Oman

Israel seals a €30 billion gas contract with Egypt

An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.

Future Fund Oman engage $1.2bn pour accélérer 141 projets énergétiques et industriels

Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.

TotalEnergies, QatarEnergy and Petronas receive exploration licence offshore Guyana

TotalEnergies, QatarEnergy and Petronas have signed a production sharing contract to explore the offshore S4 block in Guyana, marking a new step in the country’s opening to operators beyond ExxonMobil.
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Vallourec to deliver over 30,000 tonnes of pipes for TotalEnergies in Iraq

TotalEnergies has tasked Vallourec with supplying tubular solutions for drilling 48 wells as part of its integrated gas project in Iraq, reinforcing their ongoing industrial cooperation on the Ratawi field.

Pakistan cancels 21 Eni LNG cargoes and seeks to renegotiate its contracts with Qatar

Pakistan cancels 21 planned LNG cargoes from Eni due to a gas surplus and negotiates with Qatar for potential deferment or resale of shipments.

China cancels VAT rebate and reshapes the global solar market

China's decision to cancel the 13% VAT rebate on photovoltaic module exports triggers a sharp price adjustment and reshapes a market under pressure for the past two years.
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Qatar threatens to suspend LNG exports to Europe over CSDDD directive

Qatar warns it could halt its liquefied natural gas (LNG) deliveries to the European Union if the CSDDD directive is not softened, a move that reignites tensions surrounding Brussels' new sustainability regulations.

Oman LNG renews its two-decade industrial partnership with Baker Hughes

Oman LNG has renewed its long-term services agreement with Baker Hughes, including the creation of a local digital center dedicated to monitoring natural gas liquefaction production equipment.

QatarEnergy awards EPC contract for 4.1 MTPA CCS project

QatarEnergy has awarded Samsung C&T Corporation an EPC contract for a 4.1 MTPA carbon capture project, supporting its expansion into low-carbon energy at Ras Laffan.
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LNG wave: 300 bcm by 2030, prices and contracts pivot according to the IEA

A record expansion of liquefied natural gas (LNG, gaz naturel liquéfié — GNL) capacity is reshaping global supply, with expected effects on prices, contractual flexibility and demand trajectories in importing regions.

QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni

QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.

COOEC wins $4bn QatarEnergy offshore field development contract

COOEC has signed a $4bn EPC contract with QatarEnergy to develop the offshore Bul Hanine oil field, marking the largest order ever secured by a Chinese company in the Gulf.
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Eni raises 2025 targets after 54% surge in quarterly net profit

Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.

Qatar and the United States call on the European Union to ease sustainability rules

Doha and Washington warn Brussels about the consequences of EU sustainability requirements on liquefied natural gas exports, as the continent’s energy security remains under pressure.

Oman bets on cobalt and nickel catalysts to boost green hydrogen

Sultan Qaboos University announces a breakthrough in water electrolysis using new rare-metal catalysts, improving production efficiency by more than 30%.
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Europe spent an extra €930bn on fossil energy between 2021 and 2024

A report highlights the financial burden of fossil imports during the energy crisis and points to electrification as key to European energy security.

QIA invests $535mn to increase its stake in Colombian power producer ISAGEN

Qatar’s sovereign wealth fund has raised its stake to approximately 15% in ISAGEN, one of Colombia’s leading power producers, through a $535mn investment alongside Brookfield.

Europe’s gas: summer storage sets a floor under TTF

European inventories curbed price declines as liquefied natural gas (LNG) supply expands and demand stays weak. Cargo arbitrage favours Europe, but winter will determine the equilibrium level. —
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Algeria signs two oil assessment agreements with Petrogas E&P

Alnaft has signed two study agreements with Omani firm Petrogas E&P on the Touggourt and Berkine basins, aiming to update hydrocarbon potential in key oil-producing areas.

Sembcorp secures new 10-year contract for its Salalah power plant

Sembcorp Salalah Power & Water Company has obtained a new 10-year Power and Water Purchase Agreement from Nama Power and Water Procurement Company, ensuring operational continuity until 2037.

Iran surpasses Iraq in gas flaring to become world number two

Iran has overtaken Iraq in 2023 to become the world's second largest gas flaring emitter after Russia, reveals a World Bank report.

Qatar and Taiwan sign 27-year LNG supply agreement

QatarEnergy will supply 4 million tonnes of liquefied natural gas per year to Taiwan's CPC for 27 years, consolidating their energy partnership.

Kuwait’s Al-Zor refinery inaugurated

Kuwait inaugurates the Al-Zor refinery, increasing its refining capacity to 1.8 million barrels per day.

Middle East: renewables to overtake fossil fuels by 2040

The Middle East is embarking on a major energy transition, with renewable energies, mainly solar, set to surpass fossil fuels in electricity generation by 2040.

Malakoff Corporation increases its renewable energy capacity

Malakoff Corporation Berhad expands its renewable energy portfolio with the acquisition of majority stakes in ZEC Solar and TJZ Suria, increasing its effective capacity to 128MW.

Kuwait accelerates oil expansion with drilling contracts

Kuwait Oil has awarded six drilling contracts to ADES Holding, to compensate for the decline in its old oil fields and expand its production capacity.

Qatar: new liquefied natural gas supply contracts

Qatar is committed to increasing its liquefied natural gas contracts in 2024, in response to growing demand, particularly in Europe and Asia.

Technip Energies: robust growth and green innovations

Technip Energies reports an 11.5% increase in net income and strong order intake, driven by LNG and carbon capture projects.
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Oman expands its green hydrogen footprint

Oman is stepping up its green hydrogen projects, announcing $11 billion in investments for green ammonia production in Dhofar.

QatarEnergy launches giant LNG tanker project in collaboration with China

QatarEnergy is investing six billion dollars in a project to build 18 giant LNG carriers, marking a record in the shipbuilding industry.

Oman LNG anticipates a major expansion of its production capacity

Oman LNG is planning a significant expansion to meet the growing demand for liquefied natural gas, with a potential capacity addition of over 30%.
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TotalEnergies further improves 1st quarter earnings

TotalEnergies reported an increase in net profit to $5.7 billion in the first quarter, benefiting from high oil prices, while facing a slowdown in the gas market.

Oman plans auction for offshore oil and gas blocks

Oman announces auctions for offshore oil and gas blocks, aiming to increase its energy production by 2025.

TotalEnergies expands operations in Oman for environmentally friendly LNG

TotalEnergies strengthens its presence in Oman with a major project to produce low-carbon LNG, aimed at reducing maritime emissions.
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Caracas protests against US “criminal sanctions

Venezuela denounces the reimposition of US sanctions on its oil, claiming a violation of the agreements negotiated in Qatar.

Tense negotiations between the United States and Venezuela on sanctions

As the expiry of a major oil sanctions license approaches, the US and Venezuela are negotiating intensively without reaching agreement on a renewal conditional on competitive presidential elections.

SEFE and Oman LNG: New gas pact focused on Europe

SEFE, a German state-owned trader, signs a contract with Oman LNG for 400,000 mt/year of LNG, with a price linked to the European gas hub index.
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OPEC+: Overproducers to submit compensation plans

OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.

QatarEnergy expands fleet by 104 LNG vessels

QatarEnergy expands its fleet with 104 new LNG vessels, completing the expansion of its conventional fleet and strengthening its global transport capacity.