UAE's ADNOC Gas boosts capex to $15bn

Adnoc gas sees strong global LNG demand as it boosts supply
The biggest supplier of liquefied natural gas in the United Arab Emirates sees strong demand for the fuel through the rest of the decade just as it boosts supply.Adnoc Gas Plc,
UAE’s ADNOC Gas boosts capex to $15bn on booming LNG market
UAE’s ADNOC Gas raised its capital expenditures to $15bn over the next five years from about $13bn earlier, as the company forecasts strong demand for liquefied natural gas (LNG) through the rest of the decade.
Angola LNG considers expansion as gas supplies ramp up
Angola Liquefied Natural Gas (ALNG) is considering future expansion options including adding a mini train of three million metric tons a year, as new gas supplies to the plant ramp up over the next 12 months,
Adnoc Gas Expects Earnings Boost From Rising Gas Demand
Adnoc Gas, one of the world’s biggest natural-gas producers, targets a jump in earnings by 2029 as it boosts supply to capitalize on growing demand for gas.
Adnoc Gas considers M&A deals to meet LNG demand
Adnoc Gas is looking at international acquisitions and mergers to cope with what it predicts will be strong demand for liquefied natural gas (LNG) in the next decade, a senior executive said on Monday.
Adnoc Gas raises capex to $15 billion on UAE gas demand growth
Adnoc Gas, the integrated gas processing unit of Adnoc, has boosted its capital expenditure target in response to a projected surge in natural gas demand within the UAE, The Adnoc subsidiary plans to spend up to $15 billion from 2025 to 2029,
Adnoc Gas Ramps Up Growth Investments After Profit Beat Estimates
The Abu Dhabi-owned gas company on Monday reported an 11% rise in net profit to $1.24 billion for the quarter compared with the same period last year, driven by higher sales volumes and an improved ...
Marketplace12d
Greater natural gas production is boost to U.S. at home and abroad
In the past decade, natural gas production has tripled in several major U.S. oil fields. Much of it has been liquified and ...
shorenewsnetwork3d
With Trump Returning To Power, Europe Chief Weighs Idea Of Buying More Natural Gas From US Instead Of Russia
The EU chief said the topic of tapping U.S. liquefied natural gas (LNG) could also be discussed in relation to the EU’s trade ...
Politico Europe4d
EU’s opening bid to avoid Trump’s tariffs: We could buy more American gas
During his election campaign, the real estate mogul vowed to bring back jobs to the United States and impose across-the-board ...
Crude Oil Prices6d
Gas Reliance Persists as Europe Faces Winter Energy Crunch
Europe’s energy security remains closely tied to natural gas. Despite high gas storage levels, a colder-than-average winter ...
EU Chief Suggested To Trump Buying US Gas Instead Of Russia's
EU chief Ursula von der Leyen on Friday said she proposed to returning US leader Donald Trump that the United States could supply more liquefied natural gas to the bloc to replace Russian energy.
Europe can replace gas coming via Ukraine using LNG terminals, Snam CEO says
When a transit deal expires at the end of the year, Europe can easily replace Russian gas flowing through Ukraine with liquefied natural gas (LNG), the CEO of Europe's biggest gas grid operator Snam ...
BP’s Greater Tortue Gas ‘Major Component’ for Mauritania Energy
Mauritania will prioritize using gas from BP Plc’s Greater Tortue Ahmeyim development as it looks to increase access to ...