In line with the UAE's National Hydrogen Strategy, ADNOC has announced the opening of "H2GO," the region's first high-speed green hydrogen pilot refueling station. Located in Masdar City and operated by ADNOC Distribution, the station will test a fleet of zero-emission hydrogen-powered vehicles.
Gazprom, Russia's state-owned natural gas company, has set a record for gas deliveries to China as demand continues to rise.
Venezuela is currently producing around 850,000 barrels per day (bbl/d) of oil and hopes to reach 1 million bpd in the near future, marking a significant increase from the 786,000 bbl/d output in October.
OPEC+ has postponed its ministerial meeting from November 26 to November 30, as producers struggled to agree on production levels which will lead to potential reductions, according to Reuters.
Canada's Fall Economic Statement (FES) has announced that the country will finance investment tax credits (ITCs) for carbon capture and storage (CCS) and net-zero energy technologies. This move followed the recently announced subsidies meant to attract more green investment.
Indonesia has launched its Comprehensive Investment and Policy Plan (CIPP) to mobilize $20 billion in financing pledged by global lenders, including the United States and Japan.
Nigerian and German companies have signed two accords in Berlin, further strengthening economic ties between the two nations.
Oman's liquefied natural gas (LNG) company Oman LNG has announced a major deal with bp, selling approximately 1 million tons per year (mtpa) of LNG for nine years starting in 2026.
Iran plans to increase its oil production to reach 3.6 million barrels per day (mmbbl/d) by the end of the current Iranian calendar year, which concludes on March 20, 2024, said Iran’s oil minister Javad Owji.
TotalEnergies has announced the completion of the sale of its shares in TotalEnergies EP Canada Ltd. to Suncor, including the company's participation in the Fort Hills oil sands asset and associated midstream commitments.
