Oil And Gas

ADNOC awards a wave of projects worth $55 billion until 2028 to support the UAE’s energy growth

A broad investment plan boosts local manufacturing and supports the UAE's position in global energy markets.

4 Min Read

China rejects US sanctions on companies importing Iranian oil

Unilateral actions violate international law and we will not comply with them

1 Min Read
Iran reduces oil production as storage tanks fill up and exports decline

Iran reduces oil production as storage tanks fill up and exports decline

1 Min Read
Restructuring energy costs: India raises industrial gas and jet fuel prices for foreign companies

New Delhi, India – In a move reflecting significant shifts in energy…

2 Min Read
Washington extends deadline for disposing of Russian Lukoil assets: Eye on West Qurna 2 field in Iraq

Washington, DC – In a move reflecting the geopolitical and financial complexities…

3 Min Read
Historic economic opening: The Trump administration and Caracas sign major energy and mining agreements

Washington, DC – In a significant geopolitical and economic shift, the White…

3 Min Read

Latest News

“OPEC” and “OPEC+”.. A History of Oil Management, Quota Disputes, and Member Withdrawals

Energy alliances face a new test as the UAE exits and questions grow over cohesion within "OPEC+"

20 Min Read

US oil and gasoline inventories fell sharply more than expected

Inventories fell by 6.2 million barrels amid rising refinery consumption

2 Min Read

UAE’s exit from OPEC and OPEC+: A strategic shift that reshapes the balance of the oil market

This decision grants Abu Dhabi greater flexibility in managing its oil production and presents the oil alliance with a new…

9 Min Read

Urgent | As of May.. UAE announces decision to exit OPEC and OPEC+

This decision is in line with the UAE's long-term strategic and economic vision

4 Min Read