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Wednesday, May 20, 2026

Qatar Energy

Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says- oil and gas 360

Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says

March 19, 2026

(BOE Report) – Iranian attacks have knocked out 17% of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy’s CEO told Reuters on Thursday. Saad al-Kaabi said two of Qatar’s 14 LNG trains and one of its two gas-to-liquids (GTL) facilities were damaged in the

Brent nears $110/bbl after attack on world’s largest natural gas field in Iran- oil and gas 360

Brent nears $110/bbl after attack on world’s largest natural gas field in Iran

March 18, 2026

(Investing) – Oil prices surged on Wednesday, with global benchmark Brent nearing $110 a barrel after an attack to the largest natural gas field in the world shared by Iran and Qatar.   At 10:57 ET (14:57 GMT), Brent oil futures advanced 5.8% to $109.51 a barrel, while U.S. West Texas Intermediate crude futures climbed 2.7% to $98.09 a barrel. Qatar condemns attack on Iran’s

ExxonMobil-led consortium discovers gas reservoir off Cyprus coast- oil and gas 360

ExxonMobil-led consortium discovers gas reservoir off Cyprus coast

July 7, 2025

(Investing) –  A consortium led by ExxonMobil (NYSE:XOM) has discovered a natural gas reservoir off the coast of Cyprus, according to a government announcement on Monday. The drilling operation found preliminary indications of a 350-meter gas-bearing reservoir at a depth of 1.9 kilometers in the Pegasus-1 well, Cypriot government spokesperson Konstantinos Letymbiotis said. “Further assessment will be required in the coming months to

QatarEnergy buys stake in Chevron-operated block offshore Egypt- oil and gas 360

QatarEnergy buys stake in Chevron-operated block offshore Egypt

November 11, 2024

(Oil Price) – QatarEnergy has signed an agreement to buy a 23% working interest in a concession agreement offshore Egypt from the block’s operator Chevron, the state firm of Qatar said on Monday. QatarEnergy will acquire 23% of the North El-Dabaa (H4) Block in the Mediterranean from Chevron, which will retain a 40% interest in the concession. The other partners on the block

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