Energy

QatarEnergy North Field Expansion: First LNG Production Due H2 2026, Capacity Rising to 126 MTPA

QatarEnergy's $29 billion North Field expansion will produce its first LNG in the second half of 2026, according to the company CEO — pushing Qatar's total capacity from 77 MTPA to 126 MTPA by 2027 through six new gas trains, making Qatar the undisputed world leader in LNG exports.

Oman’s Duqm Secures $7.5 Billion in Green Hydrogen Deals as HyPort Phase 1 Targets 2026 Production

Oman signed 10 agreements worth $7.5 billion for the Duqm Special Economic Zone — led by ACME Group's $3.5 billion green ammonia project and HyPort Duqm's Phase 1 targeting production start in 2026 — advancing Oman's goal of 1.38 million tonnes of green hydrogen per year by 2030.

UAE Exits OPEC After Six Decades — What It Means for Gulf Energy Markets and ADNOC Strategy

The UAE formally left OPEC on May 1, 2026, ending nearly 60 years of membership and giving ADNOC full freedom to pursue its 5 million barrel-per-day capacity target without quota constraints. With Brent at $106 and Hormuz disrupted, the exit reshapes GCC energy dynamics.

GCC Achieves World’s Lowest Solar Costs at $0.01 Per kWh as Region Eyes Green Hydrogen Leadership

GCC countries are achieving record-breaking solar electricity costs of between 1.04 and 1.32 US cents per kWh — the lowest in the world — driven by exceptional solar irradiation and government-backed investment, as the region positions itself as a future green hydrogen exporter.

Qatar Pushes Ahead With North Field LNG Expansion as Production Capacity Heads to 142 Million Tonnes

QatarEnergy is pressing ahead with the world's largest LNG expansion programme despite disruptions to Hormuz shipping, targeting a doubling of output capacity from 77 to 142 million tonnes per annum and recording a 66 per cent surge in new foreign-owned company formations.

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