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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ADNOC Drilling Delivers $217M Dividend Amid Soaring Profits and Contract Wins

The UAE energy sector continues to post strong results. ADNOC Drilling recently reported a sharp increase in second-quarter revenue. The company’s revenue rose by...

UAE Port Sees Drop in Refuelling as Tensions Rise

Fujairah, one of the UAE’s most critical maritime hubs, has seen a noticeable slowdown in refuelling activity this year. Bunker fuel sales at the...

UAE Oil Capacity Increase May Happen After 2027

The UAE oil capacity increase could take place beyond 2027 if global demand requires it, according to Energy Minister Suhail Mohamed Al Mazrouei. His...

UAE Petrol Prices Rise in July Despite Global Oil Drop

UAE petrol prices rise in July, affecting motorists across the country. This follows the monthly update from the UAE fuel price committee. Drivers now...

Strait of Hormuz Risks Prompt Supply Chain Concerns in UAE and Saudi Arabia

Businesses in the UAE, Saudi Arabia, and other Gulf countries are closely monitoring Strait of Hormuz risks. This vital shipping passage remains crucial for...

Oil Spill Near UAE Sparks Environmental Concerns After Tanker Collision

An oil spill near UAE is causing alarm after two crude oil tankers collided in the Gulf of Oman near Khor Fakkan. The incident...

UAE Oil Pipeline Route Key to Pakistan’s Energy Backup Plan

The UAE oil pipeline route is becoming essential to Pakistan’s backup plan as tensions rise between Israel and Iran. With growing concerns over a...

ADNOC Drilling Expansion into Kuwait and Oman Strengthens Gulf Oilfield Services

ADNOC Drilling expansion into Kuwait and Oman marks a strategic move to grow beyond its home base in the UAE. The company recently signed...

Energyhouse Reviews Offer for UAE Subsidiary Stake Amid Kuwait Energy Strategy Shift

Energyhouse, a leading Kuwaiti oil firm, received an offer to sell its UAE-based subsidiary. The subsidiary stake amounts to 92.5 percent of the UAE company. This...

UAE’s $18.7B Bid to Build Global Gas Giant with Santos Takeover

Abu Dhabi’s state-owned oil company has launched a bold move to build global gas giant status by bidding for Australia’s Santos. The offer, valued...

UAE’s Non-Oil Trade Growth Surges Toward $1tn Target Early

The UAE is on track to meet its $1 trillion non-oil trade growth target well ahead of schedule. Initially set for 2031, the country...

Saudi Arabia Faces Strain Amid Oil Supply Risk from Iran Disruption

The Saudi oil capacity challenge has taken center stage as regional conflict threatens global oil supply. After Israeli strikes on Iran, prices surged nearly...