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NewBase Energy News 06 May 2019 - Issue No. 1243 Senior Editor Eng. Khaled Al Awadi
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Khaled Al Awadi
Greetings, Attached FYI ( NewBase Special 15 March 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:- •UAE: Adgas signs 491m EPC contract for Integrated Gas Development Expansion •Qatar: N-power a strong option for Qatar: Expert •Iraq: ShaMaran announces Y/E 2014 reserves • Pakistan: KUFPEC to Explore for Oil, Gas in Pakistan's Khyber Pakhtunkhwa •US: Scheduled 2015 capacity additions mostly wind and natural gas; retirements mostly coal •New glut concern emerges as oil refiners ramp up output •IEA sees global oil glut worsening •Impact of the “Arab Spring” on Oil Production of MENA Countries* As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net Best Regards. Khaled Al Awadi Energy Consultant & NewBase Chairman - Senior Chief Editor MS & BS Mechanical Engineering (HON), USA Emarat member since 1990 ASME meme since 1995 Hawk Energy since 2010
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Sent: Wednesday, February 7, 2018 8:58pm To: Subject: FW: NewBase Energy News 07 February 2018 - Issue No. 1137 Senior Editor Eng. Khaled Al Awadi Greetings, Attached FYI Regards . Khaled Al Awadi Enenrgy Consultant UAE
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Greetings, Attached FYI ( NewBase Special 15 March 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:- •UAE: Adgas signs 491m EPC contract for Integrated Gas Development Expansion •Qatar: N-power a strong option for Qatar: Expert •Iraq: ShaMaran announces Y/E 2014 reserves • Pakistan: KUFPEC to Explore for Oil, Gas in Pakistan's Khyber Pakhtunkhwa •US: Scheduled 2015 capacity additions mostly wind and natural gas; retirements mostly coal •New glut concern emerges as oil refiners ramp up output •IEA sees global oil glut worsening •Impact of the “Arab Spring” on Oil Production of MENA Countries* As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net Best Regards. Khaled Al Awadi Energy Consultant & NewBase Chairman - Senior Chief Editor MS & BS Mechanical Engineering (HON), USA Emarat member since 1990 ASME meme since 1995 Hawk Energy since 2010
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Sent: Wednesday, February 7, 2018 8:58pm To: Subject: FW: NewBase Energy News 07 February 2018 - Issue No. 1137 Senior Editor Eng. Khaled Al Awadi Greetings, Attached FYI Regards . Khaled Al Awadi Enenrgy Consultant UAE
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Greetings, Attached FYI (NewBase Special 14 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:- • UAE: Nuclear contracts for Emirati companies hit milestone through Barakah plant • Qatar to cut condensate exports in January, expects lower naphtha price, official says Egypt: SDX Energy completes 3D seismic acquisition at South Disouq • US shale oil output to dip for 7th consecutive month - EIA • Japan:Unswayed by Increasing Pressure to Disavow Coal Support • Oil futures fall as global growth, Brexit concerns weigh • Opec: oil demand exceeding its production for first time in 3 years • Microsoft Pays $26 Billion for LinkedIn in Biggest Deal Yet we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net Best Regards. Khaled Al Awadi Energy Consultant & NewBase Chairman - Senior Chief Editor MS & BS Mechanical Engineering (HON), USA Emarat member since 1990 ASME meme since 1995 Hawk Energy since 2010
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NewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al AwadiNewBase 08-November -2022 Energy News issue - 1564 by Khaled Al Awadi
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NewBase Energy News 05July 2019 - Issue No. 1258 Senior Editor Eng. Khaled Al Awadi
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New base 05 july 2019 energy news issue 1258 by khaled al awadi
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NewBase Energy News 25 February 2019 - Issue No. 1232 Senior Editor Eng. Khaled Al Awadi
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New base energy news 25 febuary 2019 issue no 1232 by khaled al awadi
Khaled Al Awadi
NewBase Energy News 11 September 2019 - Issue No. 1277 Senior Editor Eng. Khaled Al Awadi NewBase Energy News 11 September 2019 - Issue No. 1277 Senior Editor Eng. Khaled Al Awadi
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New base 11 september 2019 energy news issue 1277 by khaled al awadi
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NewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al AwadiNewBase 03 May-2023 Energy News issue - 1616 by Khaled Al Awadi
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NewBase Energy News 02 July 2020 - Issue No. 1352 Senior Editor Eng. Khaled Al Awadi NewBase Energy News 02 July 2020 - Issue No. 1352 Senior Editor Eng. Khaled Al Awadi NewBase Energy News 02 July 2020 - Issue No. 1352 Senior Editor Eng. Khaled Al Awadi
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Khaled Al Awadi
NewBase Energy News 12 February 2018 - Issue No. 1140 Senior Editor Eng. Khaled Al Awadi
Ne base 12 feruary 2018 energy news issue 1140 by khaled al awadi
Ne base 12 feruary 2018 energy news issue 1140 by khaled al awadi
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NewBase June 01 - 2017 - Issue No. 1037 Senior Editor Eng. Khaled Al Awadi
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NewBase Energy News 23 August - 2020 - Issue No. 1366, Senior Editor Eng. Khaled Al AwadiNewBase Energy News 23 August - 2020 - Issue No. 1366, Senior Editor Eng. Khaled Al Awadi
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NewBase July 21, 2018 - Issue No. 1187 Senior Editor Eng. Khaled Al Awadi with hte latest energy news FYA Khaled Alawadi UAE
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Greetings, Hawk Energy is pleased to present you with its latest energy news NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi https://www.linkedin.com/posts/khaled-al-awadi-38b995b_newbase-energy-activity-7199590540223397888-1Qgd?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase EnergyError! Filename not specified. Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Greetings, Hawk Energy is pleased to present you with its latest energy news NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi https://www.linkedin.com/posts/khaled-al-awadi-38b995b_newbase-energy-activity-7199590540223397888-1Qgd?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase EnergyError! Filename not specified. Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Greetings, Hawk Energy is pleased to present you with its latest energy news NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi https://www.linkedin.com/posts/khaled-al-awadi-38b995b_newbase-energy-activity-7199590540223397888-1Qgd?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase EnergyError! Filename not specified. Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Greetings, Hawk Energy is pleased to present you with its latest energy news NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi https://www.linkedin.com/posts/khaled-al-awadi-38b995b_newbase-energy-activity-7199590540223397888-1Qgd?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase EnergyError! Filename not specified. Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
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NewBase 20 May 2024 Energy News issue - 1726 by Khaled Al Awadi_compresse...
NewBase 20 May 2024 Energy News issue - 1726 by Khaled Al Awadi_compresse...
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Attached is NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi , Hope you find it of interest. https://www.linkedin.com/posts/khaled-al-awadi-38b995b_energy-news-issue-1725-by-khaled-al-awadi-activity-7197227866399354881-IC2p?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Attached is NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi , Hope you find it of interest. https://www.linkedin.com/posts/khaled-al-awadi-38b995b_energy-news-issue-1725-by-khaled-al-awadi-activity-7197227866399354881-IC2p?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Attached is NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi , Hope you find it of interest. https://www.linkedin.com/posts/khaled-al-awadi-38b995b_energy-news-issue-1725-by-khaled-al-awadi-activity-7197227866399354881-IC2p?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Attached is NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi , Hope you find it of interest. https://www.linkedin.com/posts/khaled-al-awadi-38b995b_energy-news-issue-1725-by-khaled-al-awadi-activity-7197227866399354881-IC2p?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Attached is NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi , Hope you find it of interest. https://www.linkedin.com/posts/khaled-al-awadi-38b995b_energy-news-issue-1725-by-khaled-al-awadi-activity-7197227866399354881-IC2p?utm_source=share&utm_medium=member_desktop Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
Khaled Al Awadi
Greetings Attached our latest NewBase 09 May 2024 Energy News issue - 1723 by Khaled Al AwadiFYI Regards Founder & S.Editor NewBase EnergyKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings Attached our latest NewBase 09 May 2024 Energy News issue - 1723 by Khaled Al AwadiFYI Regards Founder & S.Editor NewBase EnergyKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 09 May 2024 Energy News issue - 1723 by Khaled Al Awadi.pdf
NewBase 09 May 2024 Energy News issue - 1723 by Khaled Al Awadi.pdf
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Greetings, Pease see attached file of the above FYI, NewBase 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi Regards. Founder & S. Editor: NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Pease see attached file of the above FYI, NewBase 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi Regards. Founder & S. Editor: NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Pease see attached file of the above FYI, NewBase 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi Regards. Founder & S. Editor: NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Pease see attached file of the above FYI, NewBase 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi Regards. Founder & S. Editor: NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Pease see attached file of the above FYI, NewBase 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi Regards. Founder & S. Editor: NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi_compresse...
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NewBase energy news 02 May 2024 for the latest energy news of our area totally FYI. Regards. Khaled AlAwadhi Founder NewBase Energy
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NewBase 02 May 2024 Energy News issue - 1721 by Khaled Al Awadi.pdf
Khaled Al Awadi
Greetings, Hawk Energy is pleased to present you with its lates energy news NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadias per attached . Regards . Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to present you with its lates energy news NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadias per attached . Regards . Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to present you with its lates energy news NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadias per attached . Regards . Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to present you with its lates energy news NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadias per attached . Regards . Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to present you with its lates energy news NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadias per attached . Regards . Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to present you with its lates energy news NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadias per attached . Regards . Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadi_compress...
NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadi_compress...
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Greetings Hawk Energy is pleased to present you with the latest energy news ,as per attached file . Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings Hawk Energy is pleased to present you with the latest energy news ,as per attached file . Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings Hawk Energy is pleased to present you with the latest energy news ,as per attached file . Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings Hawk Energy is pleased to present you with the latest energy news ,as per attached file . Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings Hawk Energy is pleased to present you with the latest energy news ,as per attached file . Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings Hawk Energy is pleased to present you with the latest energy news ,as per attached file . Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 25 April 2024 Energy News issue - 1719 by Khaled Al Awadi_compress...
NewBase 25 April 2024 Energy News issue - 1719 by Khaled Al Awadi_compress...
Khaled Al Awadi
NewBase energy news NewBase energy news NewBase energy news NewBase energy news NewBase energy news NewBase energy news
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Khaled Al Awadi
Hawk Energy is pleased to present you with NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi As per attached file. Regards. Founder & S. Editor New|Base Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAHawk Energy is pleased to present you with NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi As per attached file. Regards. Founder & S. Editor New|Base Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAHawk Energy is pleased to present you with NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi As per attached file. Regards. Founder & S. Editor New|Base Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAHawk Energy is pleased to present you with NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi As per attached file. Regards. Founder & S. Editor New|Base Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
Khaled Al Awadi
Greetings, Attached FYI, our NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi . Founder & S, Editor - NewBase Energy KhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Attached FYI, our NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi . Founder & S, Editor - NewBase Energy KhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Attached FYI, our NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi . Founder & S, Editor - NewBase Energy KhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Attached FYI, our NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi . Founder & S, Editor - NewBase Energy KhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Attached FYI, our NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi . Founder & S, Editor - NewBase Energy KhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi.pdf
NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi.pdf
Khaled Al Awadi
12 April 2024 Energy News issue - 1715 by Khaled Al Awadi 12 April 2024 Energy News issue - 1715 by Khaled Al Awadi 12 April 2024 Energy News issue - 1715 by Khaled Al Awadi 12 April 2024 Energy News issue - 1715 by Khaled Al Awadi 12 April 2024 Energy News issue - 1715 by Khaled Al Awadi
12 April 2024 Energy News issue - 1715 by Khaled Al Awadi.pdf
12 April 2024 Energy News issue - 1715 by Khaled Al Awadi.pdf
Khaled Al Awadi
https://www.linkedin.com/posts/khaled-al-awadi-38b995b_08-april-2024-energy-news-issue-1714-activity-7183006924508938240-kqxc?utm_source=share&utm_medium=member_desktop
08 April 2024 Energy News issue - 1714 by Khaled Al Awadi_compressed.pdf
08 April 2024 Energy News issue - 1714 by Khaled Al Awadi_compressed.pdf
Khaled Al Awadi
Please see attached file of the above FYI . Regards. Founder & S.Editor NewBase EnergyKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAPlease see attached file of the above FYI . Regards. Founder & S.Editor NewBase EnergyKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAPlease see attached file of the above FYI . Regards. Founder & S.Editor NewBase EnergyKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAPlease see attached file of the above FYI . Regards. Founder & S.Editor NewBase EnergyKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
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NewBase 04 April 2024 Energy News issue - 1713 by Khaled Al Awadi_compress...
Khaled Al Awadi
NewBase 01 April 2024 Energy News issue - 1712 by Khaled Al Awadi NewBase 01 April 2024 Energy News issue - 1712 by Khaled Al Awadi NewBase 01 April 2024 Energy News issue - 1712 by Khaled Al Awadi NewBase 01 April 2024 Energy News issue - 1712 by Khaled Al Awadi
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NewBase 01 April 2024 Energy News issue - 1712 by Khaled Al Awadi.pdf
Khaled Al Awadi
NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi
NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi.pdf
NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi.pdf
Khaled Al Awadi
Greetings, Attached file of the above , NewBase 26 March 2024 Energy News issue - 1710 by Khaled Al AwadiFor your info. Regards Founder & S.Editor NewBaseKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Attached file of the above , NewBase 26 March 2024 Energy News issue - 1710 by Khaled Al AwadiFor your info. Regards Founder & S.Editor NewBaseKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Attached file of the above , NewBase 26 March 2024 Energy News issue - 1710 by Khaled Al AwadiFor your info. Regards Founder & S.Editor NewBaseKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Attached file of the above , NewBase 26 March 2024 Energy News issue - 1710 by Khaled Al AwadiFor your info. Regards Founder & S.Editor NewBaseKhaledM Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
Khaled Al Awadi
Greetings, Hawk Energy is pleased to share with you its latest energy news , see attached file for details Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to share with you its latest energy news , see attached file for details Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to share with you its latest energy news , see attached file for details Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to share with you its latest energy news , see attached file for details Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, Hawk Energy is pleased to share with you its latest energy news , see attached file for details Regards. Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 22 March 2024 Energy News issue - 1709 by Khaled Al Awadi_compress...
NewBase 22 March 2024 Energy News issue - 1709 by Khaled Al Awadi_compress...
Khaled Al Awadi
Greetings, Please see attached file of the above FYI, NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy ConsultantGreetings, Please see attached file of the above FYI, NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy ConsultantGreetings, Please see attached file of the above FYI, NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy ConsultantGreetings, Please see attached file of the above FYI, NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy ConsultantGreetings, Please see attached file of the above FYI, NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi Regards Founder & S. Editor NewBase Energy Khaled M Al Awadi, Energy Consultant
NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi_compress...
NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi_compress...
Khaled Al Awadi
Greetings, It is our pleasure to share with you our NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi as per attached file . Regards Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, It is our pleasure to share with you our NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi as per attached file . Regards Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USAGreetings, It is our pleasure to share with you our NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi as per attached file . Regards Founder & S,Editor NewBase Energy Khaled M Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA
NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi_compress...
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NewBase 13 May 2024 Energy News issue - 1724 by Khaled Al Awadi_compressed (1).pdf
1.
Copyright © 2024
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 1 NewBase Energy News 13 May 2024 No. 1724 Senior Editor Eng. Khaled Al Awadi NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE ADNOC Drilling secures $1.7 billion contract to unlock UAE’s world-class unconventional energy resources (WAM) ADNOC Drilling Company has been awarded, by ADNOC, a $1.7 billion contract to provide drilling and associated services for the recovery of unconventional energy resources. The contract will see Turnwell deliver 144 unconventional oil and gas wells. To service the contract and explore the considerable future opportunities in unconventional resources, ADNOC Drilling has incorporated a new company, Turnwell Industries LLC OPC. ADNOC Drilling has signed a term sheet to enter into a strategic partnership with Schlumberger Middle East SA (SLB) and Patterson-UTI International Holdings, Inc. (Patterson-UTI) subject to signing definitive agreements and any necessary regulatory approvals. The new company will be primarily engaged in unconventional drilling operations. Abdulmunim Saif Al Kindy, ADNOC Upstream Executive Director and Vice Chairman of ADNOC Drilling, said, "Our goal at ADNOC is to provide the energy and energy products that people depend on every day to power their lives and ensure a just, orderly and equitable energy transition. This award will accelerate the development of Abu Dhabi's world-class resources to meet the world's growing demand for affordable, accessible energy. ww.linkedin.com/in/khaled-al-awadi-80201019/
2.
Copyright © 2024
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 2 ADNOC Drilling is perfectly placed to responsibly develop these resources. Utilising partnerships, innovative AI, digitalisation and advanced technologies, we will unlock Abu Dhabi's abundant energy resources to drive value for the UAE." Abdulrahman Abdulla Al Seiari, Chief Executive Officer of ADNOC Drilling, said, "Abu Dhabi's unconventional energy resources are among the world's largest. This award, for 144 wells is just the beginning. It represents a transformational opportunity for ADNOC Drilling as the UAE's world- class unconventional energy resources will require many thousands more wells, and we are in a prime position to deliver them. "It represents a significant expansion of our operations and specialist capabilities, and to help us with that, we have set up a new company called Turnwell and have signed a term sheet with SLB and Patterson-UTI, for potential partnership and support with the latest technology, specialist services and innovations in the unconventional energy drilling space subject to signing definitive agreements and any necessary regulatory approvals." Spearheading unconventional energy drilling development within the Middle East region and securing the UAE's unconventional energy needs and resources, ADNOC Drilling will leverage cutting-edge innovations in AI smart drilling design, completions engineering, and production solutions. This will be enabled by ADNOC Drilling's recent joint venture with Alpha Dhabi, Enersol, which will see its scalable technology ecosystem bolstered through investments in – and acquisitions of – AI-enabled solutions and innovative technologies. This award marks our latest endeavour to support the UAE's position as a trusted and reliable energy provider and is a key step towards ensuring the nation's gas growth ambitions. The award solidifies ADNOC Drilling's leadership in the regional market while also providing a strong new revenue stream for the company. This initial phase of unconventional development is expected to employ up to nine land rigs, of which five are already included in ADNOC Drilling's fleet as of 31st December 2023. The contract is expected to start contributing to ADNOC Drilling's revenue towards the second half of this year. The company's full-year 2024 and mid-term guidance only captures this initial award, creating significant potential upside to our business and financials in the mid to long-term. Unconventional energy refers to oil and gas resources trapped in subsurface reservoirs requiring additional technology and processes to unlock them. Today, Abu Dhabi holds an estimated 220 billion barrels of unconventional oil and 460 TCF of unconventional gas. The opportunity in unconventional energy presents outstanding scale with the production potential comparable to some of the most plentiful unconventional energy resources in the US.
3.
Copyright © 2024
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 3 QatarEnergy acquires stake in two Egypt offshore blocks Staff Writer, Agence France-Presse (AFP) QatarEnergy said Monday it had acquired two offshore gas exploration blocks from Egypt with a 40- percent participating interest, in a deal with US multinational firm ExxonMobil. Under the deal, the Qatari state-owned hydrocarbon giant will receive stakes in the Cairo and Masry concessions off Egypt's north coast, with the operator ExxonMobil retaining 60 percent, QatarEnergy said in a statement. It did not disclose the cost of the agreement. The two offshore exploration blocks were awarded to ExxonMobil in January 2023 and cover an area of approximately 11,400 square kilometres (about 4,400 square miles) in water with a depth of two to three kilometres. QatarEnergy CEO Saad al-Kaabi welcomed the expansion, promising collaboration with the Egyptian Natural Gas Holding Company (EGAS), Cairo's petroleum and mineral resources ministry and ExxonMobil in the "promising and prospective region". "I would like to take this opportunity to thank the Egyptian authorities and our partners for their valuable support and cooperation," said Kaabi, who also serves as the Gulf nation's energy minister. Under the deal, the Qatari state-owned hydrocarbon giant will receive stakes in the Cairo and Masry concessions off Egypt's north coast
4.
Copyright © 2024
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 4 U.S Urged to Halt Oil Export Projects After Terminal Approved (Bloomberg) + NewBae Climate activists who successfully pushed President Joe Biden to halt new US liquefied natural gas exports are setting their sights on proposed crude oil shipping facilities, after the administration approved a massive petroleum terminal last month. The administration should stop approvals of deepwater oil export facilities and reevaluate its approval process, the Sierra Club wrote on behalf of nearly 20 environmental and community groups in a letter Thursday to the White House and the Department of Transportation. The department in April quietly approved a deepwater port off the coast of Texas proposed by Enterprise Products Partners with the capacity to export 2 million barrels of oil a day. Three other oil export projects — proposed by companies including Energy Transfer, Phillips 66, Trafigura Ltd, and Sentinel Midstream LLC — are under review by the Transportation Department.
5.
Copyright © 2024
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 5 The administration’s move marked a major step forward for the export sector, which has grown rapidly since the U.S. began to allow crude sales abroad in 2015, the same year that the U.S. helped broker the Paris climate accord that called for dramatic reductions in global fossil fuel emissions. The offshore oil export terminal, the first to be approved of four proposed along Texas’ Gulf Coast, will enable continued growth in U.S. shale oil production and in global consumption, dealing a substantial setback to the White House’s goals for drastic cuts in carbon emissions by year 2030. “Up to this point, DOT has failed to meaningfully evaluate the wide-ranging harms of licensing massive deepwater crude export facilities in the Gulf of Mexico and the significant upstream production and global consumption the projects would induce,” said Devorah Ancel, a senior attorney with the Sierra Club, in a release. “Just like with liquefied gas exports, these projects pose serious threats to the climate, vulnerable communities and ecosystems, public health, and national security.” In response, the Transportation Department said extensive environmental reviews are already required to obtain a license for a deepwater port. The Enterprise Products project was approved after reviews concluded it would reduce greenhouse gas emissions associated with conventional crude oil loading and ship-to-ship transfers while making oil transport safer, according to the department. Approval of the Enterprise project, known as the Sea Port Oil Terminal, comes amid a record oil export boom in the US. The terminal would be only the fourth in the US to load supertankers, the ships that make long-haul voyages to clients in Asia more economical. It would also result in greenhouse gas emissions equivalent to 90 new coal-fired plants over its 30-year license, according to the Sierra Club. Activists who celebrated the White House’s decision in late January to halt liquefied natural gas export permits while it reevaluates their effects on climate change say oil export facilities will lock in decades of carbon emissions while adding to the environmental injustices the Biden administration has pledged to fight. “It was just shocking to see him make this decision,” said Cassidy DiPaola, a spokeswoman for Fossil Free Media, a non-profit advocacy group. “It was really a major betrayal to front-line communities.” Biden has come under increasing pressure to limit crude and natural gas exports prior to the November election, and his January pause on LNG export permits was considered as a way to appease young, climate-minded voters who felt alienated by his administration’s approval of the $8 billion Willow oil development in Alaska last year. But he also faces pressure from voters to keep gasoline prices low. Exporting more US crude into the international petroleum market can help do that, by lowering crude prices. “It’s true that under-30 voters can make the difference at the margin in close swing states, but if gasoline prices keep rising, those swing states won’t be close,” said Kevin Book, managing director of consulting firm ClearView Energy Partners. “From a political perspective, the White House wants to win over young voters, but the White House needs to look like they are taking action on high gasoline prices.”
6.
Copyright © 2024
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 6 UK Drops Hydrogen Town in Blow for Using Fuel in Home Heating (Bloomberg) + NewBase The UK government scrapped plans for a “hydrogen town” pilot, in another setback for the country’s plans to use the fuel to decarbonize its heating systems. The UK has been exploring hydrogen’s potential to replace gas — which heats most British homes — but trials in Redcar and Whitby have already been canceled after local opposition. It still plans to make a decision in 2026 on whether hydrogen has a role to play in large-scale residential heating, according to a statement on Thursday from the government. Rishi Sunak has been slammed by his climate advisers after softening parts of the UK’s green agenda last year. The prime minister has argued the UK is overachieving on its green goals and can afford to slow down on renewable energy, efficient boilers and home insulation, but he’s also been accused of trying to weaponize net zero ahead of elections this year. Decarbonizing home heating is one of the steepest hills the UK has to climb to reach net zero because the housing stock is warmed predominantly by gas and, in some cases, oil boilers. The country is also lagging behind other European nations in installing heat pumps. Some industry experts said consideration of hydrogen for home heating has been as a distraction, and welcomed the decision to shelve the pilot project. “Today’s decision makes clear that all attention and investment should be focused on readily available clean heat solutions, like heat pumps and heat networks,” said Juliet Phillips, UK energy program lead at climate change think tank E3G.
7.
Copyright © 2024
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 7 China Takes Advantage of Cheap Gas and Coal to Rebuild Stocks (Bloomberg) China is taking advantage of lower international prices for coal and natural gas to replenish stockpiles of power fuels ahead of another long, hot summer. Gas imports through the end of April jumped 21% from the previous year, while coal purchases climbed 13%. The increase in coal in particular has defied predictions that imports would moderate from last year’s record-setting pace, and comes after domestic production posted its first quarterly drop since the third quarter of 2020. Coal miners are wrestling with heightened scrutiny on safety after a spate of fatal accidents, as well as depleting quality after the rush to expand capacity in recent years. Producers of China’s mainstay fuel are also putting limits on output growth as Beijing’s deadline to peak coal consumption by 2025 approaches. That’s forcing utilities to lean more heavily on imports, an advantage given relatively lower fuel costs on the global market. The Japan-Korea marker for liquefied natural gas, Asia’s benchmark, averaged just over $9 per million British thermal units in the first quarter, down from $18 in the same period in 2023. Newcastle coal futures in major exporter Australia averaged $127 a ton, from $236 in the prior year. Ensuring power supplies has been a priority for policymakers since a series of embarrassing shortages in 2021 and 2022 forced widespread factory shutdowns. Meanwhile, another unusually hot summer in the northern hemisphere is forecast, which is likely to raise demand for airconditioning in coming months. Even as China has dramatically ramped up wind and solar in recent years, its power demand, including from electric vehicles, continues to outpace new supply, creating an ever greater need for fossil fuels. This year China’s power consumption is expected to increase 8% in the first half, with
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 8 peak demand expected to surpass last year’s record by 100 gigawatts — the equivalent of adding Australia to the grid. Still, there are signs the country may have reached a tipping point where new clean energy installations are enough to meet additional usage, which will push fossil fuels and their emissions into a long-term decline. Gas and coal prices have also inched up in recent weeks, leading some gas buyers to offer to resell summer cargoes, suggesting that the surge in imports may cool.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 9 EU Sanctions on Russian LNG Would Mean for Global Gas (Bloomberg) Since the start of Russia’s invasion of Ukraine, Europe and its allies have looked for ways to curb Moscow’s fossil fuel revenues without inflicting higher energy costs on their own citizens. The latest plan: ban use of European Union ports for re-exporting liquefied natural gas. Russian producer Novatek PJSC relies on stopovers in the EU to move Arctic fuel from ice-class ships onto conventional tankers. While choking off its access won’t prevent cargoes from reaching Europe — where LNG imports from Russia have actually increased in the aftermath of the war — it will make it harder to send them onward to third countries in Asia, potentially angering key buyers such as China or India. EU policymakers are discussing the move as part of their 14th package of sanctions against Russia. While it isn’t an outright ban, it would mark the first time Europe enforces concrete measures against Russian LNG. If approved, the measure may lead to even more Russian fuel circulating in Europe. It would also likely trigger contractual challenges for European logistics firms and political backlash from other gas-buying nations.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 10 What exactly will be sanctioned? To optimize shipping costs, the Arctic-based Yamal LNG project — led by Novatek — relies on the ports of Zeebrugge in Belgium and Montoir in France to transfer cargoes from its 15 ice-class vessels onto conventional tankers. Typically, an arriving ship discharges at the terminal and a standard LNG carrier loads at about the same time. That will no longer be possible under the ban. For Yamal LNG, the stopovers are necessary to allow highly-specialized vessels to return to the Arctic plant, where conditions are too harsh for regular ones. Ship-tracking data indicate that up to eight Russian cargoes are transshipped in Europe in some months, although the number varies and drops significantly during summer and autumn, when the Northern Sea Route across the Arctic has less ice and provides faster access to China. What will it mean for European LNG purchases? EU imports of Russian LNG totaled 14.4 million tons last year, according to consultant Energy Aspects Ltd. Transshipments, where the fuel is transferred, made up 2 million tons. A likely scenario is that a ban will lead to those extra volumes remaining in the bloc, where Russian LNG already holds a share of about 13%. For example, Novatek could unload cargoes meant for Asia in Europe and use locational swaps, said James Waddel, head of European gas and global LNG at Energy Aspects. This means it would source gas elsewhere to supply Asian customers. As a result, that “would open up European governments to accusations that they are turning up their Russian LNG supply while claiming they are trying to minimize it,” Waddel said. Will Russian LNG production suffer? The sanctions would further complicate shipping logistics for Russia and force specialized vessels to travel over longer routes. Global fleets are already avoiding the Red Sea after attacks by Yemen’s Houthis, forcing journeys to reroute around Africa. Taking Yamal LNG cargoes directly to Asia would raise freight and logistics costs, according to Energy Aspects, and also tie up the icebreakers for longer. Russia does have some alternatives: it conducts ship-to-ship transfers near its northern city of Murmansk, which it could use to free up vessels. It can also make use of its Northern Sea Route during summer when ice melts and a variety of ships can access the plant. If alternative shipping arrangements fail, Russian LNG exports may be reduced. But the country has been pretty resourceful in getting around Western sanctions on oil. What will the ban mean for Asian customers? Russian LNG exports to Asian buyers could decline or become more expensive to account for higher freight costs, according to Energy Aspects. In an extreme scenario, “if Novatek were unable to reconfigure its logistics and Russian LNG exports were shut in, Europe would be disrupting a Russian supply contract with China for 3 million tons per year, which may generate a political backlash from China,” Waddel said. Relying on the Northern Sea Route or Murmansk transshipment would also depend on ice conditions, shifting supplies to Asia to the second half of each calendar year, he added. How would European companies be impacted?
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 11 European companies such as Germany’s state-owned Securing Energy for Europe GmbH, Shell Plc and TotalEnergies SE rely on transshipments in Zeebrugge and Montoir for Yamal cargoes, according to a contract base published by the global importers’ group. Those contracts won’t expire until 2038 and 2041, potentially opening the door to force majeure notices or contractual disputes if transshipments are banned. SEFE, for example, needs Yamal LNG volumes transshipped in Zeebrugge to serve its long-term contract with India’s GAIL Ltd. The chief of the German company told Bloomberg earlier this year that Yamal supplies could stay on the continent if it’s cheaper logistically, while supplying GAIL from other sources. SEFE said it’s monitoring the developments and declined to comment in detail on the potential impact of the sanctions package. Will there be other losers? One of the biggest losers might be Fluxys SA, which operates the Zeebrugge LNG terminal. The company built a dedicated storage tank at the terminal to service a 20-year contract with Yamal Trade, a trading arm for Yamal LNG. The terminal may announce a force majeure in case of sanctions on transshipments, or face penalties as high as €1 billion ($1.1 billion) if it cannot provide Yamal Trade the service for the remainder of the contract’s duration, according to one market estimate. A Fluxys spokesperson said it’s unclear what exactly will be covered by the sanctions, and therefore impossible to estimate the exact impact.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 12 NewBase May 13 -2024 Khaled Al Awadi NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE Oil Edges Higher in Tight Range as Traders Weigh China Outlook Oil edged higher on signs China may do more to boost growth, but remained within the narrow band in which it’s traded this month. Benchmark Brent was near $83 a barrel, after trading listlessly in a $4 range in May. While poor Chinese credit and inflation data at the weekend showed the government struggling to boost demand in the world’s top crude importer, a series of planned long-term sovereign bond sales point toward authorities seeking to do more to aid growth, and support energy consumption. Crude has flatlined after beginning a downward arc in mid-April, with prices giving up most of the risk premium triggered by tensions in the Middle East. Last week saw the biggest reduction in net- longs for Brent, West Texas Intermediate and the three main fuel futures contracts in a year, a sign of the speed with which traders have exited the market. Oil price special coverage Brent for July settlement was 0.3% higher at $83.02 a barrel at 11:20 a.m. in London. Earlier, Brent lost as much as 0.6%. WTI for June delivery rose 0.4% to $78.55 a barrel. Benchmark Brent crude trades near $83 a barrel in London OPEC, IEA reports this week to offer insight on global balance
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 13 “It’s been a reasonably wild ride if you go back for the last couple of months,” said Aldo Spanjer, senior commodities desk strategist at BNP Paribas, said in a Bloomberg TV interview. “Right now, not many people will see the fundamentals as supportive to bring supplies back,” Spanjer said of the next production moves from OPEC+. Iraqi Oil Minister Hayyan Abdul Ghani initially said at the weekend that Baghdad had cut production enough and wouldn’t agree to more. But later, he said that any decision was a matter for OPEC, and it would stick to whatever the group decided. The group meets with its allies June 1. Until then, oil traders are looking ahead to a data-heavy week. In addition to monthly reports from OPEC and the International Energy Agency, there will also be inflation figures in the coming days that will shape views of the Federal Reserve’s trajectory on interest rates.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 14 Hawk Energy Sees Oil at $85-$100 This Year With Strong Demand Growth That’s a ‘ foreseeable & sensible range,’ Hawk Energy CEO M. Al Shihabi says Demand set to grow to 104 MBD up by 2.0 MBD, in 2024: Al Awadhi says
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 15 NewBase Specual Coverage The Energy world – May 13 -2024 CLEAN ENERGY India fires up coal use and emissions during election, heat wave Gavin Maguire, Reuters News India's coal-fired electricity generation and power sector emissions hit record highs during the first quarter as above-average temperatures spurred higher air conditioner use and economic expansion drove greater overall power consumption. Coal-fired electricity output hit 338 terawatt hours during the first quarter of 2024, according to think tank Ember, which marked a 9.6% rise from the same quarter in 2023. Total power sector emissions climbed by the same degree to a record 316 million metric tons of carbon dioxide and equivalent gases. The country's power sector discharged a record 108 million tons of CO2 in March alone, and has emitted more than 100 million tons of CO2 each month so far in 2024, a record stretch for the country's power suppliers. An extended heat wave throughout much of the country has likely resulted in even higher coal-fired generation since March, as power firms attempt to avert outages during the ongoing general election. INTENSE HEAT A key driver of the high levels of coal use has been the extended stretch of above-normal temperatures across much of the country.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 16 Recorded high temperatures in the northern state of Haryana, which borders the country's capital New Delhi, have averaged 38.7 degrees Celsius (101.6 degrees Fahrenheit) since April 1, 9.2 C or 31% above the long-term average, according to LSEG data. In New Delhi itself, recorded high temperatures have surpassed 35 C (95 F) on 26 of the 38 days since April 1, with temperatures averaging around 15% above normal, according to the Weather Underground data service. The mean temperature in eastern India during April was 28.12 C (82.61 F), the highest since records began in 1901, according to the India Meteorological Department.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 17 Such a prolonged heat wave has resulted in at least nine deaths and reduced voter turnout at election offices as people sought refuge during the hottest parts of the day. COOL DRIVE A key means of keeping cool is through the use of air conditioners, which are power-hungry devices that are becoming increasingly popular in homes and businesses throughout the country. India has an estimated 93 million air conditioning units installed as of 2024, according to the International Energy Agency (IEA), which in a 2023 report noted that space cooling demand has been a major driver of India's growing electricity demand. "Between 2019 and 2023, India's hourly electricity demand on a high-temperature day in June (above 36 C maximum daily temperature) increased on average by about 28%, caused largely by increased ownership of air conditioners to meet higher cooling needs and other appliances." Due to expected further increases in average temperatures in India over the coming decades, electricity demand for household air conditioners is projected to increase nine-fold by 2050, to more than 1.1 billion air conditioning units, IEA data shows. COOLING WITH COAL To keep up with demand, India's electricity producers must crank coal-fired power generation, which accounts for more than 75% of total electricity output in the country, according to Ember. Indian utilities have aggressively increased generation from renewable sources in recent years, with solar output during the first quarter of 2024 roughly twice the generation total during the same period in 2020.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 18 Output from wind farms has also grown since 2020, by around 30%. But production from hydro dams is historically volatile due to swings in India's rainfall patterns, with first-quarter 2024 hydro output down 20% from the same period of 2023. And generation from nuclear plants is largely flat, so power firms remain highly reliant on fossil fuels for the lion's share of the country's electricity. As the emissions stemming from the use of those fuels contributes to further climate change and rising temperatures, the country looks set to remain locked in a vicious cycle of needing to burn more coal to keep cool. The opinions expressed here are those of the author, a columnist for Reuters.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 19 NewBase Energy News 13- May - Issue No. 1724 call on +971504822502, UAE The Editor:” Khaled Al Awadi” Your partner in Energy Services NewBase energy news is produced Twice a week and sponsored by Hawk Energy Service – Dubai, UAE. For additional free subscriptions, please email us. About: Khaled Malallah Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Emarat member since 1990 ASME member since 1995 Hawk Energy member 2010 www.linkedin.com/in/khaled-al-awadi-38b995b Mobile: +971504822502 khdmohd@hawkenergy.net or khdmohd@hotmail.com Khaled Al Awadi is a UAE National with over 30 years of experience in the Oil & Gas sector. Has Mechanical Engineering BSc. & MSc. Degrees from leading U.S. Universities. Currently working as self leading external Energy consultant for the GCC area via many leading Energy Services companies. Khaled is the Founder of the NewBase Energy news articles issues, Khaled is an international consultant, advisor, ecopreneur and journalist with expertise in Gas & Oil pipeline Networks, waste management, waste-to-energy, renewable energy, environment protection and sustainable development. His geographical areas of focus include Middle East, Africa and Asia. Khaled has successfully accomplished a wide range of projects in the areas of Gas & Oil with extensive works on Gas Pipeline Network Facilities & gas compressor stations. Executed projects in the designing & constructing of gas pipelines, gas metering & regulating stations and in the engineering of gas/oil supply routes. Has drafted & finalized many contracts/agreements in products sale, transportation, operation & maintenance agreements. Along with many MOUs & JVs for organizations & governments authorities. Currently dealing for biomass energy, biogas, waste-to-energy, recycling and waste management. He has participated in numerous conferences and workshops as chairman, session chair, keynote speaker and panelist. Khaled is the Editor-in-Chief of NewBase Energy News and is a professional environmental writer with over 1400 popular articles to his credit. He is proactively engaged in creating mass awareness on renewable energy, waste management, plant Automation IA and environmental sustainability in different parts of the world. Khaled has become a reference for many of the Oil & Gas Conferences and for many Energy program broadcasted internationally, via GCC leading satellite Channels. Khaled can be reached at any time, see contact details above.
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NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 20
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