OPEC optimistic on demand, calls for more oil and gas investmentOPEC Secretary General Haitham Al Ghais expressed optimism about oil demand and highlighted the risk of under-investment to energy security...
02 Oct, 2023, 03.48 PM IST
Citi expects Brent to plunge to low $70s next yearChief executive officers of Shell Plc, TotalEnergies SE and Occidental Petroleum Corp., among others, will later Monday discuss plans for t...
02 Oct, 2023, 01.01 PM IST
Qatar, UAE energy ministers say gas will be needed for long timeSaad al-Kaabi, Qatari state minister for energy, told the Global Energy Summit in Abu Dhabi that gas "is not a transition fuel" but a desti...
14 Jan, 2023, 02.21 PM IST
Saudi Arabia, UAE back OPEC cuts as US envoy warns of ''uncertainty''While cordial, the comments at the Abu Dhabi International Petroleum Exhibition and Conference showed the stark divide between the United S...
31 Oct, 2022, 01.15 PM IST
Fossil fuel backers overshadow climate change talks in DubaiIt was a drumbeat echoed throughout the week in Dubai, reflecting the prominent voice fossil fuel producers are seeking to have in the glob...
02 Apr, 2022, 10.45 AM IST
UAE energy chief doubles down on OPEC alliance with RussiaThe United States, European nations, Japan and others have been calling on Gulf Arab oil producers to do more to help bring down prices. Br...
28 Mar, 2022, 02.35 PM IST
UAE will not act on its own to raise oil outputThe UAE's ambassador to Washington, Yousuf Al Otaiba, had said in a statement the embassy posted on Twitter that Abu Dhabi favoured an incr...
10 Mar, 2022, 12.59 PM IST
Crude oil rates rise as market weighs OPEC filling Russia supply gapOil prices rebounded on Thursday after the United Arab Emirates said it is committed to major producers' pact to add 400,000 barrels per da...
10 Mar, 2022, 10.00 AM IST
UAE says insufficient investments can cause oil, gas price hikesOil and gas are needed to ensure reliable supply of energy during the transition period required to implement non-carbon emitting projects,...
08 Nov, 2021, 12.41 PM IST
UAE announces ministerial changes including finance, environmentSheikh Maktoum bin Mohammed bin Rashid Al Maktoum has been appointed finance minister and deputy prime minister and Maryam Al Muhairi becom...
25 Sep, 2021, 05.17 PM IST
UAE oil discoveries bolster ADNOC bid to reach 5 mn bpd capacity: Energy Minister Suhail al-MazroueiThe discoveries "reflect the constant development operations carried out by ADNOC in its endeavour to reach its target of increasing oil pr...
23 Nov, 2020, 04.02 PM IST
UAE is a committed member of OPEC: Energy Minister19 Nov, 2020, 04.53 PM IST
UAE confident that Opec+ laggards will meet oil cut commitmentsThey also demanded that those that had not complied so far made up by making extra cuts later.
15 Jun, 2020, 10.30 PM IST
Oil ministers, executives to debate energy futureMinisters and officials from Nigeria, Japan, Russia, China, USA, International Energy Agency, OPEC, CNPC, Total, and Exxon Mobil will also ...
10 Apr, 2018, 11.42 PM IST
Oil below $45; US stockpiles may speed fallOPEC remains the only factor that can stabilize markets in the short term. But with the group out of the picture, the market is looking els...
14 Jan, 2015, 11.10 AM IST
Markets may take years to absorb oil glut, says UAE energy minister Suhail Al MazroueiOpec would find it “difficult, if not impossible” to give up part of its share in global oil markets by cutting output, he said on December...
08 Jan, 2015, 01.01 AM IST
Asia is principal consumer of Gulf hydrocarbons: UAE ministerThe energy minister of the UAE Suhail Mohammed Al Mazrouei stated that the soaring energy demands is resulting in "new alliances" worldwide.
09 Jan, 2014, 03.58 PM IST