Oil And Gas
During “Make in UAE 2026”.. “TAZIZ” signs agreements worth AED 104.6 billion
The duration of the agreements ranges from five to 25 years
Good News for Consumers: Trump Predicts a “Major Breakthrough” in Fuel Prices After Iran Tensions Cool
Former President: Middle East stability is the key to lowering gas prices; "Psychological warfare" and speculation drove costs up; Observers: Stabilized supply chains will restore balance to global markets
Before the scheduled time.. ADNOC Drilling completes acquisition of MBBS joint venture
Abu Dhabi, UAE - ADNOC Drilling announced on Monday the completion of…
The Gas Puzzle in America: Prices Surge Despite “Iran Truce” and Fears of a Hot Summer
Washingto - In a contradiction that has puzzled markets, gasoline prices in…
OPEC+: Oil production adjusted to increase by 188,000 barrels per day starting in June
OPEC+: Oil production adjusted to increase by 188,000 barrels per day starting…
ADNOC awards a wave of projects worth $55 billion until 2028 to support the UAE’s energy growth
Abu Dhabi, United Arab Emirates - The Abu Dhabi National Oil Company…
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Iraq resumes oil exports from all fields as the Strait of Hormuz reopens
Iraq restarts oil ports after unrest
Jet fuel crisis: Air Canada suspends flights to New York
Canada is facing a shortage of jet fuel and rising prices.
South Korea secures “strategic alternatives”: 270 million barrels of oil outside the Strait of Hormuz blockade
South Korea counters US embargo with new supplies
US Crude Drops $7.80 to Reach $91.28 Per Barrel
Sharp decline in futures reflects global market fears of slowing demand in early 2026
Telegraph: Australia strategic fuel reserves will only last 38 days
Fuel crisis looms
Fuel crisis and flight closures: European airlines urge Brussels to take emergency measures to counter the fallout from the regional conflict
Europe faces a crisis in the aviation sector due to the conflict.
Russian oil revenues jump to $19 billion in March, boosted by “easing of sanctions”
Russia surpasses previous oil export levels
Australian airline Qantas raises fuel cost forecast and postpones share buyback due to Middle East tensions
Australia: Qantas postpones share buyback
The Philippines is seeking a US green light to purchase Russian oil to secure its emergency needs
The Philippines seeks permission for Russian oil
Despite the truce, gas prices in Europe are rising again amid escalating geopolitical pressures
Europe is under pressure from ongoing geopolitical tensions.