ExxonMobil announced on Wednesday that it has reached a major milestone, producing 500 million barrels of oil from the Stabroek block off the coast of Guyana, just five years after beginning production.
Centrica Energy Storage has chosen Exceed, alongside Wood, as key partners for the redevelopment of the rough gas field in the UK’s Southern North Sea.
The world's second-largest solar power plant has officially begun operations, marking a significant advancement in global energy sustainability, Located in China.
The UAE's Hatta Hydropower Plant, the first of its kind in the Arabian Gulf, is nearing completion with trial operations expected in early 2025, and will generate 250 MW of clean energy. The project is part of Dubai's broader efforts to meet its 2050 clean energy goals, enhancing sustainability and contributing to global climate action.
QatarEnergy has acquired a 23% stake in the North El-Dabaa offshore block in Egypt from Chevron, further expanding its global oil and gas portfolio. The deal strengthens QatarEnergy's partnership with Chevron and enhances its presence in key energy regions, including Egypt and the Mediterranean.
Adnoc Gas plans to boost earnings by 40% by 2029 through increased gas production and $15 billion in investments, driven by rising demand. The company is also expanding LNG exports, including a stake in the Ruwais LNG project, while maintaining strong dividend payouts.