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ABU DHABI NATIONAL OIL COMPANY
UAE halts all trade, commercial exchanges and financial transactions with Iran until further noticeThe United Arab Emirates has suspended all trade activities and financial transactions with Iran. This decision follows regional escalation...
Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran peace hopes. What lies ahead?Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruption...
Oil Price Today (August 17): Crude oil approaches $90 again amid no breakthrough in Iran war talks. What’s next?Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...
Oil treads water as US-Iran peace talks stall, Hormuz shipping slowsOil prices maintained stability as tanker movements through Hormuz showed a decline. While Brent crude futures edged up, WTI futures posted...
Strait of Hormuz shipping slows sharply after tanker attacksShipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United St...
Navi Mumbai Int'l Airport welcomes first foreign freighter cargoNavi Mumbai International Airport welcomed its first international freighter flight. This marks a significant expansion of its cargo operat...
Hormuz ship attacks mount as US vows to cripple Iran economyThe Strait of Hormuz has seen an uptick in ship attacks, causing grave concerns as peace negotiations remain stagnant. Recently, two vessel...
UAE says Iran attacked ADNOC vessel in Strait of HormuzThe United Arab Emirates reported an Iranian attack on an oil company vessel. No injuries occurred, and the situation was reportedly under ...
Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
Iraq's oil exports via Strait of Hormuz include Abu Dhabi's Adnoc, says SOMO directorIraq’s oil marketing company SOMO says Abu Dhabi’s Adnoc is one of the companies buying Iraqi crude and moving shipments through the Strait...
UAE points finger at Iran as two ADNOC ships attacked in Strait of HormuzTwo Abu Dhabi National Oil Company vessels faced attacks in the Strait of Hormuz. The United Arab Emirates accused Iran of carrying out the...
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 ...
Oil steadies after US threatens to blockade Iran indefinitelyOil prices edged higher on Friday amidst fresh supply anxieties, largely sparked by the U.S.'s warning of a possible indefinite naval block...
Indian startups increasingly eye Abu Dhabi for global expansion: Hub71's Basma AlDhaheriIndian startups are increasingly looking beyond the domestic market as they seek international growth, with Abu Dhabi emerging as an attrac...
Abu Dhabi launches travel programme offering free entry visa for Indian touristsAbu Dhabi's tourism department is offering free UAE entry visas to Indian passport holders. This initiative applies to bookings made betwee...
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, ...
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...