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UAE energy investments in the U.S. expected to reach $440 billion by 2035 as part of strategy
The United States is expected to invest $60 billion in UAE energy projects
Both Brent and WTI were up 1 percent so far this week after a surge earlier in the week
The bond was issued in two equal tranches of $500 million with competitive coupon rates
The International Energy Agency (IEA) expects global oil stocks to rise by over 700,000 b/d across the year
Abu Dhabi’s Masdar targets a clean energy portfolio of 25GW in the U.S. over the next decade
The group faced a decline in EBITDA, which fell by 6.7 percent to $1.4 billion
Agreements cover keys sectors including LNG, fuels, chemicals, emission-reduction technologies and AI
U.S. crude stockpiles rose by 3.5 million barrels to 441.8 million barrels in the week ended May 9
Expectations of a significant increase in U.S. oil inventories tempered optimism in the market for now
U.S. and China cut tariffs temporarily, boosting markets but leaving uncertainties unresolved.
Company posted $135.5 million in net profit during the quarter
Chinese Vice Premier He Lifeng said a U.S.-China joint statement would be released on Monday
Despite signs of easing tensions, analysts cautioned that the recent tariff-driven volatility in the oil market was not over yet
Framework empowers company to issue green bonds and allocate proceeds to low-carbon projects
Despite gains, oil prices have suffered significant losses in 2025 due to slowing demand and rising production
Crude stocks fell by 4.5 million barrels recently, with analysts expecting further declines in inventories
Net proceeds will support ADNOC Group for general corporate purposes and funding diversification
Kingdom’s oil revenues generated $39.94 billion during the quarter
EBITDA rose by 11 percent to $275 million, the highest first-quarter result since 2017 IPO
Brent crude futures reached $61.20, while U.S. West Texas Intermediate settled at $58.05 a barrel
These three rigs are in addition to the three ordered in July 2024
ADNOC Gas signed a series of mid to long-term LNG supply agreements valued at around $9 billion in Q1
Barclays lowered its Brent forecast by $4 to $66 a barrel due to OPEC+ decisions
