Adnoc Gas, a major unit of Abu National Oil Company (Adnoc) and its subsidiaries announced the signing of a sales and purchase agreement valued at between $2.5 billion - $3 billion for a period of 10 years with Hindustan Petroleum Corporation Limited (HPCL).
Azerbaijan’s state energy company SOCAR has reached a new milestone in gas exports by selling significant volumes of gas to Southern and Central Europe via the Trans Adriatic Pipeline (TAP), part of the Southern Gas Corridor. From January 2026, Azerbaijani gas will be supplied to buyers in Austria and Germany through Italy.
Egypt’s Ministry of Petroleum said oil and gas companies drilled multiple wells across the Western and Eastern Deserts and the Nile Delta, including five exploratory wells, expected to add about 47 million cubic feet of gas and 4,300 barrels per day to daily output.
