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Ammonia ambitions to help drive gas demand
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High oil prices allow Adnoc to increase spending on major expansions
NOCs Gas Upstream
Clare Dunkley
15 May 2023
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Adnoc focuses on gas for expansion drive

The Emirati giant is keen to reinforce its status as a net gas exporter while remaining cost-conscious even as it splashes its oil windfall

Adnoc remains committed to capital discipline despite sustained high oil prices, with recent decisions to relocate a planned LNG terminal and to re-tender contracts for an offshore development showing a desire to keep down costs while focusing its expansion plans on gas. In a press release in early May, the Emirati state-owned firm announced the new liquefaction terminal, which had been planned for eastern oil port of Fujairah, would instead be built at Ruwais, the existing gas processing and downstream hub in western Abu Dhabi. Days before, prospective bidders were informed of a third re-tender of the main contracts on the Hail/Ghasha offshore sour gas development project—the largest and co

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Ammonia ambitions to help drive gas demand
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
WPC Energy to promote role of women
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.
Energy sector needs stable policy and better communication
22 July 2025
Pedro Miras is the serving President of WPC Energy for the current cycle which will culminate with the 25th WPC Energy Congress in Riyadh, Saudi Arabia in April 2026. He has over 30 years of experience in the energy sector, including stints with Repsol and the IEA. Here he talks to Petroleum Economist about the challenges and opportunities the global energy sector currently faces.
California refiners dreaming of heyday
17 July 2025
US downstream sector in key state feels the pain of high costs, an environmental squeeze and the effects of broader market trends

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