Qatar Petroleum changes name to reflect strategy focusing on energy transition

Qatar’s state-owned oil and gas company Qatar Petroleum has changed its name to reflect its new strategy focused on the energy transition.

The company has changed its name to QatarEnergy, according to information on its social media channels. The name is also accompanied by a slogan which says Your energy transition partner.

Reuters reported on the 11^th October that the name change had been revealed by Qatari newspaper, The Peninsula, citing an internal announcement to staff, ahead of a planned press conference in Doha.

The Peninsula reported that this change reflects a new strategy which will focus on energy efficiency and environment-friendly technology such as CO2 sequestration.

Source: Offshore Energy Today