gas

ADNOC Gas net income surges 21 percent in Q1 2024 at $1.18 billion

Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement

UAE’s Sharjah announces discovery of new gas reserves in Al-Hadiba field

The gas field contains economically viable quantities of gas, according to the Sharjah Petroleum Council

QatarEnergy inks historic $6 billion agreement to build 18 ultra-modern LNG vessels in China

LNG supplies from Qatar to China reached around 17 million tons in 2023

Saudi Arabia’s crude oil production reaches seven-month high in February

This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month

Saudi Arabia’s industrial production index up 1 percent in February

Index reveals 2.1 percent annual increase in manufacturing activity

Oil prices decline as Middle East tensions ease: Brent crude falls below $90

Investors await consumer price index data from U.S. and China later this week

Saudi Aramco expands Fadhili Gas Plant with $7.7 billion in EPC contracts

This expansion initiative aims to enhance the plant's processing capacity from 2.5 to a potential 4 bscfd

Abu Dhabi’s ADNOC Gas shareholders approve $3.25 billion dividend for 2023

Company plans to invest over $13 billion between 2024 and 2029 in growth opportunities

Saudi Arabia’s ADES Holding inks two agreements for oil exploration and production in Egypt’s Gulf of Suez

For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion

Oman LNG inks deal to provide LNG supply to Germany’s SEFE

The LNG deliveries from Oman to Germany scheduled between 2026 and 2029

Qatar’s fiscal strength, gas expansion plans earn ‘AA’ rating upgrade: Report

The report expressed confidence in Qatar's debt-to-GDP ratio

Saudi Arabia’s industrial production index up 0.3 percent in January on mining and quarrying

Manufacturing activities in the Kingdom rose by 1.1 percent in January 2024

Saudi Aramco discovers 15 trillion cubic feet of gas in Jafurah field

Jafurah field's resources reach 229 trillion cubic feet of gas and 75 billion barrels of condensate

ADNOC and bp to form gas joint venture to focus on Egypt

The formation of the JV is expected to be complete later this year.

Oil prices witness slight uptick amid continued tensions in Red Sea

Rebounding U.S. output, Libyan and Norwegian supply boosts influence oil prices

Crude exports surge in Saudi Arabia, reaching five-month high

Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd

Qatari LNG resumes Red Sea shipments despite tensions

LNG ships navigating around the Cape of Good Hope to reach Europe

China’s exports drop as crude oil imports hit record highs

Imports of crude oil increased last year by 11 percent

India’s Petronet LNG to extend LNG deal with Qatar beyond 2028

Qatar continues global LNG dominance with strategic long-term agreements

Abu Dhabi’s Mubadala Energy announces 6 trn cubic feet gas discovery in Indonesia

Successful outcome promises to derisk multiple trillion cubic feet of prospective gas resources

New natural gas discoveries unveiled in Saudi 

Al-Hiran gas field confirmed with 30 million cubic feet daily flow

EU commits to reducing methane emissions ahead of COP28

Imposing emissions restrictions on oil and gas imports as of 2030

Qatar’s gas deals establish global market dominance

Country plans to increase its LNG production capacity by more than 60 percent