Adnoc’s gas and LNG unit, Adnoc Gas, reported a net income of $1.19 billion in the second quarter, a rise of 21 percent year-on-year. UAE’s Adnoc Gas said on Monday this is a record net income for the company and it exceeded market expectations. The company’s revenue reached $6.07 billion in the second quarter, up […]
Continue ReadingDaily Standup Top Stories ADNOC Moves Ahead With Huge LNG Export Project in UAE June 12, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […] U.S. LNG […]
Continue ReadingDaily Standup Top Stories Wind farms are useless, says Duke of Edinburgh April 14, 2024 Stu Turley In a withering assault on the onshore wind turbine industry, the Duke said the farms were “a disgrace”. He also criticised the industry’s reliance on subsidies from electricity customers, claimed wind farms would “never work” […] Investors Bet On Further […]
Continue ReadingDaily Standup Top Stories Climate bureaucrats giving China a free pass on its massive pollution March 18, 2024 Mariel Alumit China’s annual greenhouse gas emissions have soared over the past 20 years, dwarfing those of the U.S. But according to our progressive federal bureaucrats, America’s cumulative historical emissions are the problem and Beijing now deserves […] Saudi […]
Continue ReadingAdnoc’s gas and LNG unit, Adnoc Gas, reported higher income and revenue in the fourth quarter of 2023 due to higher volumes and prices. UAE’s Adnoc Gas reported revenue of $6.3 billion in the fourth quarter, up by 7 percent versus the pro forma adjusted revenue of $5.8 billion in the same period in 2022 […]
Continue Reading