UAE

Adnoc Approves $6.2 Billion Umm Shaif Gas Project to Expand UAE Energy Production

Umm Shaif Gas continues to play a major role in the UAE’s energy strategy. Adnoc has approved a $6.2 billion offshore development to increase...

Abu Dhabi Family Office Invests Over $1 Billion in Global LNG Company MidOcean

MidOcean investment reached a major milestone after an Abu Dhabi-based investment company committed more than $1 billion to the global liquefied natural gas (LNG)...

Adnoc Approves $6.2 Billion Umm Shaif Gas Project to Expand UAE Energy Production

Umm Shaif Gas continues to play a major role in the UAE’s energy strategy. Adnoc has approved a $6.2 billion offshore development to increase...

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Adnoc Approves $6.2 Billion Umm Shaif Gas Project to Expand UAE Energy Production

Umm Shaif Gas continues to play a major role in the UAE’s energy strategy. Adnoc has approved a $6.2 billion offshore development to increase...

EGA Production Resumes at Al Taweelah Alumina Refinery as Abu Dhabi Accelerates Recovery After Major Shutdown and Advances Toward Full Output by the End...

EGA Production has resumed at the Al Taweelah alumina refinery in Abu Dhabi after a major shutdown earlier this year. Emirates Global Aluminium restarted...

Abu Dhabi Family Office Invests Over $1 Billion in Global LNG Company MidOcean

MidOcean investment reached a major milestone after an Abu Dhabi-based investment company committed more than $1 billion to the global liquefied natural gas (LNG)...

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UAE’s Fujairah Port Reopens Amid Strait of Hormuz Tensions

Fujairah oil port resumed operations on Sunday after drone debris caused fire and disruption the day before. Fujairah oil port is now crucial to...

Gulf States Slash Oil Production by 6.7 Million BPD Amid Strait of Hormuz Crisis

Global oil markets faced a historic shock Tuesday as Bloomberg reported that Iraq, Saudi Arabia, the UAE, and Kuwait have collectively cut production by...

Hormuz Crisis Triggers Global Supply Chain Shock and Energy Fears

Military targets threaten Persian Gulf ports. In addition, the Strait of Hormuz is effectively closed, causing fuel prices and shipping rates to surge. Shipping companies...

Oil Shock Rattles Global Markets as Middle East Tensions Escalate

Oil shock impact hit global markets this week as tensions in the Middle East intensified. Investors in Asia sold off tech stocks sharply. Meanwhile,...

Global Shipping Faces Rising Costs and Uncertainty Amid Gulf War Risk

War risk shock is rippling through global energy markets as insurers retreat from Gulf waters. Shipowners now face soaring costs and rising uncertainty. War...

Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

Strait closure risk dominates global energy discussions as tensions rise in the Gulf. Consequently, oil flows and trade routes face growing uncertainty. Meanwhile, governments...

Iran Oil Crisis Could Push Prices to $100

Iran oil crisis is sending shockwaves through global energy markets as tensions escalate between Washington and Tehran. Traders are closely monitoring developments, fearing potential...

Geopolitical Escalation Near Hormuz Raises Risk of Sharp Crude Price Spike

Hormuz oil shock fears spread rapidly across global energy markets after rising military tensions disrupted tanker traffic. Traders prepared for sharp volatility as crude...

Gulf Drilling Expansion Drives ADNOC Growth Plans

Dubai: Gulf drilling expansion is shaping the next phase of growth for ADNOC Drilling as the company targets larger market share in Oman and...

UAE Projects Global Oil Demand Above 100 Million Barrels Per Day Through 2040

The UAE predicts that global oil demand will stay above 100 million barrels per day through 2040. Growing needs for energy and electricity will...

India-UAE $3 Billion LNG Deal Boosts Trade and Strategic Cooperation

India and the United Arab Emirates have agreed to a $3 billion LNG deal, marking a major milestone in India UAE Trade. The agreement...

UAE and US Drive Clean Energy Advances

Platinum hydrogen systems are gaining momentum in the UAE and US, driving new clean energy opportunities worldwide. Furthermore, Africa is positioning itself as a...