India boosts energy security with 20-year Qatar LNG deal
QatarEnergy has struck a 20-year LNG Sale and Purchase Agreement (SPA) with Petronet LNG for the supply of 7.5 million tons per annum (MTPA) of LNG to India from May 2028.
QatarEnergy has struck a 20-year LNG Sale and Purchase Agreement (SPA) with Petronet LNG for the supply of 7.5 million tons per annum (MTPA) of LNG to India from May 2028.
TotalEnergies reported net income of $23.2bn in 2023, a 36% drop on 2022.
Linde recorded an operating profit of $9.1bn in 2023 and $2.3bn operating profit in the fourth quarter.
bp’s profits halved to $13.8bn in 2023 on the back of lower energy prices though resilience in the gas sector helped support the multinational energy group’s overall business.
Continued investment and technical support for the expansion, operation and maintenance of oxygen infrastructure are still urgently needed to improve overall health outcomes and achieve universal health coverage, according to Unitaid.
Shell recorded strong performances across integrated gas, upstream gas production and natural gas in the fourth quarter of 2023, posting adjusted earnings of $7.3bn.
Global consulting and engineering company Wood has recorded milestone growth in the Middle East region having secured $850m in contract wins over the last 12 months.
Weekly shipping transits via the Suez Canal decreased by 42% during the last two months, according to the United Nations Conference on Trade and Development (UNCTAD).
A naming ceremony has been held for the 13,000 TEU HMM Garnet, the first of 12 LNG-ready containerships.
ADNOC’s board has increased its decarbonisation and low-carbon solutions budget allocation to $23bn (AED84.4bn).