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International News

Adnoc picks South Korean yards to build six LNG carriers

May 29, 2024 Mariel Alumit

UAE’s energy giant Adnoc has selected two South Korean shipbuilders to build six liquefied natural gas (LNG) carriers following a tender. LNG Prime was the first to report in January this year, citing shipbuilding sources, […]

UAE’s Adnoc
LNG

UAE’s Adnoc in Mozambique LNG move

May 23, 2024 Stu Turley

UAE’s Adnoc has agreed to buy Galp’s 10 percent interest in the Area 4 concession of the Rovuma basin in Mozambique, which includes Eni’s Coral South FLNG project. This is Adnoc’s second international LNG move […]

Adnoc
Finance

Adnoc buys stake in NextDecade’s Rio Grande LNG project

May 20, 2024 Mariel Alumit

UAE’s Adnoc has purchased an 11.7 percent stake in the first phase of NextDecade’s Rio Grande LNG export terminal in Texas from Global Infrastructure Partners. Adnoc and NextDecade also entered into a 20-year LNG offtake […]

Big Oil Companies

How and why big oil is strengthening its oil and gas exposure

April 28, 2024 Stu Turley

Size usually matters in oil and gas. Eight of the sector’s biggest companies feature in WoodMac’s benchmarking analysis – the five Supermajors and Saudi Aramco, ADNOC and Qatar Energy. These Middle East NOCs are stepping beyond their […]

oil and gas
Big Oil Companies

How and why big oil is strengthening its oil and gas exposure

April 25, 2024 Mariel Alumit

Size usually matters in oil and gas. Eight of the sector’s biggest companies feature in WoodMac’s benchmarking analysis – the five Supermajors and Saudi Aramco, ADNOC and Qatar Energy. These Middle East NOCs are stepping beyond their […]

Big Oil Companies

Largest Solar Plant FAILS!

April 15, 2024 Andy Del Prado

Daily 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 […]

ADNOC
Big Oil Companies

ADNOC considered acquiring bp following major purchases by IOCs like ExxonMobil, Chevron

April 11, 2024 Mariel Alumit

(WO) – On Thursday, April 11, Reuters reported that Abu Dhabi National Oil Company (ADNOC), the UAE’s state-owned oil and gas company, previously pursued acquiring Britan’s energy giant, bp. According to “people familiar with the […]

Climate Crisis

Geopolical Energy Heaven!

March 19, 2024 Andy Del Prado

Daily 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 […]

Germany
Exports

Germany Signs LNG Supply Deal With ADNOC

March 18, 2024 Mariel Alumit

Germany’s state-controlled firm Securing Energy for Europe (Sefe) has signed a deal with ADNOC, under which Abu Dhabi’s national oil company will supply LNG to Germany for 15 years beginning in 2028. ADNOC signed the […]

Adnoc
Exports

Adnoc seals Ruwais LNG supply deal with Germany’s SEFE

March 18, 2024 Mariel Alumit

UAE’s Adnoc has signed a heads of agreement with a unit of German gas importer Securing Energy for Europe (SEFE) to supply the latter with liquefied natural gas from its planned LNG terminal in Al […]

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