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Gulf oil giants are racing into the biggest global scramble for gas assets in over a decade
The Gulf’s national oil companies are paying record premiums to own gas outside the Gulf
Adnoc L&S has now committed roughly USD 2.7 bn to vessel acquisitions in 2026 alone
The ships are contracted — but can they beat Hormuz?
XRG takes a stake in Venezuela’s offshore Loran gas field in BP-led agreement
The acquisition brings Gulf capital to Venezuela’s energy sector for the first time
TODAY: Cairo confirms the Damietta blaze was a drone strike + Adnoc adds crude tankers to its fleet
What we’re tracking this morning regionally and around the world
TODAY: Cairo confirms the Damietta blaze was a drone strike + Adnoc adds crude tankers to its fleet
What we’re tracking this morning regionally and around the world
Adnoc grows crude storage with Seoul + DP World adds a 10th ship in India
Stories on our radar this morning from around the region
Adnoc Distribution to acquire Shell South Africa’s downstream business
The transaction would expand Adnoc’s global network by 55% to nearly 1.6k service stations.
Japan’s Inpex takes Ruwais closer to full capacity
One more Japanese buyer, and barely any Ruwais LNG left
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