Saturday 15 March 2025
 
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Dana Gas recommends dividend of $105m for 2024

Dana Gas, the Middle East natural gas company, has recommended a dividend payment of AED385 million ($105 million) (5.5 fils per share) for the full year 2024, reflecting the company's strong financial position and its objective of maintai

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TotalEnergies, ENI to export gas from Cyprus Block 6 via Egypt

TotalEnergies and ENI, partners in Cyprus offshore Block 6, have signed a Host Government Agreement (HGA) with Egypt and Cyprus to develop Block 6 gas resources.   The agreement, signed during the Egypt Energy Sh

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Chevron welcomes MoU on Aphrodite gas project

Chevron, one of the world’s leading integrated energy companies, has welcomed the memorandum of understanding (MoU) with Cyprus and  Egypt governments on the Aphrodite gas project as a positive step for the development.

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Adnoc Gas delivers record $5bn net income for 2024

Adnoc Gas has announced record earnings for the full year (FY) 2024 of $5 billion, and its highest quarterly income of $1.38 billion since its IPO, significantly ahead of the Bloomberg consensus for both periods.  

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Adnoc Gas signs $10bn gas deal with EWEC

Adnoc Gas has signed a $10 billion 10-year flexible natural gas sales and purchase agreement with Emirates Water and Electricity Company (EWEC) to support the UAE's energy transformation, marking a significant strategic partnership.

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Adnoc Gas signs $10bn gas deal with EWEC

Adnoc Gas has signed a $10 billion 10-year flexible natural gas sales and purchase agreement with Emirates Water and Electricity Company (EWEC) to support the UAE's energy transformation, marking a significant strategic partnership.

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TotalEnergies starts construction on Iraq gas project

TotalEnergies (45 per cent, operator) and its partners Basra Oil Company (30 per cent) and QatarEnergy (25 per cent) launched the construction works of ArtawiGas25, a first processing facility for the associated gas from the Ratawi field, loca

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Al Masaood, Deep International to advance O&G solutions

Al Masaood Group’s Projects, Engineering, and Services Division (PESD) has entered an exclusive agency agreement with Deep International, a renowned provider of gas compression and processing solutions.   T

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Strong credit metrics support oil, gas despite emerging risks: Fitch

Fitch's neutral sector outlook for global oil and gas is based on a balanced market with brent crude oil prices forecast at $70 per barrel, reflecting large spare capacity of Opec+ (group consisting of Opec members plus other oil-producing

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Strong credit metrics support oil, gas despite emerging risks: Fitch

Fitch's neutral sector outlook for global oil and gas is based on a balanced market with brent crude oil prices forecast at $70 per barrel, reflecting large spare capacity of Opec+ (group consisting of Opec members plus other oil-producing

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