Middle East pipeline news

While direct implications of the Israel-Palestine conflict on global oil and gas supplies are not yet clear, long-term consequences will only be determined by the duration of the ongoing war.

According to a new report from the IEEFA, MENA could become a world leader in truly green steel and the newly emerging green iron trade.

Rystad Energy’s Senior Vice President, Jorge Leon, says all eyes are on Vienna as Saudi weighs extension of crude output cuts into 2024.

These orders total more than US$300 million and supplement Vallourec’s recent successes in the region.

The meeting involved the resumption of flows from the embattled export pipeline from Iraq to Turkey.

OQ offered about 2.1 billion shares in the IPO, representing a 49% stake in OQGN.

The Israel-Hamas military conflict has resulted in a US$3.10 increase in the price of Brent crude to US$87.68 a bbl at 0400 GMT.

The most pronounced impact on the oil market is anticipated from secondary drivers.

Kent has been awarded PMC contract by RAKGAS for the new gas pipeline in the Northern Emirates.

The Middle East oil and gas major has awarded two engineering, procurement, and construction contracts to NPCC, Saipem and Tecnimont.