Motorists in Middle Eastern countries such as Saudi Arabia, Kuwait, Qatar and United Arab Emirates have long benefited from generous fossil fuel subsidies.   Read Article  +

LONDON (March 10, 2017) – FGE is delighted to announce that Dr. Fereidun Fesharaki, Chairman FGE, has been appointed a Director of the Dubai Mercantile Exchange (DME) by the Chicago Mercantile Exchange (CME). Dr. Fesharaki had served on the DME b...  +

King Salman's massive entourage has been stealing the show on his tour of Asia, but oil, money and geopolitics are driving the Saudi leader's month-long journey.   Read Article  +

When PBF Energy Inc. scooped up a refinery from Exxon Mobil Corp. on the Mississippi River in 2015, it wasted no time sprucing up the plant with an eye toward quickly resuming lucrative fuel exports.   Read Article  +

FLNG projects - mega tankers fitted with gas extraction and liquefaction facilities - allow producers to tap offshore gas wells and ship LNG without having to build costly pipelines to onshore plants. Owners can move the vessels to new fields when...  +

FGE - Siamak Adibi, head of Middle East gas at FGE, said at CWC Iran LNG & Gas summit in Frankfurt on Tuesday that European LNG demand appeared to grow to 88 million tons in 2020, 99 million tons in 2030 from 38 million tons in 2016.   Read ...  +

Indonesia should lock in more LNG import deals before the global market tightens beyond 2020, Yenni Andayani, acting chief executive of NOC Pertamina, told delegates at the IndoGAS conference on Tuesday.   Read Article  +

TOKYO (February 7, 2017) – FGE is delighted to announce that Dr. Fereidun Fesharaki, Chairman FGE, will be delivering the Keynote speech at Japan's first International Symposium on LNG Bunkering, a major LNG bunkering event to be held by...  +

As West Texas Intermediate on Thursday dropped in price by 34 cents to settle at $53.54, analysts suggest that the Organization of the Petroleum Exporting Countries' (OPEC) cutback agreement – which earlier this week was heralded for achieving an ...  +

SINGAPORE (January 31, 2017) – PLL awarded FGE the contract to provide LNG commercial consultancy services during the tender evaluation process for the procurement and import of LNG from international suppliers for PLL’s current financial year 201...  +