ADNOC Gas will acquire a $5 billion, 60% stake in Ruwais LNG, doubling its processing capacity by 2028. The plant, powered by clean grid electricity, will be one of the world’s lowest-carbon intensity LNG facilities.
The pipelines, operated by Pacific Pipeline Company, run through the Coastal Zone and have been subject to scrutiny over compliance with the state’s Coastal Act.
ADNOC Gas has secured a long-term agreement with GAIL India Limited to deliver up to 0.52 million metric tonnes per year of liquefied natural gas (LNG) beginning in 2026.
Top U.S. refiners returned $5.2 billion to shareholders in the third quarter through stock buybacks and dividends, maintaining strong payouts even as profits declined. Despite weaker fuel demand and narrowing refining margins, companies like Marathon, Valero, and Phillips 66 upheld their commitment to shareholder returns.
Germany has refused to allow a Russian liquefied natural gas shipment at the Brunsbuttel terminal in northern Germany in line with Berlin's policy not to import LNG from Russia, industry sources said on Thursday.
Coterra Energy Inc. has announced agreements to acquire assets from Franklin Mountain Energy and Avant Natural Resources for a combined $3.95 billion.
Nigeria's state oil firm, NNPC Ltd. said on Wednesday one of its subsidiaries has agreed to supply 100 million standard cubic feet of gas per day to the Dangote oil refinery for the next 10 years.
U.S.-based investment firm Aethon Energy Management is considering options for its natural gas assets valued at around $10 billion, according to sources. Aethon’s portfolio, primarily focused on the Haynesville shale, positions the firm as one of the largest privately held gas producers in the U.S.
Crown LNG aims to complete a Texas-based LNG export plant before President Trump’s term concludes in 2029, with a focus on expediting offshore development to streamline regulatory approval.
Norway has agreed to a $1.6 billion buyout with seven private owners to nationalize most of its gas pipeline network, enhancing government control over the key energy infrastructure.
New Zealand's gas infrastructure reached a significant milestone with the launch of renewable gas flowing through a Firstgas pipeline, marking the country's first-ever use of biogas for residential and commercial users.
Freeport LNG drew record natural gas volumes on several days this week, according to financial firm LSEG, following completion of an overhaul that increased processing capacity.
WhiteWater has announced it will proceed with constructing the Pelican Pipeline, a major natural gas line stretching 170 miles from Williams, Louisiana, to the Gillis Hub near Ragley, Louisiana.
Consumers Energy has completed its Mid-Michigan Pipeline, upgrading 55 miles of natural gas pipeline to enhance reliability across five counties. The $1.5 billion project modernizes the gas delivery system just in time for winter.
ADNOC Logistics & Services signed contracts worth $4.4 billion to build 23 supertankers, primarily focused on LNG, with additional vessels for ethane and ammonia. These contracts with Chinese and Korean shipyards bolster ADNOC’s low-carbon energy shipping capacity.
You can change it with picker below or later using the switch located in the footer.
