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UAE ADNOC NEWS
Oil Price Today (August 14): Crude oil dips below $88 despite Trump’s threat to blockade Iran indefinitely. What are experts saying?Brent crude futures were down 30 cents, or 0.34%, at $86.77 a barrel, while US West Texas Intermediate (WTI) crude futures gained 34 cents ...
ADNOC confirms one of its vessels targeted by missile while sailing through Strait of HormuzAn ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, ...
Oil well the damage control machineryAs India grapples with escalating fuel and plastic costs, the situation is further exacerbated by supply disruptions in West Asia, jeopardi...
Oil prices settle higher on slow progress in US-Iran peace talksOil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated...
Iran fires 'warning shots' as US Navy says its ships entered Gulf via HormuzIran's navy reportedly fired warning shots at US warships in the Strait of Hormuz after American destroyers entered the Gulf to assist comm...
Middle East conflict sparks energy shock: European gas jumps 28%, oil surges 6%Energy prices soared after Iran attacked Middle Eastern energy infrastructure. Gas prices in Europe jumped 28% and oil gained 6%. Major gas...
US-Iran war: Dubai, UAE air traffic operations return to normal after temporary closure of country's airspaceUnited Arab Emirates or UAE's energy and transport infrastructure have been repeatedly targeted by Iran throughout the war
UAE's Fujairah resumes oil loadings after attack, sources sayOil loading at Fujairah, a key UAE hub, has restarted following a drone attack and fire. This disruption could impact OPEC's third-largest ...
UK supports UAE, looks forward for strong participation and engagement at COP28: EnvoyOn UK's participation at COP28, Edward Hobart said, "There will be very strong British participation at COP28. We've been strong contributo...
COP27: UAE and Egypt agree to build one of world's biggest wind farmsThe memorandum of understanding was signed between the UAE's renewable energy firm Masdar alongside its joint venture with Egypt's main ren...
UAE says it suspects drones caused Abu Dhabi fires, Yemen Houthis claim attackYemen's Iran-aligned Houthi movement said on Monday it had carried out an attack on the United Arab Emirates after authorities in the Gulf ...
Behind the Clash at OPEC: Growing competition in the GulfUAE and Saudi Arabia are trying to position themselves for changes in energy production and other areas of their economies in the coming ye...
UAE attracts foreign investments of $20 billion in 2020Contributing to this figure were large deals carried out by the state-run Abu Dhabi National Oil Co (ADNOC), state news agency WAM said, wi...
- Evidence of falling oil imports from China and India: UAE
There is evidence of falling oil imports from China and India, though it will take time to judge whether this is due to seasonal factors or...
- PCM Strescon bags $10bn UAE rail contract
PCM Strescon has bagged a $10.89 billion contract for the provision of railway sleepers at Etihad Rail, the master developer and operator o...
- Abu Dhabi to build new oil refinery
Abu Dhabi National Oil Company will build a new oil refinery to boost its output capacity by 417,000 barrels per day, Jassem al-Sayegh, hea...
- UAE plans investments to boost oil production
The United Arab Emirates, which is home to 8.1 per cent of the world's oil reserve, will make huge investments to boost its oil production ...