Jordan eyes linking gas field to pan-Arab energy pipeline
From 2015 to 2018, the pipeline was reversed to flow gas from Jordan to Egypt, powered by imported LNG through Jordan's Aqaba LNG reception terminal...
Category : Oil & Gas
Capex of GCC national oil companies to hit USD 125 billion by 2027: S&P report
Domestic oil typically remains the core focus of capex, but the regional NOCs are also increasing their focus on gas and international operations...
In its first meeting of 2026, OPEC+ keeps oil output steady amid geopolitical turmoil
The eight OPEC+ members, Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman, raised oil output targets by around 2.9 million barrels per day in 2025...
Israel approves USD 35 billion natural gas deal with Egypt
In 2024, Egypt imported a record 981 million cubic feet per day of natural gas from Israel, registering a 18.2% year-over-year increase...
As Lukoil looks to quit Iraq, country faces new energy conundrum
Lukoil holds a 75% stake in the West Qurna 2 oilfield, while the rest is controlled by the state-owned South Oil Company...
Will stay dominant in oil, asserts Saudi Aramco CEO Amin Nasser
Aramco still views chemicals as a strategic growth area, even as rivals such as Shell and Exxon Mobil scale back operations...
IF Insights: Turkey’s clean energy surge undermines gas market hopes
Turkey's reliance on gas and other fossil fuels for power generation seems to be decreasing due to the growing supply of clean energy and the expansion of battery storage capacity...
European Union regulators set to pause subsidy probe into ADNOC’s Covestro deal
ADNOC's acquisition of Covestro in October 2024 was the largest to date and marked one of the biggest foreign takeovers of a European Union company by a Gulf state...
Santos’ LNG deal with QatarEnergy subsidiary: All you need to know
Under the deal, Santos said it would supply 0.5 million tonnes of LNG per annum over a period of two years from 2026...
Sierra Leone aims to be West Africa’s newest oil & gas exploration frontier
Foday Mansaray stated that Sierra Leone has an estimated 30 billion barrels of oil equivalent recoverable offshore...