NewBase Energy News 03 September 2020 - Issue 1370 by Senior Editor Khaled AlawadiNewBase Energy News 03 September 2020 - Issue 1370 by Senior Editor Khaled Alawadi
Greetings,
Attached FYI ( NewBase Special 09 December 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:-
• Indonesia eyes partnerships with Qatar in oil and gas exploration
• Saudi Arabia shipping more Nov-Dec crude to Asia to meet robust demand
• Saudi: Sadara starts up first Solution polyethylene plant in Mideast
• Mexico Receives Record $6.3B From Oil Hedge Program
• Oil prices edge up amid ongoing commodity downturn
• Oil's prices plunge hammers U.S. funds, humbles savviest investors
• Global E&P Spending to Continue to Fall; Possible Recovery Seen Late 2016
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
New base 1002 special 19 february 2017 energy newsKhaled Al Awadi
The document discusses the launch of a new offshore drilling rig, Al Hudairiyat, by National Drilling Company (NDC) in the United Arab Emirates. NDC is building nine jack-up rigs to support oil and gas exploration and production for Abu Dhabi National Oil Company. The new rig brings the total number of rigs built by NDC and Lamprell, its manufacturing partner, to eight. It also discusses rising US shale drilling as oil prices remain above $50 per barrel due to OPEC production cuts. Drilling activity is increasing most in the Permian Basin and Oklahoma plays.
New base energy news november 13 2018 no-1213 by khaled al awadiKhaled Al Awadi
- Adnoc signed agreements with Aramco and an Indian firm to explore investments in gas and LNG, and to store oil in India respectively. The deals aim to expand revenues and energy security.
- Mubadala Petroleum purchased a 20% stake in an Egyptian offshore oil concession from Eni, expanding its position in Egypt.
- Oil prices fell over 1% after Trump urged OPEC not to cut supply, despite Saudi plans to cut 1 million bpd to prevent oversupply. Traders said rising US production and a strong dollar also weighed on prices.
New base energy news 01 april 2019 issue no 1236 by khaled al awadiKhaled Al Awadi
- Motorists in the UAE will pay more for gasoline in April as fuel prices increased by 9-10% following movements in global oil markets. The price of super 98 gasoline rose 19 fils to Dh2.23 per liter, special 95 rose 19 fils to Dh2.11 per liter, and diesel rose 8 fils to Dh2.49 per liter.
- Adnoc awarded exploration rights for an onshore block in Abu Dhabi to a consortium of Indian state-backed oil companies, Bharat Petroleum Corporation and Indian Oil Corporation. The consortium will invest $626 million and have a chance to develop existing oil and gas discoveries.
- Saudi Aramco
New base special 08 january 2014 khaled alawadiKhaled Al Awadi
Marubeni Corporation, a major Japanese trading house, has become a trading member of the Dubai Mercantile Exchange (DME). This comes amid continued growth for the DME, with a 20% rise in participants year-over-year. The DME facilitates crude oil trading between the Middle East and Asia. In another development, Abu Dhabi National Chemicals Company and Indorama Ventures have established a joint venture called Tacaamol to develop an aromatics plant in Abu Dhabi. Additionally, Iraq says a proposed pipeline project to transport oil and gas to Jordan and Egypt will be financed through investment by executing companies rather than direct financing from Iraq.
Marubeni Corporation, a major Japanese trading house, has become a trading member of the Dubai Mercantile Exchange (DME). This comes as DME has seen a 20% year-over-year rise in participant numbers, with strong interest from Asia. DME facilitates crude oil trading between the Middle East and Asia. The chief executive of DME welcomed Marubeni and said their membership was a major endorsement of DME's role in benchmarking crude oil prices for Asian markets. A Marubeni executive said the company was excited to be part of the transparent price mechanism that DME provides for Asian crude markets.
Marubeni Corporation, a major Japanese trading house, has become a trading member of the Dubai Mercantile Exchange (DME). This comes amid continued growth for the DME, with a 20% rise in participant numbers year-over-year. The DME facilitates crude oil trading between the Middle East and Asia. In another development, Abu Dhabi National Chemicals Company (ChemaWEyaat) and Indorama Ventures have established a joint venture called Tacaamol to develop an aromatics plant in Abu Dhabi with a capacity to produce 1.4 million tons of paraxylene and 0.5 million tons of benzene annually. Additionally, Iraq says that a proposed pipeline to transport
Greetings,
Attached FYI ( NewBase Special 09 December 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:-
• Indonesia eyes partnerships with Qatar in oil and gas exploration
• Saudi Arabia shipping more Nov-Dec crude to Asia to meet robust demand
• Saudi: Sadara starts up first Solution polyethylene plant in Mideast
• Mexico Receives Record $6.3B From Oil Hedge Program
• Oil prices edge up amid ongoing commodity downturn
• Oil's prices plunge hammers U.S. funds, humbles savviest investors
• Global E&P Spending to Continue to Fall; Possible Recovery Seen Late 2016
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
New base 1002 special 19 february 2017 energy newsKhaled Al Awadi
The document discusses the launch of a new offshore drilling rig, Al Hudairiyat, by National Drilling Company (NDC) in the United Arab Emirates. NDC is building nine jack-up rigs to support oil and gas exploration and production for Abu Dhabi National Oil Company. The new rig brings the total number of rigs built by NDC and Lamprell, its manufacturing partner, to eight. It also discusses rising US shale drilling as oil prices remain above $50 per barrel due to OPEC production cuts. Drilling activity is increasing most in the Permian Basin and Oklahoma plays.
New base energy news november 13 2018 no-1213 by khaled al awadiKhaled Al Awadi
- Adnoc signed agreements with Aramco and an Indian firm to explore investments in gas and LNG, and to store oil in India respectively. The deals aim to expand revenues and energy security.
- Mubadala Petroleum purchased a 20% stake in an Egyptian offshore oil concession from Eni, expanding its position in Egypt.
- Oil prices fell over 1% after Trump urged OPEC not to cut supply, despite Saudi plans to cut 1 million bpd to prevent oversupply. Traders said rising US production and a strong dollar also weighed on prices.
New base energy news 01 april 2019 issue no 1236 by khaled al awadiKhaled Al Awadi
- Motorists in the UAE will pay more for gasoline in April as fuel prices increased by 9-10% following movements in global oil markets. The price of super 98 gasoline rose 19 fils to Dh2.23 per liter, special 95 rose 19 fils to Dh2.11 per liter, and diesel rose 8 fils to Dh2.49 per liter.
- Adnoc awarded exploration rights for an onshore block in Abu Dhabi to a consortium of Indian state-backed oil companies, Bharat Petroleum Corporation and Indian Oil Corporation. The consortium will invest $626 million and have a chance to develop existing oil and gas discoveries.
- Saudi Aramco
New base special 08 january 2014 khaled alawadiKhaled Al Awadi
Marubeni Corporation, a major Japanese trading house, has become a trading member of the Dubai Mercantile Exchange (DME). This comes amid continued growth for the DME, with a 20% rise in participants year-over-year. The DME facilitates crude oil trading between the Middle East and Asia. In another development, Abu Dhabi National Chemicals Company and Indorama Ventures have established a joint venture called Tacaamol to develop an aromatics plant in Abu Dhabi. Additionally, Iraq says a proposed pipeline project to transport oil and gas to Jordan and Egypt will be financed through investment by executing companies rather than direct financing from Iraq.
Marubeni Corporation, a major Japanese trading house, has become a trading member of the Dubai Mercantile Exchange (DME). This comes as DME has seen a 20% year-over-year rise in participant numbers, with strong interest from Asia. DME facilitates crude oil trading between the Middle East and Asia. The chief executive of DME welcomed Marubeni and said their membership was a major endorsement of DME's role in benchmarking crude oil prices for Asian markets. A Marubeni executive said the company was excited to be part of the transparent price mechanism that DME provides for Asian crude markets.
Marubeni Corporation, a major Japanese trading house, has become a trading member of the Dubai Mercantile Exchange (DME). This comes amid continued growth for the DME, with a 20% rise in participant numbers year-over-year. The DME facilitates crude oil trading between the Middle East and Asia. In another development, Abu Dhabi National Chemicals Company (ChemaWEyaat) and Indorama Ventures have established a joint venture called Tacaamol to develop an aromatics plant in Abu Dhabi with a capacity to produce 1.4 million tons of paraxylene and 0.5 million tons of benzene annually. Additionally, Iraq says that a proposed pipeline to transport
New base special 08 january 2014 khaled al awai li part 1Khaled Al Awadi
Marubeni Corporation, a major Japanese trading house, has become a trading member of the Dubai Mercantile Exchange (DME). This comes as DME has seen a 20% year-on-year rise in participant numbers, with strong interest from Asia. DME facilitates crude oil trading between the Middle East and Asia. The chief executive of DME welcomed Marubeni and said their membership was a major endorsement of DME's role in benchmarking crude oil prices for Asian markets. A Marubeni executive said the company was excited to be part of the transparent price mechanism that DME provides for Asian crude markets.
Yanbu Aramco Sinopec Refining Co (Yasref) has started trial runs at its new 400,000-barrel-per-day refinery in Yanbu, Saudi Arabia, a joint venture between Saudi Aramco and Sinopec. The refinery will process Arab Heavy crude and produce gasoline, diesel, and other products. Initial exports of some products like naphtha are expected in late October as operations are stabilized. The startup of this large new refinery could exacerbate the current global oil supply glut and further decrease margins for European and Asian refiners. DNO, an oil and gas operator, has received a two-year extension for its production sharing agreement for the frontier exploration
Greetings,
Attached FYI ( NewBase Special 25 January 2016 ) , 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:-
• Saudi Aramco chairman says IPO could be open to international markets
• GCC: Is a wave of privatisation about to sweep the GCC?
• Qatar: GE Oil & Gas, Qafco in gas turbines’ maintenance deal
• Egypt: revives manufacturing for wind turbine plans
• Norway Holds Talks on Economic Cost of Oil's Plunge ‘No Crisis’
• Japan Oil Imports Fall to Lowest Since 1988 as Demand Drops
• Crude extends gains after surge on short-covering, cold spell
• Slow return of Iranian oil to global market seen
• Oil ‘a blessing and curse for Russia’s economy’
• Global solar PV installations to reach 321 gigawatts by end-2016
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
Drydocks World, an international maritime service provider, has established ABB's first turbocharging service point in the Middle East within its Dubai facility. The partnership will promote shared benefits and enhance turbocharger service for customers at Drydocks World. ABB engineers will be permanently based at the new service center, allowing for quick and professional turbocharger maintenance. Several oil exporting countries in the Middle East and North Africa are projected to run fiscal deficits in 2014 despite oil prices near $100 per barrel, as government spending has increased rapidly while break-even oil prices have risen.
New base 1007 special 02 march 2017 energy news 22Khaled Al Awadi
National oil companies in the GCC have strengthened in response to low oil prices, demonstrating financial acumen by cutting budgets while maintaining supply. They are evolving to operate more efficiently like international companies. Saudi Aramco's planned IPO shows how national oil companies must balance commercial, social, and political responsibilities. Saudi Arabia and other Gulf producers want oil prices to rise to around $60/barrel in 2017 to encourage investment without spurring increased US shale production.
Microsoft word new base 771 special 24 january 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 24 January 2016 ) , 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: Occidental to expand Al Hosn sour gas project
• Oman is the largest non-OPEC oil producer in the Middle East
• Oman can weather current economic environment, says expert
• Iraq oil exports at record, ‘unaffected by return of Iran’
• UK: Aberdeen once-rich oil city now relying on food banks
• US: winter storm may cause problems for East Coast energy infrastructure
• Oil ends massive slide Up with 9% pop
• US oil drillers park more rigs after latest crude price plunge
• Moody’s slashes oil price estimate for 2016
• Tullow launches huge deepwater production vessel despite oil glut
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 201
Greetings,
Attached FYI ( NewBase Special 28 May 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:-
• GCC investments in key areas continue even with weak oil
• Saudi-Kuwait :Chevron says output from joint Wafra oilfield remain shut
• Oman:firms vie for Musandam power plant PMCS contract
• Saudi's summer oil demand for power generation to climb
• Algeria PM says ready to relaunch Galsi gas project
• Oman:Waste-to-Energy project feasibility report by Q3
• Indonesia: Lofin-2 flows gas - confirms material discovery
• S.Africa: Chevron Seeks to Share $1 Billion SA Refinery Cost
• Angola: Total produces two billion barrels on deep offshore 17
• US: Proposed Clean Power Plan rule cuts power sector CO2 emissions
• GCC national oil firms can face challenges of oil slump: A.T. Kearney
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
New base 990 special 22 january 2017 energy newsKhaled Al Awadi
- Emirates National Oil Company (Enoc) has appointed Sheikh Hamdan bin Rashid Al Maktoum as the new chairman of Dragon Oil, Enoc's upstream subsidiary, as it prepares Dragon Oil for expansion. Saif Al Falasi, Enoc's CEO, will continue as Dragon Oil's CEO for now.
- Enoc wants to use Dragon Oil as its primary platform for expanding upstream oil and gas operations to complement its refining and retail assets and enhance Dubai's energy security.
- President Khalifa bin Zayed Al Nahyan of the UAE established Mubadala Investment Company by transferring stakes in other companies to it and appointing a board of directors chaired
The UAE has agreed to help India boost its strategic crude oil storage capacity of 5.03 million metric tonnes. A joint working group between the two countries will be formed to support establishing oil reserves in India in a way that serves both countries' strategic interests. India has already completed the first part of developing oil storage facilities at three southern locations. The UAE's support comes as India looks to improve its energy security through increasing oil reserves.
New base energy news issue 848 dated 11 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 11 May 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:-
• Saudi Aramco finalises IPO options and plans global expansion
• Saudi Aramco CEO Sees `Significant Growth' in Oil Output in 2016
• Iran Is Almost Ready to Talk to Limits on Oil, as Production normalized
• India: Dirty Coal Chokes Most Polluted City as Cleaner Power Idles
• Kenya: Africa Oil announces significant increase in 2C oil resources in Kenya's South Lokichar Basin Maylasia: Petronas floats out its second FLNG unit
• US: Shell gives up on all but one Chukchi Sea lease
• Oil dips on record U.S. inventories; Canada output to improve
• Crude oil volatility decreases as prices rise from early 2016 levels
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
Vedanta Limited and Cairn India Limited announced a merger between the two companies. Key points:
- Cairn India shareholders will receive 1 equity share and 1 redeemable preference share in Vedanta Limited for each Cairn India share held.
- The merger will diversify Vedanta's portfolio and improve its ability to allocate capital across projects. It is expected to deliver cost savings and support strong dividend distribution.
- Independent advisors and boards of both companies have unanimously approved the merger as in shareholders' best interests. The transaction is subject to various regulatory approvals and expected to close in the first quarter of 2016.
Greetings,
Attached FYI ( NewBase Special 19 April 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:-
• ADNOC to start monthly oil product deliveries to Egypt
• UAE and Saudi refineries in demand as conflict-hit Iraq and Yemen suffer outages
• Dubai oil firm to invest $10bn in Philippines
• India ONGC to invest $176bn despite oil price slump
• India nuclear sector trickles down
• Oil supplies on 2015 peaks, Price jumps 9.6pc on the week
• U.S. Oil-Rig count Extends to 19th Week With Drop of 26
• Canada’s oil sands determined to weather price plunge
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
- An Indian firm called Zuari Agro Chemicals will invest $950 million to build a Diammonium Phosphate manufacturing plant in Ras Al Khaimah, UAE.
- The plant signing ceremony was attended by the Ruler of Ras Al Khaimah and executives from Zuari Agro Chemicals and Alpen Capital, the financial advisor.
- Abu Dhabi's largest oil refinery in Ruwais is upgrading facilities to exclusively produce lower-sulfur 10 ppm diesel by July in order to meet increasingly stringent fuel standards.
The document discusses several topics related to energy and fertilizer industries. It begins by summarizing comments from the CEO of Qatar Fertiliser Company about the need for GCC countries to invest in research and development to expand their product portfolios and stay competitive. It then discusses a convention focused on sustainability in fertilizer production. Several other articles discuss offshore oil production in Abu Dhabi and disputes over cash calls for an oil block in Iraq. The document ends by outlining the potential economic benefits of developing underground coal gasification in the UK.
Vedanta Resources is acquiring a majority stake in Cairn India from Cairn Energy for $8.68 billion. This deal allows Vedanta to diversify into the oil and gas sector from its core metals and mining business. Some key issues pertaining to the deal include integrating Cairn India's operations, managing different stakeholder interests, and addressing financial and regulatory concerns regarding the large acquisition. The deal is expected to benefit both companies by providing growth opportunities while maintaining stability for Cairn India's business and management.
Vedanta PLC acquired Cairn India Ltd in 2011. The acquisition faced several regulatory hurdles due to Cairn India being in the oil and gas sector while Vedanta's core business was in base metals. Extensive financial, legal, and environmental due diligence was conducted. Regulatory clearances were required from DIPP, SEBI, the Oil Ministry, and others. Pre-conditions for the deal included Cairn India withdrawing arbitration cases regarding royalty payments and accepting revised royalty terms. Potential deal breakers centered around cess and royalty issues identified during diligence that could financially impact the valuation. After adjustments to address regulatory concerns, the acquisition was approved.
Greetings,
Attached FYI ( NewBase Special 28 January 2016 ) , 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:-
• Kuwait plans to expand crude production to
• Saudi Aramco dials back IPO talk
• Senegal: Kosmos Energy Makes 'Significant' Gas Find Offshore
• UK: Mainstream announces equity consortium ready to take £2 billion Scottish UK: Hinkley Point go-ahead delayed amid EDF funding doubts
• U.S. shale firms, struggling to profit with $30 oil, slash spending more
• Oil falls back & jumpings on hopes of Russia, OPEC cooperation
• Cheap Oil Bails Out Free-Spending U.K. Consumers
• Shell Wins Investor Approval to Buy BG, Sealing Deal
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
Greetings,
Attached FYI ( NewBase Special 28 January 2016 ) , 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:-
http://www.slideshare.net/khdmohd/new-base-775-special-28-january-2016
• Kuwait plans to expand crude production to
• Saudi Aramco dials back IPO talk
• Senegal: Kosmos Energy Makes 'Significant' Gas Find Offshore
• UK: Mainstream announces equity consortium ready to take £2 billion Scottish UK: Hinkley Point go-ahead delayed amid EDF funding doubts
• U.S. shale firms, struggling to profit with $30 oil, slash spending more
• Oil falls back & jumpings on hopes of Russia, OPEC cooperation
• Cheap Oil Bails Out Free-Spending U.K. Consumers
• Shell Wins Investor Approval to Buy BG, Sealing Deal
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 2
New base 21 november 2017 energy news issue 1103 by khaled al awadiKhaled Al Awadi
The document discusses several developments in the global oil and gas industry:
1) ADNOC plans to sell up to 20% of its fuel distribution unit in an IPO on the Abu Dhabi stock exchange to raise cash and diversify revenues.
2) SDX Energy provides an update on natural gas wells in Morocco, reporting better-than-expected production from one well.
3) Iraq's fluctuating oil production, as it exceeds OPEC quotas but then sees disruptions, adds uncertainty for OPEC as it decides on extending supply cuts.
4) Major gas exporters meeting in Bolivia face pressure to offer more flexible contracts as global supply of LNG increases competition
New base energy news issue 850 dated 15 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 15 May 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: dnoc revamps leadership, sets new corporate regime
• Iraq oil projects face delays as companies resist spending cuts
• UK: Statoil, Statkraft, Masdar raise $1.9b for Dudgeon wind farm
• India:H-Energy to Build Eastern India's First Gas Pipeline
• Nigeria Oil Output Slumps Further as Exxon Pipeline Damaged
• China Processes Record Crude 10.93 MBD on Boost From Independent Refiners
• U.S. oil drillers cut rigs for 8th week to Oct 2009 lows: Baker Hughes
• WTI at 46.21 & Brent at 47.83, with U.S. energy bankruptcy wave surges
• Saudi Arabia and Bahrain See Low Oil Price Prompt Ratings Cut
• More cities taking the plunge to use 100% renewable energy
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
New base special 08 january 2014 khaled al awai li part 1Khaled Al Awadi
Marubeni Corporation, a major Japanese trading house, has become a trading member of the Dubai Mercantile Exchange (DME). This comes as DME has seen a 20% year-on-year rise in participant numbers, with strong interest from Asia. DME facilitates crude oil trading between the Middle East and Asia. The chief executive of DME welcomed Marubeni and said their membership was a major endorsement of DME's role in benchmarking crude oil prices for Asian markets. A Marubeni executive said the company was excited to be part of the transparent price mechanism that DME provides for Asian crude markets.
Yanbu Aramco Sinopec Refining Co (Yasref) has started trial runs at its new 400,000-barrel-per-day refinery in Yanbu, Saudi Arabia, a joint venture between Saudi Aramco and Sinopec. The refinery will process Arab Heavy crude and produce gasoline, diesel, and other products. Initial exports of some products like naphtha are expected in late October as operations are stabilized. The startup of this large new refinery could exacerbate the current global oil supply glut and further decrease margins for European and Asian refiners. DNO, an oil and gas operator, has received a two-year extension for its production sharing agreement for the frontier exploration
Greetings,
Attached FYI ( NewBase Special 25 January 2016 ) , 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:-
• Saudi Aramco chairman says IPO could be open to international markets
• GCC: Is a wave of privatisation about to sweep the GCC?
• Qatar: GE Oil & Gas, Qafco in gas turbines’ maintenance deal
• Egypt: revives manufacturing for wind turbine plans
• Norway Holds Talks on Economic Cost of Oil's Plunge ‘No Crisis’
• Japan Oil Imports Fall to Lowest Since 1988 as Demand Drops
• Crude extends gains after surge on short-covering, cold spell
• Slow return of Iranian oil to global market seen
• Oil ‘a blessing and curse for Russia’s economy’
• Global solar PV installations to reach 321 gigawatts by end-2016
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
Drydocks World, an international maritime service provider, has established ABB's first turbocharging service point in the Middle East within its Dubai facility. The partnership will promote shared benefits and enhance turbocharger service for customers at Drydocks World. ABB engineers will be permanently based at the new service center, allowing for quick and professional turbocharger maintenance. Several oil exporting countries in the Middle East and North Africa are projected to run fiscal deficits in 2014 despite oil prices near $100 per barrel, as government spending has increased rapidly while break-even oil prices have risen.
New base 1007 special 02 march 2017 energy news 22Khaled Al Awadi
National oil companies in the GCC have strengthened in response to low oil prices, demonstrating financial acumen by cutting budgets while maintaining supply. They are evolving to operate more efficiently like international companies. Saudi Aramco's planned IPO shows how national oil companies must balance commercial, social, and political responsibilities. Saudi Arabia and other Gulf producers want oil prices to rise to around $60/barrel in 2017 to encourage investment without spurring increased US shale production.
Microsoft word new base 771 special 24 january 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 24 January 2016 ) , 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: Occidental to expand Al Hosn sour gas project
• Oman is the largest non-OPEC oil producer in the Middle East
• Oman can weather current economic environment, says expert
• Iraq oil exports at record, ‘unaffected by return of Iran’
• UK: Aberdeen once-rich oil city now relying on food banks
• US: winter storm may cause problems for East Coast energy infrastructure
• Oil ends massive slide Up with 9% pop
• US oil drillers park more rigs after latest crude price plunge
• Moody’s slashes oil price estimate for 2016
• Tullow launches huge deepwater production vessel despite oil glut
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 201
Greetings,
Attached FYI ( NewBase Special 28 May 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:-
• GCC investments in key areas continue even with weak oil
• Saudi-Kuwait :Chevron says output from joint Wafra oilfield remain shut
• Oman:firms vie for Musandam power plant PMCS contract
• Saudi's summer oil demand for power generation to climb
• Algeria PM says ready to relaunch Galsi gas project
• Oman:Waste-to-Energy project feasibility report by Q3
• Indonesia: Lofin-2 flows gas - confirms material discovery
• S.Africa: Chevron Seeks to Share $1 Billion SA Refinery Cost
• Angola: Total produces two billion barrels on deep offshore 17
• US: Proposed Clean Power Plan rule cuts power sector CO2 emissions
• GCC national oil firms can face challenges of oil slump: A.T. Kearney
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MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
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Hawk Energy since 2010
New base 990 special 22 january 2017 energy newsKhaled Al Awadi
- Emirates National Oil Company (Enoc) has appointed Sheikh Hamdan bin Rashid Al Maktoum as the new chairman of Dragon Oil, Enoc's upstream subsidiary, as it prepares Dragon Oil for expansion. Saif Al Falasi, Enoc's CEO, will continue as Dragon Oil's CEO for now.
- Enoc wants to use Dragon Oil as its primary platform for expanding upstream oil and gas operations to complement its refining and retail assets and enhance Dubai's energy security.
- President Khalifa bin Zayed Al Nahyan of the UAE established Mubadala Investment Company by transferring stakes in other companies to it and appointing a board of directors chaired
The UAE has agreed to help India boost its strategic crude oil storage capacity of 5.03 million metric tonnes. A joint working group between the two countries will be formed to support establishing oil reserves in India in a way that serves both countries' strategic interests. India has already completed the first part of developing oil storage facilities at three southern locations. The UAE's support comes as India looks to improve its energy security through increasing oil reserves.
New base energy news issue 848 dated 11 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 11 May 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:-
• Saudi Aramco finalises IPO options and plans global expansion
• Saudi Aramco CEO Sees `Significant Growth' in Oil Output in 2016
• Iran Is Almost Ready to Talk to Limits on Oil, as Production normalized
• India: Dirty Coal Chokes Most Polluted City as Cleaner Power Idles
• Kenya: Africa Oil announces significant increase in 2C oil resources in Kenya's South Lokichar Basin Maylasia: Petronas floats out its second FLNG unit
• US: Shell gives up on all but one Chukchi Sea lease
• Oil dips on record U.S. inventories; Canada output to improve
• Crude oil volatility decreases as prices rise from early 2016 levels
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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
Vedanta Limited and Cairn India Limited announced a merger between the two companies. Key points:
- Cairn India shareholders will receive 1 equity share and 1 redeemable preference share in Vedanta Limited for each Cairn India share held.
- The merger will diversify Vedanta's portfolio and improve its ability to allocate capital across projects. It is expected to deliver cost savings and support strong dividend distribution.
- Independent advisors and boards of both companies have unanimously approved the merger as in shareholders' best interests. The transaction is subject to various regulatory approvals and expected to close in the first quarter of 2016.
Greetings,
Attached FYI ( NewBase Special 19 April 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:-
• ADNOC to start monthly oil product deliveries to Egypt
• UAE and Saudi refineries in demand as conflict-hit Iraq and Yemen suffer outages
• Dubai oil firm to invest $10bn in Philippines
• India ONGC to invest $176bn despite oil price slump
• India nuclear sector trickles down
• Oil supplies on 2015 peaks, Price jumps 9.6pc on the week
• U.S. Oil-Rig count Extends to 19th Week With Drop of 26
• Canada’s oil sands determined to weather price plunge
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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
- An Indian firm called Zuari Agro Chemicals will invest $950 million to build a Diammonium Phosphate manufacturing plant in Ras Al Khaimah, UAE.
- The plant signing ceremony was attended by the Ruler of Ras Al Khaimah and executives from Zuari Agro Chemicals and Alpen Capital, the financial advisor.
- Abu Dhabi's largest oil refinery in Ruwais is upgrading facilities to exclusively produce lower-sulfur 10 ppm diesel by July in order to meet increasingly stringent fuel standards.
The document discusses several topics related to energy and fertilizer industries. It begins by summarizing comments from the CEO of Qatar Fertiliser Company about the need for GCC countries to invest in research and development to expand their product portfolios and stay competitive. It then discusses a convention focused on sustainability in fertilizer production. Several other articles discuss offshore oil production in Abu Dhabi and disputes over cash calls for an oil block in Iraq. The document ends by outlining the potential economic benefits of developing underground coal gasification in the UK.
Vedanta Resources is acquiring a majority stake in Cairn India from Cairn Energy for $8.68 billion. This deal allows Vedanta to diversify into the oil and gas sector from its core metals and mining business. Some key issues pertaining to the deal include integrating Cairn India's operations, managing different stakeholder interests, and addressing financial and regulatory concerns regarding the large acquisition. The deal is expected to benefit both companies by providing growth opportunities while maintaining stability for Cairn India's business and management.
Vedanta PLC acquired Cairn India Ltd in 2011. The acquisition faced several regulatory hurdles due to Cairn India being in the oil and gas sector while Vedanta's core business was in base metals. Extensive financial, legal, and environmental due diligence was conducted. Regulatory clearances were required from DIPP, SEBI, the Oil Ministry, and others. Pre-conditions for the deal included Cairn India withdrawing arbitration cases regarding royalty payments and accepting revised royalty terms. Potential deal breakers centered around cess and royalty issues identified during diligence that could financially impact the valuation. After adjustments to address regulatory concerns, the acquisition was approved.
Greetings,
Attached FYI ( NewBase Special 28 January 2016 ) , 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:-
• Kuwait plans to expand crude production to
• Saudi Aramco dials back IPO talk
• Senegal: Kosmos Energy Makes 'Significant' Gas Find Offshore
• UK: Mainstream announces equity consortium ready to take £2 billion Scottish UK: Hinkley Point go-ahead delayed amid EDF funding doubts
• U.S. shale firms, struggling to profit with $30 oil, slash spending more
• Oil falls back & jumpings on hopes of Russia, OPEC cooperation
• Cheap Oil Bails Out Free-Spending U.K. Consumers
• Shell Wins Investor Approval to Buy BG, Sealing Deal
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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
Greetings,
Attached FYI ( NewBase Special 28 January 2016 ) , 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:-
http://www.slideshare.net/khdmohd/new-base-775-special-28-january-2016
• Kuwait plans to expand crude production to
• Saudi Aramco dials back IPO talk
• Senegal: Kosmos Energy Makes 'Significant' Gas Find Offshore
• UK: Mainstream announces equity consortium ready to take £2 billion Scottish UK: Hinkley Point go-ahead delayed amid EDF funding doubts
• U.S. shale firms, struggling to profit with $30 oil, slash spending more
• Oil falls back & jumpings on hopes of Russia, OPEC cooperation
• Cheap Oil Bails Out Free-Spending U.K. Consumers
• Shell Wins Investor Approval to Buy BG, Sealing Deal
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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 2
New base 21 november 2017 energy news issue 1103 by khaled al awadiKhaled Al Awadi
The document discusses several developments in the global oil and gas industry:
1) ADNOC plans to sell up to 20% of its fuel distribution unit in an IPO on the Abu Dhabi stock exchange to raise cash and diversify revenues.
2) SDX Energy provides an update on natural gas wells in Morocco, reporting better-than-expected production from one well.
3) Iraq's fluctuating oil production, as it exceeds OPEC quotas but then sees disruptions, adds uncertainty for OPEC as it decides on extending supply cuts.
4) Major gas exporters meeting in Bolivia face pressure to offer more flexible contracts as global supply of LNG increases competition
New base energy news issue 850 dated 15 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 15 May 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: dnoc revamps leadership, sets new corporate regime
• Iraq oil projects face delays as companies resist spending cuts
• UK: Statoil, Statkraft, Masdar raise $1.9b for Dudgeon wind farm
• India:H-Energy to Build Eastern India's First Gas Pipeline
• Nigeria Oil Output Slumps Further as Exxon Pipeline Damaged
• China Processes Record Crude 10.93 MBD on Boost From Independent Refiners
• U.S. oil drillers cut rigs for 8th week to Oct 2009 lows: Baker Hughes
• WTI at 46.21 & Brent at 47.83, with U.S. energy bankruptcy wave surges
• Saudi Arabia and Bahrain See Low Oil Price Prompt Ratings Cut
• More cities taking the plunge to use 100% renewable energy
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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
Greetings,
Attached FYI ( NewBase Special 09 February 2015 ) , with
energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Global oil traders set to celebrate their best market for years
• Algeria:Petrofac secures strategic services agreements in Algeria
• Saudi Kayan Gets More Gas For Making Ethylene
• UK: Aberdeen feels the pinch from oil slide
• OPEC Delegates See Scant Hope Of Rapid Oil Price Recovery
• Oil majors better placed to ride out the downturn
• China's foreign trade tumbles 11 per cent in January
• Oil crash to drag on booming Texas economy
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 :-
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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
New base energy news 25 febuary 2019 issue no 1232 by khaled al awadiKhaled Al Awadi
- Adnoc, KKR, and BlackRock entered into a partnership where Adnoc's crude oil pipelines worth $4 billion will be leased to a vehicle owned by Adnoc and the two asset managers for 23 years. Adnoc receives $4 billion upfront.
- This marks the first time leading global institutional investors have invested in midstream infrastructure assets in the UAE. Midstream refers to transporting, storing, and marketing oil and gas.
- The deal delivers long-term cash flows and downside protection for investors due to Adnoc's production levels and contractual minimums. Adnoc retains ownership and management of the pipelines.
New base 1059 special 07 august 2017 energy newsKhaled Al Awadi
- Oman Oil Company and Kuwait Petroleum International awarded three major contracts totaling $7 billion for their Duqm Refinery and infrastructure project in Oman. The contracts were awarded to consortiums including Tecnicas Reunidas and Daewoo Engineering & Construction, Petrofac and Samsung Engineering, and Saipem International.
- Saudi Aramco is in talks to buy over a 30% stake, worth up to $2 billion, in a 260,000 barrel per day refinery in China owned by PetroChina. Saudi Arabia could provide some of the crude oil for the refinery and buy some retail assets from PetroChina.
- Three important oil chokepoints are located around
New base 985 special 10 january 2017 energy newsKhaled Al Awadi
Construction of the UAE's first nuclear power plant in Barakah is over 75% complete and on schedule to begin operations in 2020. The four-reactor plant will provide a quarter of the UAE's electricity needs and reduce carbon emissions by 12 million tons annually. Meanwhile, Norwegian company DNO made an oil discovery in Iraqi Kurdistan, and Chariot Oil & Gas received approval to farm out part of its Rabat Deep Offshore permits in Morocco to Eni, paving the way for drilling in early 2018. The US oil industry is also showing cautious optimism in 2017 after oil prices rose following OPEC's agreement to cut production.
New base 985 special 10 january 2017 energy newsKhaled Al Awadi
Construction of the UAE's first nuclear power plant in Barakah is over 75% complete and on schedule to begin operations in 2020. The four-reactor plant will provide a quarter of the UAE's electricity needs and reduce carbon emissions by 12 million tons annually. Meanwhile, Norwegian company DNO made an oil discovery in Iraqi Kurdistan, and Chariot Oil & Gas received approval to farm out part of its Rabat Deep Offshore permits in Morocco to Eni, paving the way for drilling in early 2018. The US oil industry is also showing cautious optimism in 2017 after two difficult years, with some drilling picking up following OPEC's production cut agreement and higher oil prices.
New base energy news issue 857 dated 24 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 24 May 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: DNOC awards Spain’s Grupo ACS Dh968m to build waste plant
• Saudi Aramco US$5bn JV with Pertamina awards first oil refinery contract
• Algeria: Petroceltic In. Ain Tsila development drilling update
• Iraq's southern oil exports fall so far in May
• U.K.’s First Chinese-Backed Offshore Wind Farm Gets Go-Ahead
• UK local government approves Third Energy shale gas fracking
• Mozambique's ENH Signs Cooperation Agreement with CNPC
• India: GMR Group Proposes to Build 1.75 MTPA LNG Terminal
• States remains largest producer of oil & gas in the world
• Oil prices fall as dollar gains, but possible stock drawdown supports
• LNG Buyer Pays Least Since 2005 For Fuel as Prices Slump
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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
New base energy news 04 febuary 2019 issue no 1229 by khaled al awadiKhaled Al Awadi
- Oil prices rose to their highest levels of 2019 on tighter supply from OPEC cuts and US sanctions on Venezuela's oil industry. The US has imposed new sanctions on Venezuela that will limit oil transactions, similar to sanctions on Iran.
- OPEC oil supply fell in January by the largest amount in two years, while Russian output missed targets for cuts. US oil rig counts have also fallen, indicating slower production growth from shale.
- Analysts expect supply to tighten further as Venezuela's output could be cut by 0.5-1% of global supply due to US sanctions. Higher oil prices are squeezing refining margins in Asia to their lowest since 2010.
New base 13 september 2017 energy news issue 1071 by khaled al awadiKhaled Al Awadi
Shell is seeking to withdraw from Iraq's Majnoon oilfield. A letter from Iraq's oil minister approved Shell's desire to end its partnership in the Majnoon field. Shell is selling assets as part of a $30 billion global asset disposal program. Saudi Aramco has entered an agreement with Nomadd, a solar technology startup, to license Saudi Aramco's solar array cleaning technology. This supports Saudi Arabia's renewable energy goals and local manufacturing. China plans to require the nationwide use of ethanol gasoline, containing 10% corn ethanol, by 2020 in order to boost corn demand and reduce pollution. This sets the first timeline for a national biofuels mandate in China.
Greetings,
Attached FYI ( NewBase Special 12 May 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: refiner Takreer diversifies products to meet demand from transport sector
• Saudi Fuel Exports Throw Lifeline to Tankers as Refining Surges
• Saudi Aramco plans up to $80 billion spending abroad
• Qatar:SPE Qatar Section organises 1st ‘Women in Energy’ event
• Morocco:Sound Oil in Talks to Buy Stake in Tendrara Gas
• UK Oil & Gas Investments announces upgrade to Horse Hill conventional
• Bangladesh: Samsung Keen on Building LNG Receiving Terminal
• Senegal: Cairn Energy submits three year evaluation plan to Government
• Oil prices slightly dip & holding on oversupply, worries over Greece
• Oil prices to stay below $100 for next decade
• China Overtakes US To Become World’s Top Crude Oil Buyer
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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
New base 23 october 2017 energy news issue 1088 by khaled al awadiKhaled Al Awadi
- The Public Investment Fund of Saudi Arabia is hosting a summit to raise its profile and attract investment as it plans to expand its assets to over $2 trillion, becoming the world's largest sovereign wealth fund.
- The PIF will be significantly boosted by transferring ownership of state oil company Saudi Aramco to it and through an initial public offering of Aramco shares, projected to raise $106 billion for the PIF.
- While some analysts question whether Aramco is truly worth $2 trillion, the listing is expected to greatly increase the PIF's international investments and help diversify Saudi Arabia's economy away from oil dependence over time.
Greetings,
Attached FYI ( NewBase Special 23 June 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:-
• Oman: Phoenix Power makes MSM debut
• Kuwait: Construction costs to delay s al-Zour oil refinery
• Saudi Aramco may shut Jeddah refinery in several years
• Norway: Tullow's Zumba exploration well in PL 591 in the Norwegian Sea disappoints
• Madagascar: Madagascar Oil operations - updates
• Netherlands: Output at Groningen gas field to be capped at 30 bcm
• US:crude oil production growth helps reduce Gulf Coast imports
• US industrial natural gas usage falls unexpectedly
• Oil prices fall on oversupply concerns, weak economic data
• Saudi & UAE keep growing despite cheap oil
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Khaled Al Awadi
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MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy
New base 04 may 2021 energy news issue 1429 by khaled al awadiKhaled Al Awadi
NewBase 04 May 2021 Energy News issue - 1429 by Khaled Al Awadi
NewBase 04 May 2021 Energy News issue - 1429 by Khaled Al Awadi
NewBase 04 May 2021 Energy News issue - 1429 by Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 31 March 2016 ) , 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:-
• Saudi Aramco CEO says no projects cancelled amid oil price slump
• Bahrain's Nogaholding Borrows $570M for Oil, LNG Projects
• Morocco: Chariot Oil & Gas announces farmout agreement with Eni in Rabat
• Pakistan: MOL Group makes third Karak discovery
• Japan: Love of Efficient & Electrical cars in Dawn of Cheaper Gas
• US: EIA report shows decline in cost of U.S. oil and gas wells
• Oil prices slieghtly falls & rises 7th week in a row
• Opec output rises in March as Iran, Iraq growth offsets outages
• Asia Can't Seem to Escape Its Addiction to Middle East Oil
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Khaled Al Awadi
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MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base energy news issue 858 dated 25 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 25 May 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: DEWA and KEPCO conduct ground-breaking of Smart Grid Station
• Iraq Sticks to Oil Output Growth Plan Despite Spending Cuts
• Indonesia: Pasifik Agra Energi to Build Indonesia's First LNG Terminal
• France:Strike hits French oil refineries & Fuel pumps dry-out
• Germany’s renewables electricity generation grows in 2015, but coal still dominant
• Oil prices push closer to $50, U.S. crude hits highest in seven months
• HE al-Sada says crude is 'not at a fair price', $65 oil price 'vital' for investment.
• For Oil's Future, See Schlumberger
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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
Greetings,
Attached FYI ( NewBase Special 10 February 2016 ) , 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, India energy ties to grow as Shaikh Mohammad Bin Zayed visits India
• Saudi Aramco Jazan refinery: Petrofac awards Gas Leaks detection contract
• Bahrain Looking to Distribute Russian LNG in Gulf Region
• Kuwait: Ball starts rolling in bid to slash subsidies
• Oman’s PDO coping well despite $1.6 billion shortfall in 2016
• Egypt: SDX Energy drills boosts production at NW Gemsa with successful dev.
• Sri Lanka Total Likely to Get Licence to Explore for Oil, Gas in Offshore
• UKOG reports commencement of flow test operations at the Horse Hill-1 oil discovery,
• US:Natural gas use for power generation higher this winter
• IEA releases Oil Market Report for February
• Oil prices rebound from sharp selloff; more volatility expected
• IEA Raises Estimate of Surplus Oil Supply on Higher OPEC Output
• High-profile oil forecasters see market bottoming out, but IEA thinks otherwise
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Khaled Al Awadi
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MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since
Microsoft word new base 660 special 09 august 2015Khaled Al Awadi
Attached FYI ( NewBase Special 09 August 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:-
• Regional refinery projects on track to meet rising demand
• Qatar to gain from $5bn Vietnam petchem JV project
• UAE:Utico & Grupo in JV building a desalination plant in RAK
• Saudi is ceding China oil market share to Russia as Iran supply risk looms
• With Iran help, India eludes China in race for gas
• Russia is world's largest producer of crude oil and lease condensate
• U.S. refineries are running at record-high levels
• Oil down, heads for 6th weekly loss on gasoline glut
• Oil prices set for multi-week decline
• China’s energy asset rush stalls on crude slump, graft probes
• Incessant weak prices unnerve oil producers
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 :-
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Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
New base energy news issue 925 dated 08 september 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 08 September 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:Mubadala chief signals more oil deals as Ipic merger advances
• Kuwait KPC to keep Investing in increasing oil productions
• Egypt: Kuwait Energy commences production from Al-Jahraa SE-1X well
• U.S. advances oil reserve revamp plan, potential crude sale
• US: Vehicle efficiency spurs premium gasoline sales
• Oil extends gains after data shows huge stock draw
• U.S. Oil Output Drop Gets a Bit Less Drastic as Rigs Return
• It’s How Saudis Cope With Oil Below $50 That Spurs Stocks: Chart
• Can ExxonMobil Be Found Liable for Misleading the Public on Climate Change
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Khaled Al Awadi
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MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Similar to New base energy news 03 september 2020 issue 1370 by senior editor khaled alawadi (20)
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...Khaled Al Awadi
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
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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
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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
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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
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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...Khaled Al Awadi
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 09 May 2024 Energy News issue - 1723 by Khaled Al Awadi.pdfKhaled 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 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi_compresse...Khaled Al Awadi
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 29 April 2024 Energy News issue - 1720 by Khaled Al Awadi_compress...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 25 April 2024 Energy News issue - 1719 by Khaled Al Awadi_compress...Khaled Al Awadi
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 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled 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 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi.pdfKhaled 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
12 April 2024 Energy News issue - 1715 by Khaled Al Awadi.pdfKhaled 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
NewBase 04 April 2024 Energy News issue - 1713 by Khaled Al Awadi_compress...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
NewBase 01 April 2024 Energy News issue - 1712 by Khaled Al Awadi.pdfKhaled 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
NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi.pdfKhaled 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 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...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
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...my Pandit
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Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
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The structural design process is explained: Follow our step-by-step guide to understand building design intricacies and ensure structural integrity. Learn how to build wonderful buildings with the help of our detailed information. Learn how to create structures with durability and reliability and also gain insights on ways of managing structures.
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A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
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In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
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In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
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This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A