resigns over disagreement with parliament
This resignation marks the fifth time Kuwait City's government resigned from office in the past two years
Jan 23, 2023
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Kuwait plans to increase diesel exports to EU
Kuwait City expects to raise its gas exports to Europe by fivefold this year compared to 2022, hoping to deliver 2.5 million tons worth of diesel annually
Jan 09, 2023
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Xi Jinping’s Visit to Saudi Arabia and the overthrow of Atlanticism
The historic China-Arab Summit currently underway in Riyadh symbolizes the emerging Eurasianism in the Persian Gulf.
Dec 08, 2022
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Algeria, China sign implementation plan for ‘Belt and Road’ initiative
The BRICS group of nations represents the world’s most prominent economies outside of the western hemisphere
Dec 05, 2022
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China signs first gas supply deal for Qatar’s ambitious North Field East expansion
The landmark deal, worth $60 billion over a 27 year period, is China’s longest LNG supply agreement to date
Nov 21, 2022
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US considers cutting military aid to KSA: Officials
According to the report, should KSA increase oil production by December's OPEC meeting, the US is unlikely to take any such measures
Oct 30, 2022
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Global finance vs global energy: who will come out on top?
There is more to the current struggle between the oil-consuming west and the oil-producing nations than meets the eye and it runs far deeper than the war in Ukraine
Oct 13, 2022
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Saudi Arabia expresses ‘total rejection’ of US accusations
US officials have accused the kingdom of 'aligning with Russia' after being blindsided by a major oil production cut by the OPEC+ group of countries
Oct 13, 2022
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UAE President to visit Russia for bilateral talks
The visit happens just one week after OPEC+ announced an output cut of 2 million barrels per day, putting further pressure on the global economy
Oct 10, 2022
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Washington blasts OPEC+ supply cuts, threatens to reexamine anti-OPEC law
Ignoring the extensive lobbying by senior White House officials, Gulf nations delivered a blow to the US in their bid to provide 'stability and security to energy markets'
Oct 06, 2022
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How Arab states perceive the US-China standoff
West Asian countries recognize China’s sovereign claims over Taiwan, yet many of them still rely on the US militarily and politically, so where do they stand?
Aug 29, 2022
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UK-based Shell buys stake in Qatari gas field expansion project
The company took a 6.25 percent stake for a undisclosed amount, joining Eni, TotalEnergies, ConocoPhillips, and ExxonMobil in the North Field East project
Jul 05, 2022
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China to build one thousand new schools in Iraq
There are currently around 3.2 million school-aged children in Iraq who are not in school, while the percentage of local children not in school is as high as 90 percent
Jun 20, 2022
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China ready to invest billions in Qatar’s LNG expansion project: Report
Beijing is reportedly in advanced talks to secure a significant amount of natural gas supplies from Qatar amid a growing quarrel with the US and Australia
Jun 17, 2022
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Biden mulling over KSA trip as White House upholds pledge to make kingdom a ‘pariah’
The US president's humbling visit to Saudi Arabia would come at a time when the west desperately needs its Gulf allies to increase oil production levels
Jun 02, 2022
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Russia and Saudi Arabia hail OPEC+ partnership
Lavrov's visit to the kingdom comes amid reports that OPEC may be looking to suspend Moscow's participation in an oil production deal
Jun 01, 2022
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Russian FM to meet with GCC ministers in Saudi Arabia
Since the start of the Ukraine conflict, GCC countries belonging to OPEC+ have refused demands by the White House to boost oil production levels
May 31, 2022
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Dubai official criticizes ‘foolish’ US bill that targets OPEC nations
Referring to the NOPEC bill as a 'bullying law,' the Emirati official condemned Washington's attempts to coerce its historic allies into increasing oil production
May 09, 2022
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US senate committee passes bill to revoke sovereign immunity of OPEC members
The NOPEC bill would enable US prosecutors to sue foreign nations in US courts for 'anti-competitive behavior' in oil markets
May 06, 2022
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Iraq received over $10Bln in investment from China in 2021: Report
China's Belt and Road Initiative will play a key role in the reconstruction of the country following years of war
Feb 03, 2022
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