President Trump has declared he will free the US oil and gas industry to increase output, reduce climate action laws and end American dependence on OPEC and “any nations hostile to our interests” in his first energy policy statement. “The…
Category: Energy
Kuwait Energy’s cash flow to improve in 2015: Fitch Ratings
Kuwait Energy, the Bahrain-based independent oil and gas company, should enjoy higher cash flows in 2015 as production from its Iraqi gas project starts and capital expenditure on development is scaled back, Fitch Ratings said in a statement issued on…
Deloitte says tight oil and shale gas revolution won’t change US commitment to Middle East
Deloitte’s annual Oil & Gas Reality Check report published today says the development of North American shale gas and tight oil reserves is promoting transformational change in the US economy but won’t seriously undermine America’s commitment to the stability of…
Bahrain gas reserves may be higher than previously reported
Bahrain’s natural gas reserves, including non-associated gas are more than 20 trillion cubic feet, the MEED Bahrain Energy Forum was told today. This is higher than is conventionally associated with Bahrain and compares with the 7 trillion cubic feet reserve…
New Arabia-Bahrain pipeline FEED complete, MEED Conference told
The front-end engineering and design (FEED) for the new 360,000 b/d Arabia-Bahrain pipeline from Saudi Arabia to Bahrain is complete and the EPC procurement is ready to be launched, the MEED Bahrain Energy Forum was told this morning. “We are…