The president of the Brazilian oil company, Jean Paul Prates, presented plans to increase gas exploration and output.
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Brazilian Vice President Geraldo Alckmin announced the creation of a working group to find ways to improve the availability of natural gas in the country.
According to a study released by ApexBrasil, Qatar’s real Gross Domestic Product could grow 4.3% from last year. Rising hydrocarbon prices and the World Cup are expected to drive economic activity.
The Egyptian government launched a strategy to save energy in the country. The goal is to generate more natural gas surplus for exports, favoring the inflow of foreign currency.
The oil company finalized the sale of 51% of its stake in Gaspetro to Compass for USD 394. The sale is part of a commitment to promote competition in the natural gas sector in Brazil.
The project under consideration by Congress determines a new legal framework for the industry. Considered shy by experts, it aims at increasing consumption demand to stimulate investments.
A bill passed in Brazil’s Chamber of Deputies that changes gas pipeline exploration law. The subject will move forward for consideration by Senate.
Partnership with the Energy Research Office aims at connecting opportunities in the energy industry to potential investors and businesspeople.
Oil production in the country went past the 3-million-barrel mark for the first time at 3.09 million barrels per day in November.
Lebanese minister of Energy, Nada Boustani, released opportunity on Twitter on Tuesday (4). Deadline for bids is January 31, 2020.
The country produced an average of 2.586 million barrels per day last year. Natural gas production, however, grew by 1%.
The country is the leading exporter of natural gas in the world. The Qatari minister of Energy, Saad al Kaabi, said the goal is to ‘focus on the gas business.’
Starting in 2019, the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) will offer scholarships in oil and gas-related studies for undergraduate and graduate (master’s and doctorate) students.
Brazil’s state-run oil company produced 2.47 million barrels of oil equivalent per day worth of oil and gas in August.