Rakteem Katakey
Europe Energy Correspondent at Bloomberg News
Middle East Energy and Commodities Team Leader for Bloomberg News. Dubai via London and India. RTs just that. views my own. [email protected]
Articles
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1 week ago |
bloomberg.com | Galit Altstein |Rakteem Katakey |Anna Shiryaevskaya
A gas-fired power plant near the River Nile in Cairo. (Bloomberg) -- Israel may resume some natural gas exports to Egypt and Jordan as early as Thursday, though any initial volumes will be small, Energy Minister Eli Cohen said. Israel shut down production at its biggest gas field Leviathan on June 13 after it launched airstrikes against Iran, stopping supplies to import-dependent Egypt, which in response reduced flows to several of its industries.
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1 month ago |
bloomberg.com | Rakteem Katakey
Welcome to our guide to the commodities markets powering the global economy. Today, Middle East Energy Team Leader Rakteem Katakey looks at the future of the gas market as Qatar commits billions of dollars toward new production and exports. During the opening day of the Qatar Economic Forum, Energy Minister Saad Al-Kaabi delivered a strong message: Natural gas is here to stay, and there’s no dearth of buyers willing to lock in deals for years to come.
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2 months ago |
bloomberg.com | Rakteem Katakey
(Bloomberg) -- Abu Dhabi’s main power utility agreed to buy the UK’s Transmission Investment, one of the largest operators of assets connecting wind farms at sea to the British electricity grid. The acquisition by Abu Dhabi National Energy Company PJSC, also known as Taqa, highlights its plans to expand in Europe.
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2 months ago |
bloomberg.com | Anthony Di Paola |Rakteem Katakey
Brent crude dropped below $60 a barrel this week for the first time in four years and was trading at just about $63 on Friday. (Bloomberg) -- US sanctions can slash Iran’s oil exports to a quarter of current levels, with shale producers among global suppliers that would help fill the gap, Energy Secretary Chris Wright said.
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Dec 4, 2024 |
bloomberg.com | Rakteem Katakey
Abu Dhabi National Oil Co. agreed to sell liquefied natural gas to Malaysia’s Petronas for 15 years starting 2028, expanding the Middle East company’s efforts to become a major supplier of the fuel. The agreement for 1 million tons a year converts a preliminary deal to a definitive sales agreement, Adnoc said in a statement. Adnoc will supply the fuel primarily from an LNG export facility it’s building in Ruwais near Abu Dhabi.
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Torrential rains across the UAE prompted flight cancellations, forced schools to shut and brought traffic to a standstill https://t.co/CgFEvqNRWa
RT @PaulWallace123: #SaudiArabia scales back its ambitions for #Neom, the biggest of MBS’s megaprojects. By 2030, the government at one po…
Salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off drones. This is what it takes to rescue a Houthi-hit ship https://t.co/d5eFEyqVTE | By @V_Ratcliffe