Iraq has approved TotalEnergies SE to build and develop a Ratawi field, thus boosting the country’s oil economy
Gas
Gas can be "second pillar of decarbonisation" alongside renewables - IHS Markit
The inherent versatility of gas infrastructure – particularly its ability to be converted to carry low-carbon fuels in the future – creates an opportunity for gas to be a “second pillar of decarbonisation” alongside renewables over the long-term, according to a new study by IHS Markit
Hydrocarbon demand to fall in future, reveals GlobalData
According to GlobalDatas latest research report, hydrocarbon demand is set to fall in the coming decades, as a result of the initiatives undertaken by governments who have signed the Paris agreement
Sound Energy signs 10 year LNG sales agreement in Morocco
Sound Energy, Morocco-focused upstream gas company, has announced the signature of a binding 10 year LNG sales agreement for the Phase 1 development covering the sale of around 100 million cu/m of gas in a liquified form per year
Dana Gas KRI and Egypt collections more than doubled in H1 2021
Dana Gas, the Middle East’s largest regional private sector natural gas company, has announced that its H1 2021 collections from the Kurdistan Region of Iraq (KRI), and Egypt, have increased 106% year-on-year to US$185mn, the highest level in more than five years