Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) have announced a US$3.6bn strategic project to significantly decarbonise ADNOC’s offshore production operations

Qatar Petroleum signed the biggest long-term LNG contract with CNOOC while Tellurian Investments signed the most contracted volumes in 2021, revealed GobalData’s Long-Term LNG Contracts Review, 2021 report

Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, according to Rystad Energy analysis

The International Energy Agency (IEA) has released their Coal 2021 report which indicates that economic recovery is driving global coal power generation to a record this year and overall coal demand to a potential all-time high as soon as 2022

Eni has signed an agreement with Sonatrach to relaunch production in the Berkine basin and accelerate decarbonisation initiatives, a move that is set to strengthen Enis presence in Algeria