- In October 2024, the Taliban entered into a USD 1 billion agreement with a company from Uzbekistan for gas production. This contract forms part of the Taliban's strategy to revitalize the Afghan economy and advance its energy sector. By partnering with foreign firms, they seek to draw in investment and expertise to strengthen domestic production capabilities, which is vital for fulfilling Afghanistan's energy requirements
- In October 2024, Town Gas, Egypt’s natural gas distribution company, secured contracts to manufacture and supply natural gas pressure reduction stations in Egypt, as well as to connect homes and other facilities to the gas grid in Romania. This marks the first instance of an Egyptian company operating in this sector within Europe
- In May 2024, Aramco, a prominent global energy and chemicals company, advanced its international retail expansion by finalizing the acquisition of a 40% equity stake in Gas & Oil Pakistan Ltd
- In July 2024, Kuwait Oil Company's (KOC) preliminary reserve estimates indicate approximately 2.1 billion barrels (bbbl) of light oil and 5.1 trillion cubic feet (tcf) of gas. These results highlight a considerable opportunity for further resource development across the field's diverse layers and reservoirs
- In October 2023, Aramco and ENOWA, the energy and water company of NEOM, signed a joint development agreement to build a pioneering synthetic electro-fuel (e-fuel) demonstration plant. This initiative aims to showcase both technological feasibility and commercial viability by producing thirty-five barrels per day of low-carbon synthetic gasoline derived from renewable hydrogen and captured carbon dioxide (CO2)
