OQT, Oman’s global commodity trading company, has appointed Emmanuël Brasseur as Head of LNG at its Dubai office, strengthening its leadership as it expands its presence across global liquefied natural gas (LNG) markets.
LNG buyers are preparing to significantly reshape procurement strategies in response to disruption in the Strait of Hormuz, with greater supply diversification and stronger contractual protections emerging as key priorities, according to a new McKinsey survey.
XRG, ADNOC and Securing Energy for Europe (SEFE) have signed a Memorandum of Understanding to explore cooperation across the natural gas and LNG value chains, supporting reliable and competitively priced energy supplies for Germany and Europe.
Ebara Elliott Energy (EEE) and Doosan Enerbility have signed a memorandum of understanding (MOU) to co-develop advanced gas turbine-driven centrifugal compressors for the liquefied natural gas (LNG) industry.
The International Energy Agency (IEA) forecasts global natural gas demand will fall 0.5 per cent in 2026 as Middle East conflict-driven supply disruptions, higher prices and reduced LNG flows through the Strait of Hormuz weigh on consumption.
Adnoc has signed a 15-year Sales and Purchase Agreement (SPA) with Japan’s largest exploration and production company, Inpex Corporation, to supply 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from its Ruwais LNG project.
Attacks on commercial shipping resumed in the Strait of Hormuz, with two vessels struck in separate incidents that have heightened fears over the security of the shipping lane and threatened to derail recent diplomatic efforts to reduce tensions.
Global liquefied natural gas (LNG) trade reached a record 436.98 million tonnes in 2025, rising 6.3 percent and marking the fastest growth since 2022, according to the International Gas Union (IGU).
Adnoc has launched a global LNG marketing and trading platform in Abu Dhabi Global Market (ADGM), integrating Adnoc Gas, XRG and Adnoc Trading to strengthen operations. The platform boosts flexibility, shipping optionality and customer access, supporting LNG expansion including the Ruwais project.
The International Energy Agency (IEA) expects global electricity demand to grow 3.6 per cent in 2026 and 3.8 per cent in 2027, driven by electrification, data centres and industrial demand despite LNG market disruptions and energy price volatility.
