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...

More News

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)...

Explore more

UAE Growth Forecast Rises on Non-Oil Expansion

The World Bank raised the UAE growth forecast to 4.6% for 2025, up from 4% in January. Strong non-oil sector performance and easing OPEC+...

OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...

UAE Non-Oil Growth Slows Slightly

Business activity in the UAE’s non-oil private sector eased slightly due to ongoing global tariff uncertainty. Despite this, the country’s economic fundamentals remain strong,...

GULFNAV Brooge Acquisition Strengthens Oil Storage Market

Gulf Navigation Holding PJSC (GULFNAV) has made a big move to expand its operations. The company has now finalized the GULFNAV Brooge acquisition. This...

Adnoc Contract Awards Boost Local Economy

Adnoc contract awards are worth Dh65.7 billion in just the first half of 2025. Nearly 400 local suppliers, contractors, and service providers received these...

United Arab Emirates – Oil and Gas Market Overview

The UAE holds the seventh-largest proven oil and natural gas reserves globally, with approximately 97.8 billion barrels of oil. As a member of OPEC...

UAE Fuel Retail Growth Boosts ADNOC Distribution Profits

UAE fuel retail growth boosts ADNOC Distribution profits as the company reports strong results in the first quarter. The business delivered record fuel volumes...

UAE Fuel Prices May 2025: Petrol Rises Slightly, Diesel Drops

The UAE fuel prices May 2025 have been officially announced. Starting May 1, new petrol and diesel rates will take effect across the country....

UAE Fuel Price Drop Brings Relief in April

The UAE April fuel prices are now lower, giving drivers across the country a reason to smile. On March 31, officials released the fuel...

Uganda Signs Major Oil Refinery Deal with UAE Company

Uganda has taken a big step toward its energy goals by signing a deal with UAE-based Alpha MBM Investments. The agreement gives the company...

UAE Crypto Learning Curve: Challenges and Rewards

Understanding cryptocurrency takes effort, but the rewards make it worthwhile. Many people dismiss crypto, calling it a scam or saying it has no real...