Crude has rallied strongly in the opening months of 2021
Fujairah International Oil & Gas Corp claims it’s an intermediary seller of the cargo and that it is Iraqi oil
The attack on the kingdom’s Ras Tanura port on Sunday caused a brief spike in oil prices
Qatar loaded about 700,000 barrels of oil onto the tanker Abu Dhabi-III on March 4
A rising currency wiped out a solid surge following an attack on a major Saudi Arabian export crude terminal
A storage tank in the Ras Tanura terminal was attacked by a drone while a missile also landed near a residential compound for Saudi Aramco employees in Dhahran
TAQA to expand its industrial park; AMCO to set up new manufacturing facilities
The state-run energy company already uses carbon dioxide to pump more crude out of the ground in a process known as enhanced oil recovery
The complex can generate 9,547 MW of electricity
Energy Development Oman will hold the country’s 60 per cent stake in Block 6
Dr Sultan Ahmed Al Jaber has been appointed as managing director of ADNOC, in addition to his current position as CEO
Petrol prices have witnessed an increase after 11 months
Yamani represented four Saudi kings at the Organization of Petroleum Exporting Countries
The project will generate around 1,600,000 kWh of solar energy, reducing BFL’s carbon footprint by 700 metric tonnes
More than 4 million barrels a day of US oil output is now offline
Tabreed currently delivers over 1.404 million refrigeration tonnes to key developments across the UAE and Saudi Arabia
The combination of frigid temperatures and refinery closures has spurred a scramble for fuels
During the year 2020, ADNOC Distribution opened 64 new stations
Futures in London rose 0.9 per cent after capping a third weekly gain
Abu Dhabi Pension Fund is investing in some of ADNOC’s real estate assets
Futures in New York traded near $55 a barrel after jumping almost 5 per cent over the previous two sessions
Countries need to tackle vulnerabilities in their economies, embrace innovation and move towards a more digital future
Using this aluminium from EGA will reduce BMW Group’s emissions by 222,000 tonnes of CO2 per year
The deal should help BP deliver on its goal of selling $25bn of assets by 2025
Utico is the UAE’s only private water and power company
Petrol prices will remain unchanged while the price for diesel has been cut
The kingdom is working with many countries on green and blue hydrogen projects
The relations between Israel and the UAE will have omnipresent long-term benefits through their similarities
The projects injected 14.38MW into the electric grids of five partner countries
SABIC hasn’t decided on a venue for the sale