Pratap John

Market conditions are proving toxic for gold prices, Emirates NBD said and noted the Federal Reserve rate hike and dollar surge are headwinds for the precious metal.

Market conditions are proving toxic for gold prices, Emirates NBD said and noted the Federal Reserve rate hike and dollar surge are headwinds for the precious metal.

International Gas Union expects liquefied natural gas demand to grow further in 2022 as the ongoing Russia-Ukraine conflict continues to impact global gas supply, reinforcing LNG’s critical role in global energy security.

QatarEnergy targets more than 11mn tonnes per year (mtpy) of carbon capture and storage (CCS) and the production of 5GW of solar power by 2035, HE the Minister of State for Energy Affairs Saad bin Sherida al-Kaabi said, highlighting Qatar’s commitment to CCS and renewable energy production.

TotalEnergies is not overexposed to Qatar, chairman and CEO Patrick Pouyanne said and noted: "If Qatar had offered more investments, then we would have invested more in Qatar.”

QatarEnergy announced that it has selected TotalEnergies as the first international partner in the multi-billion dollar North Field South (NFS) expansion project.

Qatar Airways Group Chief Executive HE Akbar al-Baker has urged the oil industry to invest more in alternative fuel that will protect the environment.

Qatar Airways Group Chief Executive HE Akbar al-Baker said the aviation industry will continue to face challenges emanating from Covid-19, oil prices, shortage of manpower, political upheaval, lack of investments in infrastructure development and unnecessary restrictions on aviation on environment