Gas & LNG
Adnoc to Speed Spending Post-OPEC with $55 Billion in Awards
The United Arab Emirates’ flagship oil company Adnoc announced plans to accelerate a growth plan with 200 billion dirham ($55 billion) in project awards spanning upstream and downstream operations, following the country’s exit from OPEC on May 1.
HORMUZ TRACKER: Traffic Halts as Trump Weighs Iran’s New Offer
Traffic through the Strait of Hormuz has come to a virtual standstill while US President Donald Trump weighs Tehran’s latest peace proposal.
Exxon Profit Surprises Analysts Despite Iran War’s Tumult
Exxon Mobil Corp. outperformed expectations after oil-production increases from Guyana and the Permian Basin helped offset supply losses due to the Middle East war.
