HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.May.2025) — ADNOC Gas plc and its subsidiaries reported net income of $1.27bn and EBITDA of $2.16bn in the first-quarter 2025 (1Q:25), […]
Category: Middle East
OPEC+ countries commit to market stability, 411 Mb/d adjustment
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 3.May.2025) — 8 OPEC+ countries — namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman — […]
Oman’s OQ Trading and Amigo LNG ink 15-year LNG SPA for 0.6 MTPA of Mexican LNG
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Apr.2025) — OQ Trading (OQT), the international energy and commodity trading vehicle of the Oman government, signed […]
SANAD to start 3 additional newbuild rigs in the remainder of 2025
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Apr.2025) — Nabors Industries Ltd., through its 50/50 joint venture in Saudi Aramco Nabors Drilling Company (SANAD) […]
Venezuela strengthens strategic cooperation strategies in Qatar
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Apr.2025, Words: 205) — Venezuela’s hydrocarbon minister Delcy RodrĂguez discussed varied topics during her visit to Doha, […]
OFAC sanctions Iranian LPG magnate Seyed Asadoollah Emamjomeh and his network
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 22.Apr.2025) — The US Department of the Treasury‘s Office of Foreign Assets Control (OFAC) imposed sanctions on […]
![IMF revises global growth forecasts downward [PDF download]](https://energy-analytics-institute.org/wp-content/uploads/2020/11/2018-09-07T100212Z_20653507_RC18D091EAF0_RTRMADP_3_SANMARINO-IMF_0.jpg)
IMF revises global growth forecasts downward [PDF download]
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 22.Apr.2025) — The global economy has appeared to have stabilized, with steady yet underwhelming growth rates, according to […]
Weatherford and AIQ look to accelerate efficient energy production
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 21.Apr.2025) — Weatherford International plc signed a strategic memorandum of understanding (MOU) with Abu Dhabi-based AIQ, an artificial intelligence […]
Rönesans Holding reveals $2bn polypropylene production plant, terminal investments in Türkiye
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Apr.2025) — Rönesans Holding closed financing of $2bn to progress the development of a major new polypropylene production […]
NextDecade and Aramco execute 1.2 MTPA LNG SPA for Rio Grande LNG Train 4
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 8.Apr.2025) — NextDecade Corporation executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with a […]
8 OPEC+ countries reaffirm commitment to market stability
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Apr.2025) — 8 OPEC+ countries — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman — reaffirmed […]
Aramco finalizes purchase of 50% interest in Blue Hydrogen Industrial Gases Company (BHIG)
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 24.Mar.2025, Words: 204) — Aramco and Air Products Qudra (APQ) announced that Aramco has completed the acquisition of […]
Aramco Launches Saudi Arabia’s First CO2 Direct Air Capture Test Unit
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Mar.2025) — Aramco launched the Kingdom’s first CO2 Direct Air Capture (DAC) test unit, capable of removing 12 […]
CERAWeek: bp plc CEO Murray Auchinclose on the conversations about Gen AI
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 11.Mar.2025, Words: 779) — During CERAWeek by S&P Global, bp plc CEO Murray Auchinclose said his company and […]
COMMENTARY: Time for the US, OPEC, Europe China, Asia and Russia to Negotiate
CARACAS, VENEZUELA (Carlos A. Rossi, Energy Analytics Institute, 5.Mar.2025) — A crucial point behind Europe’s motivation to support Ukraine’s president Volodymyr Zelenski is simply to not […]
bp and Iraq Reach Final Agreement for Kirkuk Oil Field Redevelopment
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — bp reached agreement on all contractual terms with Iraq to invest in several giant oil fields […]
bound4blue completes eSAIL® installation on EPS tanker with 3 22m-high non-ATEX suction sails
ISTANBUL, TURKEY (By bound4blue, 24.Feb.2025, Words: 204) — bound4blue has completed the installation of its breakthrough eSAIL® suction sails on tanker vessel Pacific Sentinel with a […]
Aramco to Acquire 25% Interest in Unioil, Enter Philippines Retail Market
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.Feb.2025) — Aramco signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of […]
CERAWeek by S&P Global Houston, 10-14 Mar. 2025
HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials […]
ADNOC Gas Reports Net Income of $5bn in 2024
HOUSTON, TEXAS (Energy Analytics Institute, 6.Feb.2025) — ADNOC Gas plc and its subsidiaries reported record earnings for the full year (FY) 2024 of $5bn, and […]
PDO Awards Viridien 3-year Contract Seismic Imaging Services in Oman
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — Petroleum Development Oman (PDO) awarded Viridien a 3-year contract to provide advanced land seismic imaging services […]
SSR Mining updates on expert findings of Çöpler incident
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 15.Jan.2025, Words: 335) — SSR Mining, following the Çöpler Incident, commissioned Call & Nicholas, Inc. (CNI) to conduct […]
TotalEnergies Starts Construction of Associated Gas Facility at Ratawi Field
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jan.2025) — Construction works at ArtawiGas25, a first processing facility for the associated gas from the Ratawi field, […]
WoodMac: Key Upstream Things to Look for in 2025
(WoodMac, 8.Jan.2025) — Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns, setting 2025 up to be […]
EAI’s NRGBriefs Dec. 2024: Exxon Guyana, Venture Global IPO, Rio Tingo Argentina
HOUSTON, TEXAS (Energy Analytics Institute, 31.Dec.2024) — Energy briefs as well as others related to finance and projects during Dec. 2024 including Venture Global filing […]
QatarEnergy CEO Al-Kaabi on US-Qatari Friendship, Golden Pass LNG
(QatarEnergy, 7.Dec.2024) — His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said Qatar stands […]
TotalEnergies Celebrates 50 Years in Saudi Arabia
(TotalEnergies, 3.Dec.2024) — On the occasion of French President Emmanuel Macron’s state visit to the Kingdom of Saudi Arabia and as the TotalEnergies celebrates 50 […]
TotalEnergies and Aljomaih Awarded 300 MW Rabigh 2 Solar Project
(Energy Analytics Institute, 3.Dec.2024) — The consortium comprising TotalEnergies and Saudi developer Aljomaih Energy and Water Company (AEW) inked a 25-year Power Purchase Agreement (PPA) […]
QatarEnergy and Shell Ink SPA for 3 MTPA Destined for China
(Energy Analytics Institute, 2.Dec.2024) — QatarEnergy and Shell inked a new long-term sale and purchase agreement (SPA) for the supply of 3 million tonnes per […]
ADNOC Gas Reports Strong 3Q:24 Results; BODs Approves Strategy Update
(ADNOC, 11.Nov.2024) — ADNOC Gas plc and its subsidiaries announced strong earnings for the third-quarter 2024 (3Q:24), with net income increasing 11% year-on-year (YoY) to […]
KBR Wins FEED Contract for Sur LNG Train 4 Project in Oman
(Energy Analytics Institute, 7.Nov.2024) — KBR has been awarded a front-end engineering design (FEED) contract for the expansion of the Qalhat LNG complex in Sur, […]
ADIPEC 2024: Looking to Accelerate Sustainable Socioeconomic Progress
(DMG Events, 7.Nov.2024) — ADIPEC 2024 has cemented its position as one of the world’s most influential and commercially successful energy events, with a record […]
SSR Releases 3Q:24 Results, Updates on Çöpler Incident
(SSR Mining, 6.Nov.2024) — SSR Mining Inc. reported financial results for the third-quarter 2024 (3Q:24), as well as an update on the 13 Feb. 2024 […]
CNOOC Africa Inks EDPC with Midland Oil Company in Iraq
(Energy Analytics Institute, 29.Oct.2024) — CNOOC Limited’s wholly owned subsidiary, CNOOC Africa Holding Ltd., entered into an Exploration, Development & Production Contract (EDPC) with Midland […]
QatarEnergy and TotalEnergies to Partner in Solar Project in Iraq
(Energy Analytics Institute, 28.Oct.2024) — QatarEnergy inked a partnership agreement with the French oil giant TotalEnergies to enter into a solar power project that is […]
Nabors Reports 3Q:24 Results, Updates on Saudi Arabia (PDF Downloads)
(Nabors, 22.Oct.2024) — Nabors Industries Ltd. reported third quarter 2024 operating revenues of $732mn, compared to operating revenues of $735mn in the second quarter. The […]
IEA: Shipping Route Interruptions in 3Q:24
(International Energy Agency, 18.Oct.2024) — The strong momentum behind LNG project development continued in 2024 even with no US projects reaching final investment decision Since […]
Israel Conflict Gains Grip as Output: Rystad Says
(Rystad, 17.Oct.2024) — Here is Rystad Energy’s market update from Middle East Research Director, Aditya Saraswat. “Tensions are persisting in the Middle East and the […]
Saudi Arabia Eyes Boosting Production by 1 MMb/dÂ
(Energy Analytics Institute, 4.Oct.2024) — Saudi Arabia looks to add around 1 MMb/d of production over the next 12-15 months to reach close to 10 MMb/d […]
LatAmNRG matters, highlights, heard: Argentina LNG, $7.3bn Amber-Citgo deal
HOUSTON, TEXAS (By editors at Energy Analytics Institute, 4.Oct.2024, Words: 423) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended […]
QatarEnergy LNG Awards McDermott EPCI Contract for the NFS
(McDermott, 3.Oct.2024) — McDermott has been awarded an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) Offshore […]
SLB and ADNOC Drilling Partner for Unconventional Development
(SLB, 30.Sep.2024) — SLB announced an agreement to create Turnwell Industries LLC OPC, a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The […]
Saudi Arabia Signals Oil Policy Shift
(The Washington Institute, 27.Sep.2024) — The kingdom anticipates and accepts lower oil prices, according to a news report, but the impact on other producers could […]
Masdar to Buy Saeta from Brookfield for $1.4bn
(Masdar, 24.Sep.2024) — Abu Dhabi Future Energy Company PJSC (Masdar), the UAE’s clean energy powerhouse, announced the proposed acquisition of Saeta Yield from Brookfield Renewable, […]
TotalEnergies to Supply 1.1 mtpa to BOTAĹž for 10 Years
(Energy Analytics Institute, 18.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies signed a Heads of Agreement (HoA) […]
Saipem Awarded Offshore Contract in Saudi Arabia Worth$2bn
(Energy Analytics Institute, 16.Sep.2024) — Saipem has been awarded a new offshore contract worth $2bn, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for […]
QatarEnergy Inaugurates the “Rex Tillerson”Â
(QatarEnergy, 10.Sep.2024) — QatarEnergy inaugurated the first conventional-size LNG vessel under its historic shipbuilding program. The “Rex Tillerson” was named after the former Chairman and CEO […]
QatarEnergy to Build 6 New QC-MAX LNG Vessels in ChinaÂ
(QatarEnergy, 9.Sep.2024) — QatarEnergy signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 6 additional state-of-the-art QC-Max vessels, bringing the total […]
Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman Extend Cuts
(Opec, 5.Sep.2024) — The OPEC+ countries, which previously announced additional voluntary cuts in Apr. and Nov. 2023, including Saudi Arabia, Russia, Iraq, the United Arab […]
Amigo LNG inks LNG supply deal with OQ Trading, Oman
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Aug.2024, Words: 233) — Amigo LNG SA de CV of Mexico, a subsidiary of LNG Alliance Pte Ltd, Singapore, entered into […]