Parvin Faghfouri Azar

Shell to Cut 15% of Its Low-Carbon Jobs

Shell plans to cut 15% of the 1,300 jobs in its Low Carbon Solutions business as it scales back some green energy ambitions and focuses on profitable projects including in the oil and gas sector. The UK-based supermajor plans to eliminate 200 jobs in its Low Carbon Solutions division next …

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Qatar Doubles Down on Europe Gas Market with Eni Deal

QatarEnergy signed a 27-year deal with Eni SPA to supply up to one million tons per annum (MMtpa) of Qatari liquefied natural gas (LNG) to Italy. The signing in Doha follows separate LNG contracts scored by state-owned QatarEnergy from two other European energy heavyweights in France’s TotalEnergies SE and Britain’s …

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IAEA: Nuclear Energy Vital for Global Green Goals

The Singapore International Energy Week (SIEW) kicks off today. Attendees include top officials, policymakers, and experts across the energy sector. The aim of SIEW is to promote reliable and sustainable energy production while promoting competition in markets. Bloomberg reporter Stephen Stapczynski is at SIEW in Singapore. He posted a video …

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Saudi Aramco and Neom’s Enowa Sign E-Fuel Deal

Saudi Aramco and Enowa, Neom’s energy and water subsidiary, have signed a joint development agreement to construct and establish a synthetic electro-fuel (e-fuel) demonstration plant. The plant will be located in Enowa’s Hydrogen Innovation and Development Centre (HIDC). The plant aims to demonstrate the technical feasibility and commercial viability of …

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Oil Prices Dip amid Flurry of Weak European Economic Data

Oil prices dipped on Tuesday following the previous session’s slump, while a flurry of economic data from Germany, the wider euro zone and Britain sketched a bearish picture that could weigh on oil demand. Moving between positive and negative territory in the session, Brent crude futures were down 47 cents, …

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China Continues String of Discoveries with Giant New Gas Field

China’s state-run CNOOC oil and gas giant has announced the discovery of what Chinese media are referring to as a large, deep-reservoir coalbed methane field with proven geological reserves of over 100 billion cubic meters (bcm) of natural gas. A discovery of this magnitude represents CNOOC’s second major onshore gas …

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