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Whole lotta energy in this room: UAE eyes deeper energy, industrial ties with IndiaBilateral trade between UAE and India has accelerated past one hundred billion dollars. The UAE-India Comprehensive Economic Partnership Ag...- L&T wins 'ultra-mega' order worth over ₹15,000 cr from ADNOC OffshoreL&T Energy Hydrocarbon Offshore (LTEH Offshore) has won an ultramega offshore contract worth over ₹15,000 crore from ADNOC Offshore in the ...
- Saudi oil tanker heads to India as Red Sea, Hormuz traffic slows amid attacksUS Iran war: A Saudi crude tanker carrying 2 million barrels is headed to Sikka port where Reliance Industries receives most of his cride o...
- UAE to revamp crude pricing amid sharp market fluctuationsAbu Dhabi National Oil will alter its crude oil pricing methods starting November first. All Adnoc crudes will now use a regional Dubai ben...
- Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
- QatarEnergy-controlled LNG tanker exits Hormuz, first in nearly three weeksA QatarEnergy LNG tanker exited the Strait of Hormuz, the first since July 11. Ship transits through the Hormuz waterway increased on Wedne...
- India to build Phase-II strategic oil reserves at Rs 14,527 cr under PPP modelIndia plans a second phase for its strategic petroleum reserves. This expansion will add 6.5 million tonnes of crude oil storage. Two new f...
- UAE to invest $6.2 bn in Abu Dhabi gas projectAbu Dhabi's state oil company ADNOC will invest $6.2 billion in a new gas project. This offshore development is a joint venture with intern...
- ONGC to undertake 1.75 MMT strategic oil reserve expansion at MangaluruONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's ...
- Gulf companies are set to reveal the unequal toll of Iran warGulf companies will reveal the regional financial impact of the conflict this week. Banks and real estate sectors face challenges due to in...
- Strait of Hormuz closed again? Check latest status as Donald Trump declares US-Iran war ceasefire collapsedIran war news update: Strait of Hormuz The strategic shipping route remains a flashpoint in the conflict, which began in late February with...
- LNG tanker at risk of exploding after two vessels struck near Strait of HormuzThe Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of ...
- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
- The likely loser in Gulf's post-war race for oil market shareUnited Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...
- One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
- June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...
- Abu Dhabi proposes new oil-pricing system to mirror wider marketAbu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...
- UAE's passenger train tickets are now live. Here's how you can bookThe UAE is launching its first inter-emirate passenger train service connecting Abu Dhabi and Fujairah on June 30. Bookings are now open wi...
- UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
- At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
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