Abu Dhabi National Oil will alter its crude oil pricing methods starting November first. All Adnoc crudes will now use a regional Dubai ben...

Producers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...

A QatarEnergy LNG tanker exited the Strait of Hormuz, the first since July 11. Ship transits through the Hormuz waterway increased on Wedne...

India plans a second phase for its strategic petroleum reserves. This expansion will add 6.5 million tonnes of crude oil storage. Two new f...

Abu 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 approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's ...

Gulf companies will reveal the regional financial impact of the conflict this week. Banks and real estate sectors face challenges due to in...

Iran war news update: Strait of Hormuz The strategic shipping route remains a flashpoint in the conflict, which began in late February with...

The Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of ...

Saudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...

United Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...

Amidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...

Gulf 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 National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...

The UAE is launching its first inter-emirate passenger train service connecting Abu Dhabi and Fujairah on June 30. Bookings are now open wi...

United Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...

Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...