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gas
Banking & Finance
Abu Dhabi National Oil Company (ADNOC) raises $1.5 billion through 10-year sukuk issuance
Sukuk issuance priced at 60 basis points over U.S. Treasuries attracted robust investor interest
Energy
Jordan’s new Watani company to optimize natural gas resources, lower energy costs
New company will supply gas to Amman and Zarqa, lowering costs in key sectors.
Energy
Aramco acquires 50 percent stake in Jubail-based Blue Hydrogen Industrial Gases Company
BHIG targets the production of blue hydrogen through the capture and storage of carbon dioxide
Banking & Finance
ADNOC Gas shareholders approve record $3.41 billion dividend for 2024
Company's dividend was the highest of any issuer on ADX in 2024
Logistics
The future of mobility: Innovations reshaping transport in UAE
UAE plans 10 percent electric vehicle adoption and aims for 25 percent autonomous public transport operations in Dubai by 2030
Miscellaneous
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
Energy
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
Banking & Finance
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
Sustainability
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
Energy
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
Energy
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
Energy
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
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