Abu Dhabi’s $6.2 billion Borouge 4 project surpasses 50% completion milestone

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Mar 29

ADNOC joint venture Borouge to stick with $1.3 billion dividend despite challenging market conditions

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Apr 25

Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report : TOKYO: Japan’s Mitsui & Co. said on Tuesday nothing has been decided on a liquefied ...

arabnews.com/node/2497696/business-economy

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Bloomberg

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Apr 23

Shell, TotalEnergies in Talks for Stakes in Adnoc LNG Plant: Shell Plc and TotalEnergies SE are among several global energy companies in talks to buy stakes in ...

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Apr 17

Spanish Utility Naturgy’s Shares Suspended Amid Takeover Reports: Trading of Naturgy Energy Group, a Spanish gas and power firm, was suspended following two days ...

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Apr 17

Abu Dhabi-based Taqa in talks to buy 41 pct stake in Spain’ Naturgy: Abu Dhabi-based energy holding Taqa said Wednesday it was in talks to buy the 41 percent ...

english.alarabiya.net/business/energy/2024/04/17/abu-dhabi-based-taqa-in-talks-to-buy-41-pct-stake-in-spain-naturgy

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Khaleej Times Apr 15

Dubai: Police seize passenger bus loaded with gas cylinders - News | Khaleej Times

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Apr 11

Comment: We can phase out fossil fuels, if businesses and governments work together

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Apr 02

Tony Blair seeks climate role at COP29 in Azerbaijan: The former PM’s interest highlights the contradictions for the powerbrokers and consultants running U.N ...

politico.eu/article/tony-blair-seeks-climate-role-cop29-azerbaijan/

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Apr 02

What’s behind Abu Dhabi’s $13 billion investment in gas?: The Abu Dhabi National Oil Company (ADNOC) is seeking more foreign partners as it aims to boost gas ...

al-monitor.com/originals/2024/04/whats-behind-abu-dhabis-13-billion-investment-gas

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Mar 29

UAE Chemical Maker Borouge Pursues Target in Asia in Growth Push: The biggest chemicals producer in the United Arab Emirates is pursuing a target in the ...

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Vox

Mar 29

Fossil fuel companies at CERAWeek are optimistic in the climate change era: Coal, oil, and natural gas producers have found their vision for a low-carbon world.

vox.com/climate/24115045/ceraweek-fossil-fuel-oil-gas-energy-climate-change-renewable-exxon-aramco

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Mar 20

Phasing out fossil fuels a ‘fantasy,’ oil executives say amid giant profits: Despite a historic global climate deal, demand for oil is booming ...

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Mar 21

Nigerian teenager given free care after gas explosion causes devastating burns: Teenager dreams of becoming airline pilot after receiving stem cell treatments in ...

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Mar 18

Global LNG demand is picking up due to low prices - Shell CEO: Global demand for liquefied natural gas (LNG) is picking up due to a recent fall in prices ...

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Mar 16

The Gulf’s scramble for Africa is reshaping the continent: Its increased influence brings economic rewards and political risks

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Feb 14

BP and ADNOC to form gas joint venture in Egypt: Global oil major BP and state-owned Abu Dhabi National Oil Company will form a joint venture in Egypt that will ...

reuters.com/markets/deals/adnoc-bp-form-egypt-gas-joint-venture-2024-02-14/

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english.alarabiya.net

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Mar 13

Adnoc, BP suspend $2 bln Israel gas deal as war in Gaza rages: BP Plc and the United Arab Emirate’s state energy firm suspended a $2 billion bid to buy a major ...

english.alarabiya.net/business/energy/2024/03/13/Adnoc-BP-suspend-2-bln-Israel-gas-deal-as-war-in-Gaza-rages

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Reuters

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Mar 13

Israel's NewMed says BP, ADNOC buy-in offer on hold: A $2 billion offer by Abu Dhabi's national oil company and BP to buy a 50% stake in Israeli gas producer ...

reuters.com/business/energy/israels-newmed-says-bp-adnoc-buy-in-offer-hold-2024-03-13/

Quick Glance: Israel's NewMed: BP, ADNOC Buy-In Offer Paused

A $2 billion offer by Abu Dhabi's national oil company and BP to buy a 50% stake in Israeli gas producer NewMed has been put on hold due to uncertainty in the region.

The offer, made a year ago by Britain's BP and ADNOC, aimed to form a joint venture that would provide them access to gas-rich areas in the Eastern Mediterranean and Israel's energy sector.

A panel reviewing the offer for NewMed recommended raising the asking price by 10%, leading to the deal being suspended due to uncertainty in the region.

NewMed is the largest stakeholder in the huge Leviathan offshore field, operated by Chevron, exporting gas to Egypt and Jordan. Regional conditions and geopolitical issues have made the process challenging, but there is hope for a successful completion once things calm down.

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Mar 06

UAE: Sharjah Civil Defence clarifies safety rules for Ramadan tents: Awareness campaign launched to ensure compliance with fire safety standards

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Mar 08

UAE Chemical Maker Borouge Eyes Expansion Even as Merger Talks Continue: The United Arab Emirates’s biggest chemicals producer Borouge Plc is seeking further ...

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Bloomberg

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Mar 07

Adnoc Aims to Reach Investment Decision on New LNG Plant By June: Abu Dhabi National Oil Co. is advancing plans for a new liquefied natural gas export project ...

bloomberg.com/news/articles/2024-03-07/adnoc-aims-to-reach-investment-decision-on-new-lng-plant-by-june

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GulfNews

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Jan 29

Abu Dhabi’s $6.2 billion Borouge 4 project surpasses 50% completion milestone: First-ever UAE built Borstar gas phase reactor has been installed at the complex

gulfnews.com/business/energy/abu-dhabis-62-billion-borouge-4-project-surpasses-50-completion-milestone-1.100725952

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Mar 04

At the exporters’ forum, gas touted as cleanest energy source in transition to sustainable fuels

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Reuters

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Mar 06

Exclusive: Saudi Aramco, UAE's ADNOC in talks to invest in US LNG projects, sources say

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Times of Oman Mar 04

MSX appoints OQ Group as liquidity provider for Ajman Towers Energy Services and OQGN

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Feb 28

BP plans to invest $1.5 billion in Egypt, Bloomberg News reports

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Feb 29

UAE's ADNOC closes acquisition of 24.9% stake in Austria's OMV: Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of ...

reuters.com/markets/deals/uaes-adnoc-closes-acquisition-of-249-stake-austrias-omv-statement-2024-02-29/

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Reuters

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Jan 26

Abu Dhabi’s Europe M&A hedges an opaque future: Sultan al-Jaber is in the middle of an M&A splurge. The chief executive of the Abu Dhabi National Oil Company ...

reuters.com/breakingviews/abu-dhabis-europe-ma-hedges-an-opaque-future-2024-01-26/

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Feb 23

ADNOC's $30 bln chemicals tie-up with Austria's OMV stalls, FT reports: Talks related to a planned $30 billion merger between the chemicals arms of Abu Dhabi ...

reuters.com/markets/deals/adnocs-30-bln-chemicals-deal-with-austrias-omv-stalls-ft-reports-2024-02-23/

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GulfToday Feb 22

IEA climate pivot debated at meeting: Energy ministers, oil executives and green investors gathered last week to mark a half-century since the formation of the ...

gulftoday.ae/opinion/2024/02/21/iea-climate-pivot-debated-at-meeting

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Financial Times

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Feb 23

Adnoc’s $30bn chemicals deal with Austria’s OMV stalls: Talks cool to allow both sides to navigate differences over merger of cross-held Borealis and Borouge ...

ft.com/content/54684609-4cd1-4761-b446-0c959be28fe4