International

Morocco, Shell sign 12-year natural gas deal: ministry

Representatives of Morocco national electricity authority, ONEE, and the British firm signed a contract on Friday in Rabat, the ministry said in a statement

Qatar to supply 40% of all new LNG by 2029: Al Kaabi

The energy minister also gave an overview of QatarEnergy efforts to deal with the energy trilemma of security of supply, affordability, and sustainability by providing the world with the cleaner energy it needs for a responsible energy transition

TotalEnergies to start Iraq projects within month: official

French energy giant TotalEnergies will start executing a $27-billion oil and gas contract with Iraq within one month

Italian oil major Eni buys Neptune Energy for $4.9bn

Eni has agreed to acquire private equity-backed Neptune Energy for $4.9bn in the largest cash deal in the European oil and gas sector for almost a decade.

Saudi oil tankers cluster off Egyptian Red Sea coast amid increased European demand

Ten oil tankers, eight of them from Saudi Arabia, are clustered off the Egyptian port of Ain Sukhna on the Red Sea, with two more tankers heading to the same location, according to energy market intelligence firm Vortexa.

ADNOC Drilling accelerates growth with 2 new rigs acquisition

ADNOC Drilling Company inked an agreement to purchase two premium offshore jack-up rigs for $220 million, which is included in its capital expenditure guidance.

ADNOC, TAQA, Orascom Construction join Metito for project worth up to $2.4bn

Mubahser: A consortium of Abu Dhabi National Oil Company (ADNOC), Abu Dhabi National Energy Company (TAQA), Orascom Construction, and Metito partnered for a joint project estimated at up to $2.40 billion, equivalent to AED 8.80 billion.

Saudi Arabia’s energy minister warns speculators ahead of OPEC+ meeting

Prince Abdulaziz bin Salman has vowed to keep short sellers ouching and told them to watch out, days before a planned meeting of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, to decide on future oil policy