Oil And Gas

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India raises fuel prices by 3 rupees due to the fallout from the Iran war

India raises fuel prices for the first time in years

3 Min Read

A giant Chinese tanker crosses the Strait of Hormuz carrying two million barrels of Iraqi crude oil

China and the success of the oil tanker in crossing the Strait of Hormuz

3 Min Read

Iraq Announces Massive Oil Discovery Near Saudi Border Amid Escalating Regional Energy Crisis

A new oil discovery near the Saudi border boosts Iraq's hopes of diversifying its energy sources, amid a crippling export…

14 Min Read

US EIA: Oil Prices Could Surge $20 Per Barrel if Strait of Hormuz Closure Persists

Warnings of dire consequences for global inflation and Gulf supply disruptions through late June

2 Min Read

During the first quarter.. ADNOC Gas’ net income is 4 billion dirhams

The company has successfully met the needs of its customers in the local market, supported by effective logistics, inventory and…

4 Min Read

With an increase of 5%.. ADNOC Drilling revenues amounted to AED 4.51 billion during the first quarter

This exceptional performance was achieved thanks to high rates of fleet activities and disciplined execution

2 Min Read

The Strait of Hormuz crisis hits British Airways: $2.3 billion increase in fuel costs

Hormuz, rising energy costs, and the seriousness of the situation

2 Min Read

Fuel prices in America jump to alarming levels as the Hormuz crisis escalates

America, geopolitical shifts, and their impact on fuel

2 Min Read

Oil prices plunge and stocks surge to record highs amid peace hopes

Oil and international trade in the Strait of Hormuz

2 Min Read