Economy Middle East

gas

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

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
Economy

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
Industry

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
Energy

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
Energy

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.

ADNOC Gas inks 10-year deal with Indian firm to supply 0.5 million tons of LNG
Sustainability

ADNOC Gas inks 10-year deal with Indian firm to supply 0.5 million tons of LNG

Global demand for LNG rises in sustainable energy transition

Oil prices witness slight uptick amid continued tensions in Red Sea
Markets

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
Energy

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
Logistics

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
Logistics

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
Energy

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
Energy

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