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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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Qatar Petroleum and UOP to research more efficient treatment of natural gas

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Qatar Petroleum (QP) and UOP LLC, a Honeywell company, have signed a joint research agreement on “Process Optimization of CO 2 and Sulfur Components Removal from Natural Gases.” QP develops/operates onshore and offshore oil and gas fields in Qatar, including exploration, field development, production, refining, transport, and storage.

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GECF: more than a quarter of 2050 natural gas supply untapped

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. —Secretary General Sentyurin.

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Qatar Airways, QSTP and Qatar Petroleum to Develop Renewable Biojet Fuel with Support of Airbus; Formation of Qatar Advanced Biofuel Platform

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Qatar Airways, Qatar Science & Technology Park (QSTP) and Qatar Petroleum (QP) will jointly carry out engineering, economic analysis and move into the development of renewable biojet fuel that will also look into ways for production and supply, with the support of Airbus. Ongoing market and strategic analysis.

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Qatar Airways looking to take up to a 10% stake in alcohol-to-jet company Byogy, along with off-take agreement

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Bloomberg reports that Qatar Airways Ltd. In March, Byogy announced a joint venture with Qatar Airways as well as other partnerships including a feedstock agreement with Brazilian sugar cane ethanol producer Itapecuru Bioenergia and fuel off-take terms with Brazil’s Azul Airways. petroleum-based products continues to climb.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. Aramco’s Manifa is one of its biggest oilfields, with a targeted production capacity of around 900,000 bpd, to be brought onstream in two phases. by Cyril Widdershoven for Oilprice.com.

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IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

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The report, LNG Trade in 2021: Runaway Recovery , finds that the United States, which was the third-largest LNG exporter behind Australia and Qatar for the full year of 2021, is poised to claim the top spot in 2022. —Michael Stoppard, chief strategist, global gas, IHS Markit. Outside of the United States, utilization rates suffered.

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