Abu Dhabi National Oil Company (Adnoc) has expressed interest in BP’s liquefied natural gas (LNG) assets and fuel retail business, signaling the possibility of a potential takeover. This interest comes amid significant shifts in the energy sector, as major companies reassess their strategies and align with the growing demand for cleaner energy solutions. Credit: Finimaze...
Adnoc Gas is launching its largest project to date with a significant $5 billion investment aimed at enhancing the United Arab Emirates’ gas resources. This strategic move is part of Adnoc Gas’s efforts to develop gas self-sufficiency and expand the country’s export capabilities. The project will initially focus on expanding processing units to increase gas...
The Abu Dhabi Department of Energy (DoE) has announced a comprehensive strategic framework aimed at guiding the energy and water sectors through to 2050. This initiative reflects the region’s commitment to sustainable development and aligns with the goals of enhancing energy efficiency and water conservation. Credit: ZAWYA During the announcement, officials emphasized that this strategic...
H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, the Crown Prince and Deputy Ruler of Sharjah, chaired the Energy Council’s second meeting on June 2, 2025. The meeting took place at the Ruler’s Office and was attended by key officials, including H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, the Deputy Ruler of...
The Abu Dhabi National Energy Company (TAQA) is actively seeking acquisition opportunities in the United States and other regions to enhance its international presence and achieve its growth targets. This information was reported by Reuters. TAQA, which is primarily owned by ADPower, a subsidiary of the Abu Dhabi sovereign wealth fund ADQ, has been diversifying...
Kuwait’s Ambassador to the US, Sheikha Al-Zain Al-Sabah, along with Sheikh Nawaf Saud Al-Nasser Al-Sabah, the CEO and Deputy Chairman of the Kuwait Petroleum Corporation (KPC), held a significant meeting with US Interior Secretary Doug Burgum. The meeting, as reported by Kuwait’s Embassy, focused on enhancing strategic relations between the two nations, particularly in the...
The United Arab Emirates has announced plans to increase its energy investments in the United States to a total of $440 billion over the next decade. This significant financial commitment was highlighted during a presentation by Sultan Al Jaber, the chief executive of Abu Dhabi National Oil Company (ADNOC), to U.S. President Donald Trump, who...