On August 06, 2025 ADNOC Gas reported record Q2 2025 results, with net income rising 16% YoY to $1.385 billion and EBITDA increasing 8% YoY to $2.256 billion. The strong performance was driven by robust demand in the local gas market and opportunistic LNG exports, showcasing resilience against oil price volatility. CEO Fatema Al Nuaimi highlighted improved operational efficiency and healthy cash flows, positioning the company for long-term growth.  

In H1 2025, ADNOC Gas increased Capex by 49% YoY, including a $5 billion final investment decision for the Rich Gas Development project, bringing total committed Capex to $20 billion. The company is advancing strategic initiatives like the Integrated Gas Development Expansion and Ruwais LNG project to capture market opportunities. These investments aim to diversify revenue streams, enhance margins, and solidify ADNOC Gas’ position in the growing LNG sector.

Visit: https://worldoil.com/news/2025/8/6/adnoc-gas-affirms-resilience-with-record-q2-performance/

On August 06, 2025 Blackstone has agreed to acquire Enverus, a top energy data analytics platform, from Hellman & Friedman and Genstar Capital, though financial terms were undisclosed. Enverus, serving 8,000 customers in 50 countries, is the largest SaaS provider for the energy sector, offering AI-driven insights and real-time analytics to optimize decision-making. CEO Manuj Nikhanj stated that Blackstone’s global reach and energy expertise will accelerate Enverus’ growth, particularly in AI and power markets.  

Blackstone highlighted Enverus’ role in addressing rising electricity demand and the energy transition, aligning with its previous investments in the sector. Hellman & Friedman and Genstar Capital, which expanded Enverus’ AI capabilities, noted its leadership in generative AI for energy. The deal, expected to close by year-end, was advised by Citi, Morgan Stanley, and RBC Capital Markets.

Visit: https://worldoil.com/news/2025/8/6/blackstone-to-acquire-enverus-in-major-energy-data-analytics-deal/

On August 06, 2025, TotalEnergies has agreed to sell its 45% stake in two unconventional oil and gas blocks in Argentina’s Vaca Muerta shale play to YPF SA for $500 million. The assets, Rincon La Ceniza and La Escalonada, span 51,000 net acres and are currently in pilot development, operated by Total Austral alongside partners Gas  Petroleo de Neuquen and Shell’s O&G Developments.  

Despite the divestment, TotalEnergies remains committed to Argentina, retaining 183,000 net acres in Vaca Muerta. Javier Rielo, Senior VP for the Americas, stated the sale aligns with the company’s strategy to unlock value from non-core assets while focusing on key operations, including the Aguada Pichana Este and San Roque blocks, which produce 50,000 boe/d. The deal allows TotalEnergies to prioritize core developments in the Neuquén Basin and offshore Tierra del Fuego.

Visit: https://worldoil.com/news/2025/8/6/totalenergies-sells-stake-in-two-vaca-muerta-shale-blocks-to-ypf-for-500-million/

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