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.
Brent Crude Slips to $94 as OPEC+ Approves July Output Hike Amid Hormuz Tensions
Oil markets edged lower on Tuesday after OPEC+ approved a 188,000 bpd increase in July production quotas, even as geopolitical uncertainty surrounding the Strait of Hormuz kept prices elevated.
Arabian Gulf Shipping Update: How GCC Businesses Are Managing Elevated Maritime Risk
For the first time since the early 1980s, the Arabian Gulf's principal maritime trade corridor is operating under conditions of significant navigational complexity. The...
UAE Withdraws from OPEC and OPEC+: What It Means for Gulf Energy Policy
The United Arab Emirates announced its decision to withdraw from OPEC and the broader OPEC+ production alliance on April 28, 2026, when Energy Minister...
UAE Petrol Prices June 2026: Super 98 at Dh3.66, What Drivers and Businesses Need to Know
The UAE Fuel Price Committee has set petrol prices for June 2026, with Super 98 remaining at Dh3.66 per litre, Special 95 at Dh3.54...
Saudi Arabia’s PIF Raises $15 Billion Green Bond: Largest Sovereign Green Issuance in GCC History
Saudi Arabia's Public Investment Fund (PIF) has successfully priced a USD 15 billion green bond issuance across 5-year, 10-year, and 30-year tranches, the largest...
MASDAR: How Abu Dhabi’s Renewable Energy Champion is Reshaping Global Clean Power
MASDAR, Abu Dhabi Future Energy Company, has evolved from a clean-tech incubator in the 2000s into one of the world's most significant renewable energy...
GCC’s Energy Transition Dilemma: Balancing Oil Production with Clean Energy Goals
The GCC's energy transition challenge is unique in the world: these are countries that own the very fossil fuels the global community is trying...
