International

12 areas open for oil and gas exploration in Jordan — Energy Ministry

Investment opportunities in the Kingdom include Azraq, Al Sarhan, Al Jafr, West Safawi, the Dead Sea, Northern Highlands, Petra and Wadi Rum

Shell takes 6.25% stake in Qatar’s LNG expansion project

State-owned QatarEnergy signed a deal with Shell Plc on Tuesday for the North Field East (NFE) expansion of the world largest liquefied natural gas (LNG) project. The London-based company will get a 6.25 percent holding in the project, QatarEnergy CEO Saad al-Kaabi told a news conference.

Kuwait has 9th largest oil reserves

These reserves amount to 53bln barrels

Sonatrach mulls new formulas to raise gas prices for European buyers - sources

Sonatrach is considering several options, including a partial link to spot price gas prices in contracts that have historically been linked to the price of Brent crude, the sources said

Mubadala Petroleum celebrates decade of growth

The company has continued to grow and now spans eleven markets and is making a significant contribution to energy transition

Shell completes sale of terminal in JAFZA to Tristar

The full ownership transfer of the terminal to Tristar Group will be effective from July 1, 2022

Saudi Steel Pipe signs $15.46mln supply contract with Aramco

Under the 12-month agreement, Saudi Steel Pipe will provide Aramco with oil and gas steel pipes

ExxonMobil Sells Interests in Montney and Duvernay Assets in Canada

XTO Energy Canada, which is jointly owned by Imperial and ExxonMobil Canada, is being sold by ExxonMobil Canadian affiliates, Imperial and ExxonMobil Canada, to Whitecap Resources Inc.