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John Benny


Articles

An Adnoc LNG vessel. The agreement supports the company's global expansion, reinforcing its position as a lower-carbon LNG supplier. Photo: Adnoc
Adnoc signs LNG deal with Osaka Gas

Cargoes will be shipped to destination ports of Japanese utility and its Singapore-based subsidiary

EnergyFebruary 27, 2025
John Benny
A gas plant project in Saudi Arabia. AFP
Gordon Technologies seeks Middle East expansion

Adnoc-backed company plans to establish joint venture to explore Saudi Arabia's unconventional drilling operations

EnergyFebruary 27, 2025
John Benny
Flydubai cancelled the launch of routes planned for 2024 and reduced capacity on others because of Boeing jet delivery delays and supply-chain problems. Jeff Topping / The National
Flydubai posts record profit as it prepares to receive new Boeing planes

Dubai airline expects to receive 12 new Boeing 737s this year to continue growing its fleet

AviationFebruary 24, 2025
John Benny
Oil storage tanks at Turkey's Ceyhan port. Crude from Iraq's Kurdish region will start flowing through the terminal once again, ending a nearly two-year dispute. Reuters
Oil prices slip on imminent restart of Iraqi Kurdistan exports

Iraq is expected to initially ship 185,000bpd from the Kurdistan region, through the Iraq-Turkey pipeline

EnergyFebruary 24, 2025
John Benny
A Caspian Pipeline Consortium terminal in Novorossiysk, southern Russia. Shipments through the pipeline – Kazakhstan's main export route – fell 40 per cent after a drone attack. Getty Images
Oil prices slip nearly 3% on uncertainty over Trump’s moves and Middle East thaw

Worries had intensified this week as crude shipments through a key pipeline from Kazakhstan declined following a drone attack

EnergyFebruary 21, 2025
John Benny
Adnoc will continue to retain a majority 86 per cent shareholding in Adnoc Gas. AFP
Adnoc raises $2.8bn from Adnoc Gas offering on strong institutional investor demand

The sale of 3.1 billion shares was oversubscribed 4.4 times, Abu Dhabi energy company said

EnergyFebruary 21, 2025
Aarti Nagraj
President Donald Trump proposed cutting taxes for US oil and gas producers and allowing companies to expense 100 per cent of investments in domestic factory construction and other capital expenditure. AP
Trump's energy expansion plan faces major obstacles, including his own policies

US President proposed cutting taxes for US oil and gas producers at FII in Miami

BusinessFebruary 20, 2025
John Benny
Adnoc headquarters in Abu Dhabi. The offering will be open to qualified institutional and other investors in a number of countries. Khushnum Bhandari / The National
Adnoc plans Adnoc Gas share sale for liquidity boost

At Adnoc Gas’s last closing price of Dh3.58, the offering is valued at $3.02 billion

EnergyFebruary 20, 2025
John Benny
Oil exports from the Kurdish region through Turkey have been halted since March 2023. Reuters
Oil exports from Iraq's Kurdish region resume next week, says minister

Resumption of crude flows would end a nearly two-year dispute with central government over oil supplies

EnergyFebruary 17, 2025
Sinan Mahmoud
US President Donald Trump's bid to end the Russia-Ukraine war could ease crude supply concerns. EPA
Oil prices settle lower on Ukraine peace deal hopes and delay in US tariffs

US officials are expected to finish a report on the potential of levying retaliatory duties on trading partners by April, easing concerns of an immediate trade war

BusinessFebruary 14, 2025
John Benny
US President Donald Trump, left , and Russian President Vladimir Putin agreed to start immediate talks to end the war in Ukraine, with Middle East envoy Steve Witkoff leading negotiations. AFP
Oil prices fall as Russia-Ukraine peace hopes grow

US President Donald Trump and Russian President Vladimir Putin agree to begin talks immediately to end the war in Ukraine

EnergyFebruary 13, 2025
John Benny
Adnoc Drilling's fourth-quarter revenue rose to $1.19 billion. Photo: Adnoc
Adnoc Drilling’s Q4 profit rises on new rigs

Company’s oilfield services revenue more than doubles to $313 million during the reporting period

BusinessFebruary 13, 2025
John Benny
The Houthis have conducted more than 100 ship attacks since November 2023 in the Red Sea route. EPA
Shipping operators return to Red Sea after Houthi ceasefire but risks remain

Vessel owners are concerned that the Israel-Hamas ceasefire might not hold

BusinessFebruary 13, 2025
John Benny
An Adnoc L&S crude carrier. The company delivers energy products to more than 100 customers in about 50 countries. Photo: Adnoc
Adnoc L&S Q4 profit grows 9%

The Adnoc subsidiary’s revenue during the same period grew 12%

EnergyFebruary 12, 2025
John Benny
A worker tends to flowers by Hoan Kiem Lake in Hanoi. Vietnam is the third-largest economy in Southeast Asia. AFP
Abu Dhabi’s ADQ signs agreement to explore investment opportunities in Vietnam

Partnership aims to deepen bilateral ties, says UAE Minister of Investment Mohamed Alsuwaidi

EconomyFebruary 08, 2025
John Benny
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