Middle East
Global LNG supply set to jump in 2026, limiting prices and spurring demand
This year marks the start of a large wave of supply that analysts expect to last until 2029, depressing prices that could drive more demand from emerging economies.
ADNOC Gas signs $3-B, 10-yr LNG deal with Hindustan Petroleum Corporation Limited
India is now UAE’s largest customer of LNG, 20% of LNG operated by ADNOC Gas will be supplied to India by 2029 $20 billion worth of LNG contracts signed in last 24 months between ADNOC Gas and Indian companies LNG agreement reinforces ADNOC Gas’ position as a reliable supplier of Indian energy ..
Chevron takes final investment decision on Leviathan gas expansion
Chevron Corporation by its subsidiary, Chevron Mediterranean Limited, and the working interest owners of the Leviathan natural gas reservoir have reached a final investment decision to expand the production capacity of the strategic Leviathan production platform located offshore Israel.
Opinion: What excites and worries LNG exporters in 2026
The year 2025 in the LNG sector will be one for the history books after production and exports of the super-chilled fuel smashed records and raked in billions of dollars in revenues across the global liquefied natural gas supply chain.
Saudi Aramco and Commonwealth LNG sign long-term supply deal
Deal includes option to double supply to 2 mtpa Aramco aims to expand LNG presence in U.S. market Commonwealth LNG targets 8 mtpa sales before construction Saudi Aramco and Commonwealth LNG have signed a long-term contract for the U.S. LNG developer to supply the world's largest oil exporter ..
Egypt, Qatar sign MoU to boost LNG sales and import cooperation
Egypt, the Arab world's most populous nation, has been trying to increase its own gas production and diversify import sources to meet its growing energy needs.
Five energy market trends to track in 2026, the year of the glut
This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russia in its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela.
SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM
SOCAR already owns the Petkim petrochemical complex and the STAR oil refinery in Turkey, and the acquisition further expands the company's footprint in the country's energy sector.
Iraq says gas supplies from Iran have been halted
The ministry reported that 4,000 MW–4,500 MW of power have been lost from the electrical system as a result of the halt to Iranian gas supplies.
Israel approves natural gas deal with Egypt, Netanyahu said
Israel has approved a deal that will supply natural gas to Egypt, Israeli Prime Minister Benjamin Netanyahu said, describing it as the country's largest-ever gas deal.
KBR’s methanol technology selected by Fikrat Al-Tadweer for the first biomethanol plant in Saudi Arabia
KBR announced that it has been awarded a contract for its PureMSM green methanol technology by Fikrat Al-Tadweer for a pioneering biomethanol plant in Saudi Arabia for transforming landfill-gas into clean fuels. KBR’s PureM solution is designed for commercial-scale deployment with a low cost of ren..
ADNOC L&S takes delivery of fourth newbuild LNG carrier as it continues strategic fleet growth
175,000 m3 ‘Al Sadaf’ LNG carrier is +25% larger than legacy models and designed to cut methane emissions by up to 50% ADNOC L&S’s strategic fleet expansion and modernization program will see two further sister vessels delivered during H1 2026 Next-generation carriers strengthen ADNOC L&S’s LNG ..
Update: Saudi Aramco to export first condensate from Jafurah gas plant in February
The $100-B Jafurah project, estimated to contain 229 Tsft3 of raw gas and 75 Bbbl of condensate, is central to Aramco's ambitions to become a major global natural gas player and boost its gas production capacity.
UAE aims to boost LNG exports as global demand outpaces supply
Energy Minister Suhail al-Mazrouei said on Monday he agreed with Qatar's energy minister that global demand for natural gas is outstripping investment in production projects.
Aramco's Jafurah gas plant (Phase 1) begins output
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said. Jafurah is potentially the biggest shale gas project outside the U.S. and is expected to reach sustainable production of..
Data: U.S. LNG export dominance to be tested as sellers look beyond Europe
While U.S. liquefied natural gas exports in 2025 are nearly a third more than those of the next largest exporter, the heavy skew of sales to Europe leaves American LNG vendors at risk of rapid volume downturns as European buyers curb gas use.
Aramco signs preliminary U.S. deals worth more than $30 B
The projects span liquefied natural gas, financial services, advanced materials manufacturing and procurement of materials and services.
Aramco selects Baker Hughes' APM for Master Gas System project
Marks first enterprise deployment of Cordant™ digital solutions in Saudi Arabia, expanding Baker Hughes’ digital presence in the country Cordant™ Asset Performance Management to be deployed across four Booster Gas Compression Stations to drive uptime and reliability Master Gas System project aim..
Opinion: The future of the energy transition will be fractured, bumpy and long
The landmark UN COP21 climate agreement signed in Paris on December 12, 2015 saw 195 nations commit to setting binding targets to reduce greenhouse gas emissions to limit global warming to "well below" 2ׄ°C above the pre-industrial levels. The ambition has in recent years been strengthened to 1.5°C.
Saudi Aramco to sign U.S. LNG agreements during crown prince's visit to Washington
The world's largest oil exporter, Saudi Aramco, wants to become a major LNG player, especially in the United States, where LNG capacity is set to almost double over the next four years.
Quick wins on cutting methane dogged by a slow transition
The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.
GE Vernova, Siemens Energy in talks to supply gas turbines for Syria reconstruction
The successful conclusion of deals would make Siemens Energy and GE Vernova among the first Western companies to benefit from the reconstruction of Syria's power sector, since U.S. President Donald Trump lifted most sanctions on Damascus earlier this year.
Opinion: LNG prices will drop in 2026 to absorb supply surge, but how much?
Global supply of the super-chilled fuel is expected to rise to 475 MM tonnes (t) in 2026, according to data from commodity analysts at Kpler, a 10.2% gain over the 431 MMt forecast for 2025.
ENVEA secures multi-million dollar contract for mercury measurement at Jafurah natural gas processing plant
ENVEA has been awarded a multi-million-dollar contract in Saudi Arabia. The company is providing advanced mercury monitoring to the Jafurah Natural gas Processing Plant in Saudi Arabia, as part of the biggest shale gas project outside of the United States. This will be a crucial source of low-carbon..
ABB integrated solutions to support ADNOC’s all-electric Ruwais LNG facility
ABB chosen to supply advanced automation, electrical and digital solutions for ADNOC’s all-electric Ruwais LNG project ABB will supply its Electrical Control and Monitoring system to increase operational efficiency and safety at the terminal Facility will employ electric motors instead of gas tu..
Schneider Electric research shows Middle East is setting the pace for autonomous operations in the energy sector
UAE leads regional ambition, with 58% of energy organizations targeting full autonomy within five years AI, digital twins, and open, software-defined automation driving next-generation infrastructure Cost efficiency and competitiveness cited as biggest drivers in shift towards more autonomous op..
ADNOC signs 15-year Ruwais LNG supply deal with Shell
Abu Dhabi National Oil Company (ADNOC) said that it had signed a 15-year deal with a subsidiary of Shell to supply up to 1 MMtpy of liquefied natural gas (LNG) from its Ruwais LNG project. Following the sale and purchase agreement with Shell International Trading Middle East Limited, more than 8 MM..
Spain’s O.M. International is front runner to build fixed LNG platform at Faw port
Spain’s O.M. International Group Oil and Gas Services is the front runner to build a fixed LNG gas platform at Iraq's Faw port, director general of the Iraqi ports company Farhan Al- Fartousi said...
Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies
LNG is in strong demand globally, and suppliers typically stand to earn more by selling cargoes in the spot market than under long-term contracts.
AD Ports signs $8-B deal with Nimex to build UAE’s first private LNG, LPG terminal hubs
The two facilities will be developed in phases over five years.
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
- Aramco's Jafurah gas plant (Phase 1) begins output
- U.S. natural gas prices surge 4% to 35-month high in cold snap
- LNG cool-down vessel arrives at ExxonMobil's Golden Pass plant in Texas
