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Block lies about 10 kilometers offshore the Egyptian Mediterranean shore at water depths ranging between 100 meters and 3,000 meters

The Ruwais LNG plant will more than double ADNOC Gas’ current gross 6 mtpa LNG capacity to more than 15 mtpa

Brent oil futures for January dropped 0.2 percent to $73.72 per barrel

Under the theme ‘Connecting Minds. Transforming Energy,’ ADIPEC 2024 drew a record 205,139 participants from 172 countries

January Brent oil futures slipped 0.3 percent to $75.44 per barrel

ADNOC L&S has the largest diversified fleet in the region, with over 800 owned, operated and chartered vessels

January Brent oil futures climbed 0.5 percent to $75.28 a barrel

Conference seeks accessible and affordable capital for a fair energy transition

The LNG will primarily come from the Ruwais LNG project, with deliveries expected to start in 2028

40+ ministers and 200+ executives from around the world gathered in Abu Dhabi for ADIPEC 2024

Brent oil futures expiring in January dropped 0.6 percent to $75.11 a barrel

This initiative is part of the country's commitment to decarbonising the economy and achieving net-zero emissions by 2050

“Aramco delivered robust net income and generated strong free cash flow during the third quarter, despite a lower oil price environment,” Eng. Nasser said

The booth features a Surface Zone and demo arena for attendees to explore Microsoft’s solutions for operational and environmental goals

ENERGYai combines large language models with specialized ‘agentic’ AI agents for tasks across ADNOC’s value chain

January Brent oil futures had decreased by 0.2 percent to $74.93 per barrel

ADIPEC 2024 explores the role of policy and cross-border cooperation in shaping the energy transition and expanding access to climate technologies

Growth momentum is expected to strengthen from 2026, supported by the North Field Expansion (NFE) LNG project

In the next six years, data centers will more than double, requiring at least 150GW of installed capacity by 2030 and double that again by 2040

The group is currently cutting 5.86 million barrels per day of output, equal to about 5.7 percent of global demand

Brent futures had risen by $1.18 per barrel, translating to a 1.61 percent increase, reaching $74.28 per barrel

The AI zone will include the Energyai Conference, Creative AI Lab, Reskilling Lab and an immersive AI showcase

UAE stood out with 31.33 million barrels, while Saudi contributed 27.98 million barrels

Brent crude futures, now reflecting the January contract, increased by $1.41, or 2 percent, reaching $74.22 a barrel