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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...
- Iran warns will attack US forces in Hormuz after Trump announces plan to guide shipsIran's military warned of attacks on US forces entering the Strait of Hormuz, following President Trump's announcement of a new US maritime...
- Hormuz at near standstill as Iran warns ships to keep to its watersIran's Revolutionary Guard Corps is directing ships to a new route near Larak Island. This change has caused confusion for shipping firms. ...
- 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 ...
- Some Fujairah oil operations outside Strait of Hormuz suspended after drone attack and fireOil loading operations in Fujairah, UAE have been suspended following a drone attack and fire. This incident occurred after debris fell dur...
- Abu Dhabi's ADNOC Gas appoints Fatema Al Nuaimi as new CEO"In her new role, Al Nuaimi will lead the delivery of ADNOC Gas' ambitious business strategy that is focused on growth, decarbonization, an...
- Trying to revive the west coast refinery project: Hardeep Singh PuriThe proposal was to set up Asia's largest refinery with a 60 million tonnes per annum (MTPA) capacity in Ratnagiri, Maharashtra. The projec...
- 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 ...
- ADNOC Drilling starts trading with $10 billion market capThe IPO is the latest move by Gulf oil giants ADNOC and Saudi Aramco to raise cash from outside investors as they try to diversify sources ...
- What JV with ADNOC will mean for Reliance stockDoors will open for Reliance not only to export to India at a competitive price but also in various parts of the world.
- 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...
- BPCL stake sale gets multiple bids; RIL, Aramco skip race"Strategic disinvestment of BPCL progresses: Now moves to the second stage after multiple expressions of interest have been received," Fina...
- Middle East Crude-ADNOC cuts Oct term supply; Aramco may cut Oct OSPsTop oil exporter Saudi Arabia is expected to cut its crude oil official selling prices (OSPs) for Asian buyers for a second straight month,...
- Crude oil prices fall as rise in virus cases, US inventories stall recoveryUS West Texas Intermediate (WTI) crude futures fell 23 to at $40.39 a barrel.
- PCM Strescon bags $10bn UAE rail contractPCM 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 refineryAbu 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 productionThe 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 ...
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