Aramco Seals 17 Major US Agreements Worth Over $30bn

Oil giant Saudi Aramco has made over $30 billion in 17 Memoranda of Understanding (MoUs) and agreements with major companies in the US during a visit to Washington by the Saudi Crown Prince Mohammed bin Salman. These agr...

Kosmos Lifts First GTA Condensate Cargo

Having exported 1.05mn tons of LNG since its February start-up according to Kpler, the 2.3mn t/y Tortue FLNG project’s first condensate cargo was lifted in October, Dallas-based partner Kosmos Energy announced on 3 Nov...

EU Approves ADNOC’s €14.7 Bn Covestro Takeover

EU Approves ADNOC’s €14.7 Bn Covestro Takeover

The European Commission (EU) has granted conditional approval for Abu Dhabi National Oil Company (ADNOC)’s landmark €14.7 billion acquisition of German plastics and chemicals manufacturer Covestro, Reuters reported. ...

Adnoc Gas Targets 2026 FID On Key Growth Projects

Adnoc Gas, a publicly-listed subsidiary of Abu Dhabi’s state energy giant Adnoc, sees rapid population and economic growth driving domestic gas demand growth of 4-5% annually between 2023 and 2030. Even this strong out...