ADNOC to Build New LNG Plant to Expand Exports
Abu Dhabi National Oil Co. (ADNOC) announced that it plans to build a new liquefied natural gas plant to raise its exports amid surging demand.
Abu Dhabi National Oil Co. (ADNOC) announced that it plans to build a new liquefied natural gas plant to raise its exports amid surging demand.
As deadlines for the payment of gas supplies are scheduled for the next few days, Eni announced the start of the process of opening two K current accounts at Gazprom Bank, on a precautionary basis (one in euros and the second in rubles).
TotalEnergies announced its approval on developing the Ballymore fiedl, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico.
As part of its commitment to identify, quantify and reduce methane emissions associated to its operations, TotalEnergies has launched a worldwide drone-based emissions detection and quantification campaign across all its upstream Oil & Gas operated sites.
The CEO of the Central Iranian Oil Fields Company (CIOFC) Mehdi Heidari announced company's plan to intensify gas production by 100 million cubic meters (mmcm) by the end of the Iranian calendar year 1404 (ending March 20, 2026).
Equinor SA and Exxon Mobil Corp announced that they have taken the first steps to expand thier oil development in Brazil with costs $8 billion.
Bahrain disclosed that it seeks to import at least five or six cargoes of liquefied natural gas (LNG) in 2025 toml meet the rising demand of energy with the start of the summer.
According to Saudi Energy Minister Abdulaziz bin Salman, the Kingdom will be able to produce between 13.2-13.4 million barrels of oil per day (mmbbl/d) by the end of 2026 or beginning of 2027 thanks to increased production in the divided zone.
Saudi Aramco's net income soared by 82% year-on-year (YoY) in the first quarter of the year, as the group took advantage of the volatility in global energy markets and surging oil prices after Russia invaded Ukraine.
The next G20 Energy Ministerial, which will be hosted by Indonesia, provides a chance to highlight natural gas's expanding role in meeting the G20's growing energy needs, as well as recognise its global relevance.