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ADNOC GAS STRIKES 10‑YEAR LNG DEAL WITH INDIA’S HPCL.
ADNOC Gas plc (ADX: ADNOCGAS), the Abu Dhabi‑listed gas and LNG arm of ADNOC, today announced it has signed a 10‑year Heads of Agreement with India’s state‑backed Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) to HPCL.
- 9 months, 4 weeks
IRAN LAUNCHES 7,000 MW RENEWABLE ENERGY PLANT PROGRAM.
Iran is turning to renewable energy as a critical solution to meet its growing electricity demand, especially amid dwindling gas supplies and ongoing economic challenges such as U.S. sanctions.
- 10 months
EGYPT PARTNERS WITH ENI'S IEOC, BP TO EXPAND EXPLORATION ACTIVITIES IN MEDITERRANEAN SEA.
Minister of Petroleum Karim Badawi emphasized that this agreement falls within the framework of the ministry’s first axis strategy.
- 10 months
IRAQ REVIVES OIL-FOR-PROJECTS DEAL WITH CHINA .
Iraq is reviving its landmark oil-for-projects agreement with China, initially signed in 2019, after a three-year suspension reportedly due to U.S. pressure.
- 10 months
KUWAIT’S STATE OIL OPERATOR REPORTS LOWER PROFIT.
Kuwait’s state oil operator, Kuwait Petroleum Corporation (KPC), reported a 6.5 percent decline in net profit for the 2024-2025 fiscal year, primarily due to a drop in global petroleum prices.
- 10 months
KENYAN COURT CLEARS ROSTAM AZIZ’S $130 MILLION GAS PLANT PROJECT.
A Kenyan court has dismissed a case blocking the $130 million LPG terminal by Taifa Gas, clearing the way for Tanzanian billionaire Rostam Aziz’s regional energy expansion. The project is expected to lower gas prices and challenge existing market dominance in Kenya's LPG sector.
- 10 months
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