Abu Dhabi's National Oil Company (ADNOC) will invest $6.2 billion to develop the offshore Umm Shaif Gas Cap, aiming to expand natural gas production and LNG exports. This project, expected to begin production by 2030, is crucial for strengthening UAE's energy security and global market position amidst Middle East disruptions.
Russia's natural gas exports to Europe via the TurkStream pipeline rose by 5% to 8.74 billion cubic meters in January-July 2026. Despite a 26% monthly drop in June due to maintenance, TurkStream remains the sole active route for Russian gas to Europe.
A group of Australians have filed a human rights complaint with the UN, accusing their government of violating their rights by continuing to export coal and gas. They cite extreme weather events like bushfires and floods as evidence of harm caused by fossil fuel support.
A group of Australians have filed a human rights complaint with the UN, accusing their government of violating their rights by continuing to export coal and gas. They cite extreme weather events like bushfires and floods as evidence of harm caused by fossil fuel support.
Russia's gas exports to Europe via the TurkStream pipeline increased by 6.5% year-on-year in January-May, reaching 7.65 billion cubic meters. In May alone, exports rose 3% year-on-year to 1.47 billion cubic meters, with the pipeline operating at 84% capacity.
QatarEnergy, ExxonMobil, and Egypt's Ministry of Petroleum have signed an MOU to explore developing and exporting gas discovered off Cyprus via Egypt's infrastructure to European markets.
The Australian budget's changes to capital gains tax and trusts are met with 'hysteria' from vested interests and conservatives, who are pushing 'lies' about housing market collapse and 'death taxes'. The article debunks these claims, arguing the changes are progressive and affect a small minority.
Argentina and Chile discussed energy cooperation, including potential Pacific access for Argentine gas exports to Asia and Chilean renewable energy supply for Argentine mining projects. The meeting involved Argentine Foreign Minister Pablo Quirno and Chilean Energy Minister Ximena Rincón.
