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The top 10 countries on the energy transition index are all in Europe
Agreement commencing in Q2 2024 will be facilitated through QatarEnergy's HPL Global Pte Ltd
Project to more than double ADNOC’s existing UAE LNG production capacity to around 15mmtpa
The organization forecasted 2.3 million bpd rise in world oil demand in the second half of 2024
Acquisition follows Gordon Technologies' completion of setting up its Abu Dhabi business
Following the redemption, ADNOC Distribution’s free float remains unchanged at 23 percent
Revival of projects in the energy sector key to the country’s development
This represents an increase of 145,000 bpd from April
A solar park, a green hydrogen project and a hydroelectric power plant are some of the initiatives
Global upstream oil and gas capital expenditure is expected to grow by $24 billion this year
Agreement to supply Idemitsu Kosan with 6 million tons of naphtha over the next 10 years starting in July 2024
This extension builds upon previously agreed reductions of 3.66 million barrels per day announced in 2022 and 2023
Petrol prices have reduced for the first time in June after rising month-on-month since February
Mozambique's Coral South LNG development has a production capacity of almost 3.5 mtpa
Data also showed that Saudi refineries' crude throughput fell in March by 0.115 million bpd to 2.560 million bpd
ADNOC also signed a 20-year LNG off-take agreement for 1.9 million tonnes per annum of LNG
To service the contract and explore future opportunities, ADNOC Drilling has incorporated Turnwell Industries
The Ras Al Sadr gas field has a production capacity of up to 100 million standard cubic feet of gas per day
Abu Dhabi’s non-oil GDP grew by 10.4 percent YoY in Q4 2023
OPEC projects demand for crude to reach 43.2 million barrels per day in 2024
Areas of collaboration included renewable energy, hydrogen, liquefied natural gas
Discovery comes just a few months after the major discovery at the Layaran-1 well
Under the contract, Turnwell will be responsible for delivering 144 unconventional oil and gas wells
Blocks cover an area of around 11,400 square kilometers in water depths of 2,000 to 3,000 meters
