gas

January 2025 sets new heat record despite cooling La Niña: Copernicus

January 2025 was 0.09°C warmer than January 2024 and 1.75°C above pre-industrial levels

ADNOC Gas net income grows 13 percent to record $5 billion in 2024

Adjusted revenues increased by 7 percent in 2024 to $24.43 billion driven by a 2 percent increase in sales volume

Saudi Arabia GDP growth rate projected at 4 percent from 2025 to 2027: S&P

Vision 2030 initiatives expected to boost non-oil growth by 10 percent in the Kingdom

ADNOC Gas, EWEC signs $10 billion natural gas supply deal

Partnership highlights ADNOC Gas’s commitment to supporting its customers as they transition to cleaner energy solutions

Kuwait discovers 800 million barrels of oil, 600 billion cubic feet of gas

This follows the July 2024 Al-Nokhatha field discovery, with reserves of 3.2 billion barrels

ADNOC Gas awards $2.1 billion in contracts to enhance Ruwais LNG supply infrastructure

Investment is part of the ADNOC Gas $15 billion CAPEX plan through 2029

ADNOC Gas awards design contract for Bab Gas Cap’s gas processing facilities

New facilities will likely boost ADNOC Gas’ current processing capacity by 20 percent

Abu Dhabi’s TAQA reports $1.7 billion net income during first nine months of 2024

The Group posted revenues of $11.3 billion, reflecting a 6 percent increase from the same period in 2023

ADNOC Gas to acquire 60 percent stake in Ruwais LNG for $5 billion from ADNOC

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

Oman LNG inks 4-year sales, purchase agreement with Japanese Kansai Electric Power

Agreement encompasses the offtake of 0.4 million metric tons per annum of LNG from Oman LNG for four years starting in 2026

Oman’s public state revenues rise to $20.78 billion in August 2024 on oil revenue surge

Current public revenues reached OMR2.2 billion, down from OMR2.334 billion during the same period in 2023

Oil prices jump as Middle East concerns escalate, OPEC+ prepares for market review

Brent futures climbed by $1, or 1.36 percent, reaching $74.56 per barrel