PARIS, FRANCE (By TotalEnergies, 21.Jul.2026, Words: 269) — TotalEnergies announces the final investment decision (FID) for the Umm Shaif Gas Cap development in the Umm Shaif and Nasr offshore concession, in which the company holds a 20% interest alongside ADNOC (60%), CNPC (10%) and ENI (10%), with ADNOC Offshore as operator. […]
Category: United Arab Emirates
UAE
ADNOC accelerates gas growth strategy with $6.2bn FID for Umm Shaif Gas Cap
ABU DHABI, UAE (By ADNOC, 21.Jul.2026, Words: 429) — ADNOC is accelerating its integrated global gas growth strategy with a $6.2bn (AED22.6bn) final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi alongside its international partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC). The UAE holds […]
ADNOC inks 15-year SPA with INPEX for Ruwais LNG project
ABU DHABI, UAE / TOKYO, JAPAN (By ADNOC, 7.Jul.2026, Words: 496) — ADNOC announced signing of a 15-year sales and purchase agreement (SPA) with INPEX CORPORATION, Japan’s largest exploration and production (E&P) company, for the supply of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the Ruwais […]
ADNOC, XRG and Mitsui to advance new opportunities across the energy value chain
ABU DHABI, UAE / TOKYO, JAPAN (By ADNOC, 7.Jul.2026, Words: 358) — ADNOC and XRG have signed a strategic collaboration agreement (SCA) with Mitsui & Co., Ltd. to unlock new growth opportunities across the energy value chain. The agreement was signed during the visit to Japan by Dr. Sultan Al Jaber, […]
AMIGO LNG inks 20-year LNG supply deal with 2PointZero’s IRH
MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 1.Apr.2026, Words: 386) — Abu Dhabi-based International Resources Holding signed a 20-year liquefied natural gas (LNG) sale and purchase agreement with AMIGO LNG securing long-term LNG supply to support growing global energy demand. The deal strengthens IRH’s strategy of securing reliable LNG supply […]
PRESS DIGEST 1 APR. 2026: Deer Park stoppage; MEX natgas sovereignty; AMIGO LNG 20-yr SPA
MONTERREY, MEXICO (By editors with Energy Analytics Institute, 1.Apr.2026, Words: 424) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on AMIGO LNG, LNG Alliance and PEMEX, among others. Energy Analytics Institute (EAI) has not verified […]
TotalEnergies reports on impact of Middle East conflict on activities
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 13.Mar.2026, Words: 230) — TotalEnergies is continuing to monitor the evolution of the situation in the Middle East but has shut down production or is in the process of shutting down in Qatar, Iraq and UAE offshore, representing approximately 15% of the company’s […]
OPEC+ to adjust production, reaffirms commitment to market stability
VIENNA, AUSTRIA (By OPEC, 11.Mar.2026, Words: 294) — The 8 OPEC+ countries, which previously announced additional voluntary adjustments in Apr. and Nov. 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 1 Mar. 2026, to review global market conditions and outlook. In view of a […]
Wood Mackenzie and 6 key takeaways from ADIPEC 2025 in Abu Dhabi
ABU DHADI, UNITED ARAB EMIRATES (By Wood Mackenzie, 13.Nov.2025, Words: 871) — Energy industry leaders gathered in Abu Dhabi last week for ADIPEC 2025. The world’s biggest energy conference lived up to its billing, drawing a record crowd of more than 239,000 visitors over the 4 days. Wood Mackenzie was […]
8 OPEC+ countries reaffirm commitment to market stability
VIENNA, AUSTRIA (By OPEC, 5.Oct.2025, Words: 286) — The 8 OPEC+ countries, which previously announced additional voluntary adjustments in Apr. and Nov. 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 Oct. 2025, to review global market conditions and outlook In view of […]
AMIGO LNG awards landmark EPC contract to Dubai’s Drydocks for world’s largest FLNG facility
DUBAI, UAE (By LNG Alliance, 25.Aug.2025, Words: 415) — AMIGO LNG SA de CV, the Mexican joint venture of Texas based Epcilon LNG LLC and Singapore-based LNG Alliance Pte Ltd, announced the formal award of the engineering, procurement, and construction (EPC) contract to Drydocks World for the fabrication and delivery of the world’s […]
Eight OPEC+ countries eye 547,000 b/d production adjustment [table]
VIENNA, AUSTRIA (By OPEC, 3.Aug.2025, Words: 294) — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to market stability on current healthy oil market fundamentals and steady global economic outlook and adjust production. The 8 OPEC+ countries, which previously announced additional voluntary adjustments in Apr. […]
![OPEC+ reaffirm commitment to market stability [table]](https://energy-analytics-institute.org/wp-content/uploads/2020/08/Aramco.jpg)
OPEC+ reaffirm commitment to market stability [table]
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 5.Jul.2025, Words: 309) — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to market stability on current healthy oil market fundamentals and steady global economic outlook and adjust production. The 8 OPEC+ countries, which previously announced […]
LatAmNRG heard: China-Russia-Venezuela, Rubio on Cuba, Mexico Pacific new CEO
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.May.2025, Words: 651) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 16 May 2025 including coverage on Bolivia, Colombia, Cuba, Ecuador, Mexico, Panama, Peru, Trinidad and Tobago and Venezuela as well as updates on YPFB, […]
ADNOC Gas reports net income of $1.27bn in 1Q:25, eyes gas project FID in 2025
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), up 7% and 4% respectively compared to the 1Q:24. The performance was driven firstly by continued demand for domestic gas, which was up compared to […]
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 — which previously announced additional voluntary adjustments in Apr. and Nov. 2023, announced plans to implement a production adjustment of 411 thousand barrels per day (Mb/d) […]
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 (AI) company involved in developing solutions for the energy sector. The partnership aims to bring efficiency to energy production, leveraging advanced automation, data-driven insights, and […]
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 their commitment to stabilizing the oil market and upward production adjustments. The 8 OPEC+ countries previously announced additional voluntary adjustments in Apr. 2023 and Nov. […]
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 its highest quarterly income of $1.38bn since its initial public offering (IPO), significantly ahead of the Bloomberg consensus for both periods. “Our record-breaking fourth quarter […]
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 $1.24bn, beating Bloomberg consensus for the quarter. The announcement of the company’s 3Q:24 results coincides with ADNOC Gas’ Board of Directors approval of an updated […]
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 number of attendees, industry executives and international ministers uniting to accelerate sustainable socioeconomic progress for the world. Highlights: Held under the theme of ‘Connecting Minds. […]
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 humanitarian toll is climbing. Energy market fundamentals have been largely unaffected to date, but this could change at a moment’s notice. In a widespread regional […]
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 JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions. The JV will focus on […]
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, together with its institutional partners (Brookfield), for an implied enterprise value of c. US$1.4bn (€1.2bn). Closing of the transaction is subject to customary approvals and is expected […]
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 Emirates, Kuwait, Kazakhstan, Algeria, and Oman, held a virtual meeting on 5 Sep. 2024, during which the eight member countries emphasized their collective resolve to […]
ADNOC Delivers Bulk Shipment of CCS-Enabled Certified Low-Carbon Ammonia to Japan
(ADNOC, 14.May.2024) — ADNOC delivered the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage (CCS) to Mitsui & Co., Ltd. for use in clean-power generation in Japan. The low-carbon certification process, from production to delivery, has been conducted by TĂśV SĂśD, an internationally […]
EAI’s NRGBriefs: Dec. 2023
(Energy Analytics Institute, 31.Dec.2023) — Energy briefs as well as others related to finance and projects during Dec. 2023 including why Venezuela wants to annex the Essequibo; Petrobras acquiring 29 blocks in the Pelotas basin in the 4th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas […]
TotalEnergies and Masdar Demonstrate Methanol-to-SAF Pathway
(TotalEnergies, 6.Dec.2023) — The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens all contributed […]
IDB Invest and IFC Launch Amazon Finance Network
(IDB Invest, 5.Dec.2023) — During COP28, IDB Invest and IFC announced the launch of the Amazon Finance Network, bringing together financial institutions to increase investment flows, mobilize capital, promote financial inclusion, share knowledge on innovative financial solutions, and generate synergies with the public sector. The initiative aims to generate sustainable impact […]
Global Centre Launched to Accelerate Climate Finance
(GCFC, 4.Dec.2023) — Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally. The GCFC aims to address key barriers linked to financial frameworks that hinder investment flows, to help make […]
Rainforest Nations Back Projects Funded Through Carbon Market
(Equitable Earth, 3.Dec.2023) — Today at the UN Climate Change Conference (COP28), Ministers and Indigenous leaders from the most important tropical forests in the world spoke at the launch of Equitable Earth – a new voluntary carbon market standard designed to drive climate finance directly to Indigenous peoples and traditional communities. […]
Countries, Companies Support Energy Transition Accelerator
(The Rockfeller Foundation, 3.Dec.2023) — Today at COP28, the United Nations Climate Change Conference, the U.S. Department of State, the Bezos Earth Fund, and The Rockefeller Foundation presented the core framework of the Energy Transition Accelerator (ETA), an innovative carbon finance platform aimed at catalyzing private capital to support ambitious just […]
GITEX Impact Raises the Bar for Climate Tech and Sustainability Leadership
(GITEX, 18.Oct.2023) — Building on the momentum of COP28, GITEX GLOBAL debuted GITEX Impact, the region’s largest climate tech catalyst for sourcing clean energy solutions towards tackling global warming. The show brings together sustainability leaders to source and discuss green transition solutions and strategies, empowering climate tech companies and startups with the […]
Expo City Dubai is the Venue for COP28
(UAE Embassy in the US, 12.Oct.2023) — The UAE will host the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) from November 30 to December 12, 2023 at Expo City Dubai to unite the world towards agreement on bold, practical and ambitious solutions to the most pressing […]
OPPO’s Commitment to Sustainability: Enhancing Product Durability and ESG ContributionÂ
(OPPO, 6.Oct.2023) — In an era where environmental consciousness is paramount, consumers are increasingly valuing the longevity and eco-friendliness of their tech products. OPPO, the global technology innovator, not only recognizes this shift in consumer priorities but is actively enhancing product quality to ensure lasting durability while minimizing environmental impact. With […]
Energy Industry Demonstrates Commitment to Decarbonising at ADIPEC 2023
(ADIPEC, 6.Oct.2023) — ADIPEC 2023 closed today, with the global energy industry delivering a clear message that it is united in its commitment to decarbonise and to fast-track the energy transition, while continuing to meet global energy needs. The event achieved a record-breaking attendance of over 184,000, the largest edition […]
ADNOC Inks Deals with 30 Companies for Local Manufacturing Opportunities
(ADNOC, 5.Oct.2023) — ADNOC announced new agreements with 30 companies for local manufacturing of critical non-oil products in its supply chain as it accelerates the decarbonization of its operations. The announcement was made at ADNOC’s 7th annual Business Partnership Forum held at ADIPEC, the world’s largest energy industry gathering taking […]
ADNOC Partners with EDGE to Use UAE-made Drones to Minimize Emissions
(ADNOC, 5.Oct.2023) — ADNOC announced a partnership with EDGE Group PJSC, one of the world’s leading advanced technology groups headquartered in Abu Dhabi, to deploy UAE-made unmanned aerial vehicles (UAVs), also known as drones, across its onshore and offshore operations.EDGE’s autonomous systems arm, ADASI, will repurpose its existing UAVs for […]
Saipem Awarded Contract by ADNOC Worth $4.1bn
(Saipem, 5.Oct.2023) — Saipem, in consortium with National Petroleum Construction Company (NPCC), signed a letter of award with ADNOC for a new contract related to the Hail and Ghasha Development Project – Package 1 in the United Arab Emirates. Saipem’s share of the contract amounts to around $4.1bn. The project […]
ADNOC and Occidental to Advance Direct Air Capture Project in the UAE
(ADNOC, 3.Oct.2023) — ADNOC and Occidental announced an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture (DAC) facility outside the United States (US). Highlights: — Companies to jointly fund engineering study into first megaton direct air capture facility in the […]
Oxy, ADNOC to Commence Study of a DAC Facility in the UAE
(Oxy, 3.Oct.2023) — Occidental (NYSE: OXY) announced that its subsidiary 1PointFive and ADNOC signed an agreement to commence a jointly funded preliminary engineering study for a 1 million tonne-per-year Direct Air Capture (DAC) facility in the United Arab Emirates. The Joint Study Agreement for the DAC facility, signed at the ADIPEC […]
Over 40 Ministers and 120 CEOs to Address Energy Transition at ADIPEC 2023Â
(ADIPEC, 26.Sep.2023) — More than 40 ministers and 120 leading energy industry executives from across the world, will come together in Abu Dhabi for ADIPEC 2023, where they will demonstrate progress, share strategies and spark innovative solutions needed to accelerate decarbonisation and the energy transition. Hosted by ADNOC, ADIPEC 2023 is the […]
Petrobras Inks Biofuels Agreement
(Petrobras, 4.Sep.2023) — Petrobras has signed a memorandum of understanding with MIC Capital Partners (Brazil Strategic Opportunities), a multi-strategy equity investment fund of the Mubadala Capital Group, to develop studies covering future business in the downstream segment, with emphasis on evaluating Petrobras’ participation in a biorefining project. The Mubadala Capital […]
TGT Redefines Acoustics for Well Flow Diagnostics
(TGT, 21.Jun.2023) — TGT Diagnostics announced the launch of its latest acoustic platform, ChorusX, a new diagnostic resource specifically designed to locate and characterise flow in oil and gas wells. This all-new acoustic array platform enables energy companies to find and map fluid flow throughout the well-reservoir system with greater ease […]
TotalEnergies Acquires CEPSA’s Upstream Assets in Abu Dhabi
(TotalEnergies, 1.Mar.2023) — TotalEnergies signed an agreement with CEPSA to acquire CEPSA’s upstream assets in the United Arab Emirates with an effective date of 1 January 2023. The assets to be acquired are: a 20% participating interest in the Satah Al Razboot (SARB), Umm Lulu, Bin Nasher and Al Bateel […]
TAZIZ and Proman Ink Shareholders Agreement
(ADNOC, 19.Jan.2023) — Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG, one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the UAE’s first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi. Highlights: […]
ADNOC L&S Inks Deal for Charter of LNG Floating Storage Unit with AG&P
(ADNOC, 21.Dec.2022) — ADNOC Logistics & Services (ADNOC L&S) and Atlantic Gulf & Pacific International Holdings (AG&P), a downstream LNG platform and infrastructure development company, have signed their third charter agreement to utilize Ghasha, an ADNOC L&S liquefied natural gas (LNG) carrier, as a Floating Storage Unit (FSU). Under the […]
ADNOC and Eni Exploring Options to Boost Gas Supply
(Eni, 12.Sep.2022) — His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Abu Dhabi National Oil Company (ADNOC) Managing Director and Group CEO, and Claudio Descalzi, Eni‘s Chief Executive Officer, met in Abu Dhabi today to discuss the progress of the company’s activities in […]
NRGBriefs: Biden’s Middle East Trip, Sasol’s Force Majeure
(Energy Analytics Institute, 14.Jul.2022) — Energy briefs including US President Joe Biden continues meeting with world leaders in the Middle East as part of his tour of the region; and US-based Occidental to host second quarter 2022 conference call on 3 August 2022. MIDDLE EAST Israel — US President Joe […]
UAE Delegation Explores Opportunities of Energy Transition with the US
(UAE Embassy, 10.May.2022) — His Excellency Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry & Advanced Technology and Special Envoy for Climate Change, began a visit to the United States to accelerate joint initiatives on the economic growth opportunities of the energy transition, outline UAE investment initiatives to increase production capacity, […]