Papua New Guinea's state-owned petroleum company, Kumul Petroleum, is currently in advanced discussions with Chinese banks to secure funding for its stakes in two major liquefied natural gas (LNG) projects in the country.
The US Department of Energy has announced its plan to purchase up to 3 million barrels (mmbbl)of crude oil for the Strategic Petroleum Reserve (SPR) for delivery in March 2024.
The Dangote oil refinery in Nigeria received its first cargo of 1 million barrels (mmbbl) of crude oil from Shell International Trading and Shipping Co. (STASCO), after years of delay.
ADNOC has announced the inauguration of the first green hydrogen station at the Service Station of the Future (SSoF) in Expo City Dubai.
The Energy Information Administration (EIA) haa reported that US crude inventories fell by 4.6 million barrels (mmbbl) in the week ending December 1st, reaching a total of 445 million barrels.
ExxonMobil has updated its corporate plan through 2027, showcasing its commitment to providing essential energy products while also lowering emissions.
The first test flight to demonstrate the potential for converting methanol to sustainable aviation fuel (SAF) has been conducted in Dubai on the sidelines of COP28 in the UAE.
ADNOC and the State Oil Company of Azerbaijan Republic (SOCAR) has announced a strategic collaboration agreement (SCA) that aims to develop low-carbon energy technologies.
bp has announced the commencement of drilling for the first oil production well from the new Azeri Central East (ACE) platform in the Azeri sector of the Caspian Sea.
ADNOC and National Central Cooling Company PJSC Tabreed has announced their joint venture to commence operating G2COOL, the first district cooling project in the Gulf region to utilize geothermal energy. This plant, located in Masdar City, will play a crucial role in decarbonizing the cooling process for buildings while also diversifying the UAE's energy mix in line with the UAE National Energy Strategy 2050.
