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How oil majors’ trading desks came out ahead of the Hormuz shock
The windfall went to traders who already had the ships, storage, and balance sheet to act on what they saw…
Adnoc L&S grows its gas carriers fleet ot 15
The 90k cbm carriers are due in 2H 2029
Adnoc adds Thailand's Gulf Group to its Asian LNG book with a c. 2 mn-ton agreement starting in 2027
Thailand joins India and Japan on Adnoc's growing LNG customer list
The Gulf tanker crunch is turning ship pricing upside down
Availability is beating age in a tanker market starved for ships
XRG doubles down on Azerbaijan gas with Absheron expansion and export-route exposure
The expansion, due online in 2029, is expected to unlock around 5 tcf of recoverable gas resources
TODAY: Washington proposes fund for Gulf energy rebuild + Pan-African link with InstaPay aims to ease cross-border trade
What we’re tracking this morning regionally and around the world
TODAY: Saudi Arabia reroutes more crude back through Hormuz + AD Ports nears delisting as L’Imad takes 23.08% stake
What we’re tracking this morning regionally and around the world
XRG completes Southern Gas Corridor stake acquisition
The company didn’t disclose the size or the value of the stake
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