The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
757 oil slicks, covering 1.9 million hectares in the Mediterranean Sea, have been identified between July 2020 – January 2024.
ADNOC has made a final investment decision (FID) for its giant liquefied natural gas (LNG) project, which is envisioned as a lower-carbon intensity development.
Wintershall Dea has decided to divest its stake in a giant sour gas development off the coast of the UAE to Thailand’s PTTEP.
ACWA Power and ITOCHU have signed an agreement to explore the codeveloping and offtaking of ammonia from ACWA Power’s green hydrogen project in Egypt.
The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.
UAE-based Gulf Marine Services (GMS) has sealed the second phase of a multi-year contract for one of its vessels in the Middle East.
ADNOC has inked an agreement to transfer a stake in two fields at a concession off the coast of the UAE to SOCAR.
Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.
While sealing a multi-year LNG supply deal, QatarEnergy has welcomed a new partner at its giant North Field East (NFE) project, which represents Phase 1 of the larger North Field expansion project.
ADNOC L&S has signed an LoI for the construction of LNG carriers with South Korea’s shipbuilder and is buying a Singaporean shipping company.
With geopolitical challenges and economic uncertainties at the forefront, OPEC+ will prolong production cuts into 2025 to prop up oil markets.
ADNOC secured agreements with companies in the Republic of Korea regarding low-carbon ammonia, LNG carrier shipbuilding, and LPG value chain.
Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.
