Browsing Tag
ADNOC
70 posts
Argentina LNG becomes largest RIGI filing at $51bn for Vaca Muerta gas
Argentina LNG's $51 billion RIGI application by Eni, YPF and XRG moves Vaca Muerta's floating export plan toward a final investment decision by end-2026.
Strait of Hormuz traffic collapses after two UAE oil tankers come under drone attack
UAE blames Iran for attacks on two oil tankers as Strait of Hormuz traffic collapses and Washington threatens tougher economic pressure.
ADNOC Gas commits $13.2bn to Rich Gas Development as 60% EBITDA target meets Hormuz risk
ADNOC Gas has approved the final two phases of its $13.2 billion Rich Gas Development programme, including new processing capacity at Habshan and NGL fractionation at Ruwais. The expansion lifts its 2030 EBITDA growth target to 60%, but a 52% quarterly profit decline has exposed how strongly export economics can still be disrupted by the Strait of Hormuz.
ADNOC Gas Q2 profit falls 52% to $665m but beats guidance range
ADNOC Gas's Q2 profit fell 52% but beat guidance, and $8.2bn RGD contracts lift the 2030 EBITDA target, though Hormuz and Habshan recovery still gate 2026.
Ruwais LNG Project: Abu Dhabi’s 9.6Mtpa export plant advances toward 2028 start-up
The Ruwais LNG Project in Al Ruwais Industrial City, Abu Dhabi is a 9.6Mtpa ADNOC-led export development backed by bp, Mitsui, Shell and TotalEnergies, with commercial operations scheduled to start in 2028.
Project Peregrine: Kuwait Petroleum seals $16bn pipeline pact with Blackstone, Brookfield, KKR
Kuwait's $16 billion Project Peregrine hands Blackstone, Brookfield and KKR a 49% stake and ties their return to a 2035 target of 4 million barrels a day.
Umm Shaif Gas Cap project: Why ADNOC’s $6.2bn offshore gas development matters in 2026
ADNOC has approved a $6.2 billion final investment decision for the Umm Shaif Gas Cap project, aiming to unlock more than 600 million standard cubic feet per day of gas and associated liquids from one of Abu Dhabi’s most established offshore fields by 2030.
The 40-year Umm Shaif and Nasr concession is quietly becoming a gas story, and the FID makes it official
ADNOC's $6.2B Umm Shaif Gas Cap FID with TotalEnergies, Eni and CNPC unlocks 600 mmscfd of new gas from 2030, feeding a 47 mtpa LNG buildout by 2035.
ADNOC L&S (ADX: ADNOCLS) is spending $225m per ship. Will 2029 charters justify the price?
ADNOC L&S orders four LNG carriers for $900 million, betting 2029 demand and long-term charters will support fleet growth despite vessel oversupply risk.
Can JNK India (NSE: JNKINDIA) turn its order book into FY27 earnings momentum?
JNK India has rerated on orders and FY27 growth hopes. The harder test is whether cash flow and execution can match the buzz.