LNG

Oil prices above $100? How a Strait of Hormuz closure could impact global energy market

Analysts say a closure of the strategic route would likely send oil prices above $100

ADNOC’s XRG proposes $18.7 billion acquisition of Australia’s Santos

Deal gives Santos an enterprise value of A$36.4 billion, which would make it the largest all-cash corporate buyout in Australian history

$60 billion in U.S. investments secured by ADNOC during UAE-U.S. business dialogue

UAE energy investments in the U.S. expected to reach $440 billion by 2035 as part of strategy

ADNOC Gas posts 7 percent rise in net income to $1.27 billion in Q1 2025

ADNOC Gas signed a series of mid to long-term LNG supply agreements valued at around $9 billion in Q1

Abu Dhabi’s Mubadala Energy acquires first stake in U.S. gas, LNG projects

The move enhances the company's growth plans to invest in the global gas value chain.

ADNOC L&S full-year dividend grows 5 percent to $273 million for 2024

ADNOC L&S expects revenue to grow in the mid to high 40 percent range from 2024 to 2025

Oil prices fall 0.3 percent to $74.24 amid weak U.S. economic data

West Texas Intermediate (WTI) crude futures fell 0.4 percent to trade at $69.97 per barrel

ADNOC completes $2.84 billion offering of ADNOC gas shares with 4.4x oversubscription

Offering was priced at AED3.40 per share, roughly 43 percent above the IPO price of AED2.37 per share

Oil prices climb to $75.87 amid concerns over Trump’s tariffs

Such tariffs could potentially hinder global economic growth as well as energy demand

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 Aramco CEO anticipates 1.3 million barrels per day increase in oil demand this year

Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million

PCFC completes first LNG bunkering operation in Dubai

This initiative positions Dubai as a leader in sustainable energy and reduces the maritime sector's carbon footprint