Chinese firms may replace XOM in Iraq megaproject

      Iraq is turning to Chinese companies to replace ExxonMobil (XOM) in a $53 billion oil infrastructure megaproject, two sources told Energy Intelligence. The escalation in regional tensions and deadlocked negotiations have made the U.S. supermajor’s involvement in the project look increasingly doubtful in recent months, the sources said, Kallanish Energy understands. ExxonMobil … Read more

Iraq’s policies on upstream development ‘stalled’: GlobalData

Despite Iraq’s ambitions to expand its crude oil and natural gas production, the country’s policies to support upstream development appear stalled, Kallanish Energy learns from data/analytics firm GlobalData. Iraqi oil production is gradually ramping up thanks to expansion of previously delayed projects, but the existing contracts are still unable to reach their full potential, analysts said … Read more

U.S. renews pressure against Iran-Pakistan gas pipeline: official

      The Trump administration is preventing the Iran-Pakistan natural gas pipeline to be completed, Iran’s parliament speaker, Ari Larijani, said this week following a meeting with Pakistani officials in Turkey, Kallanish Energy reports. The 1,724-mile gas pipeline, designed to supply South Pars gas to Pakistan, has previously stalled amid pressure from the U.S. … Read more

Qatar Petroleum ‘in talks’ for 3 new LNG train FIDs

BARCELONA, Spain — Qatar Petroleum CEO Saad Al-Kaabi said his company is planning to make the final investment decision (FID) on three new liquefied natural gas (LNG) trains by the end of 2019. The executive told reporters on the sidelines of the Gastech conference here the firm is in talks with oil majors for potential partnerships for the … Read more

U.S. exporting shale gas to the Middle East

Since March of this year, the U.S. has been exporting liquefied natural gas, LNG, to a very unlikely region of the world: the Middle East. Two cargoes of LNG from Cheniere Energy’s Sabine Pass complex in western Louisiana were exported to Kuwait, while a third went to the United Arab Emirates, and two others were … Read more

Spain’s Gamesa to build two wind farms in Egypt

Spanish wind power giant, Gamesa, said Tuesday it has secured contracts to build two wind farms in Egypt’s Gabbal El Zayt region, along the Red Sea coastline, featuring a combined capacity of 160 megawatts (MW), Kallanish Energy learns. The two… You must be logged in to read the full news article. Already have a log … Read more

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