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Oil Review Middle East - Untitled Article

Oil Review Middle East

Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. bcm of the additional gas flaring.

BCM 102
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China’s ENN Energy valued at $11.6 billion in privatization offer

Oil & Gas 360º

(Oil Price) –Chinese gas and clean energy distribution firm ENN Energy Holdings Limited has been valued at around US$11.6 ENN Natural Gas currently owns 34.28% in ENN Energy. ENN Natural Gas and ENN Energy are two of the four listed firms within the ENN Group conglomerate, which was founded by Wang Yusuo. billion (HK$90.50

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Electricity Consumption Drives Growth in Energy Demand During 2024

Egypt Oil & Gas

It explained that electricity consumption has been doubled in 2024, compared to the annual average over the past decade, due to global temperatures as well as rising consumption from industry, the electrification of transport, and the growth of data centers and artificial intelligence.

BCM 52
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GASCO Showcases Remarkable Achievements During 2024

Egypt Oil & Gas

The Chairman of the Egyptian Natural Gas Company (GASCO) Yasser Salah El Din stated that the company is working on several strategic pillars of the Ministry of Petroleum and Mineral Resources (MoPMR), especially in meeting the gas needs of the local market and the country’s economic sectors. He highlighted that 1.9

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Global gas demand reached a new all-time high in 2024, while oil demand growth slowed markedly, according to the IEAs newly-released Global Energy Review 2025 Demand for all energy sources increased in 2024, as global energy demand rose by 2.2% Rising demand for gas Global gas demand rose by 2.7%

BCM 59
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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% MMBtu UP $0.17