Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the US, a joint venture between QatarEnergy and Exxon Mobil from June, two sources familiar with the matter told Reuters.
China plans to upgrade some outdated petrochemical plants and phase out others by 2029, using lists compiled by local governments, according to a government document issued by the industry ministry and other departments.
The UAE is strengthening its role as a global clean energy investment hub through major 2026 projects by national firms, supporting sustainable energy delivery across Asia, Africa and Europe while boosting growth and reducing carbon emissions.
Bapco Energies confirmed a drone attack today (April 5) caused a tank fire at a storage facility. The fire was extinguished, the situation is under control, damage is being assessed, and no injuries were reported.
Abu Dhabi authorities have announced that one person was killed and four others were wounded in an Iranian drone strike at Habshan gas facilities yesterday. Also two fires broke out at the gas facilities as a result of this incident, stated the authorities, leading to significant damage.
Oil prices could rise to $120–$130 a barrel in the near term, with a risk of climbing above $150 if supply flows through the Strait of Hormuz remain disrupted into mid-May, according to a JP Morgan note cited by Reuters.
Adnoc has received 14 awards at the Oil & Gas Middle East Awards 2026 in Dubai, underscoring the reliability, resilience and excellence of its people and operations.
TotalEnergies and Masdar will form a $2.2 billion 50/50 joint venture merging onshore renewables across nine Asian countries, combining assets to reach 3 GW operational capacity and 6 GW in development by 2030.
International Resources Holding (IRH), a subsidiary of 2PointZero Group, signed a 20-year LNG agreement with Mexico’s AMIGO LNG to purchase 1 MTPA from its Sonora project, with deliveries starting in late 2028.
Adnoc Drilling said it has won approval from its shareholders at the AGM for distribution of $1 billion dividends for FY 2025 and also 5% minimum increase to the 2026 payout. These approvals follow a defining year for Adnoc Drilling in which the company delivered record financial and operational performance.
