XRG, a lower-carbon energy company and a unit of Adnoc Distribution, has entered into a deal with Global Infrastructure Partners (GIP), a part of BlackRock, to increase its stake in Rio Grande LNG, deepening its exposure to one of the world’s largest LNG export facilities, located in Texas, US.
The International Energy Agency (IEA) says rising LNG supply will help rebalance global gas markets in 2026, boosting demand growth after a 2025 slowdown. Tight supplies and high prices curbed consumption earlier, especially in Asia, before easing as LNG production rose nearly 7 per cent.
Adnoc Gas, a major unit of Abu National Oil Company (Adnoc) and its subsidiaries announced the signing of a sales and purchase agreement valued at between $2.5 billion - $3 billion for a period of 10 years with Hindustan Petroleum Corporation Limited (HPCL).
CB& has been awarded a contract by We Energies to design and build a full-containment liquefied natural gas (LNG) storage tank for a peak shaving facility in Oak Creek, Wisconsin, located just south of the Milwaukee metropolitan area.
QatarEnergy will host the 21st International Conference & Exhibition on Liquefied Natural Gas (LNG2026) in Qatar. Under the theme: “Leading LNG: Powering Today and Tomorrow”, LNG2026 will spotlight market trends, breakthrough technologies, and innovations shaping a sector that remains essential for global energy security and a cornerstone of the energy transition.