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As demand for advanced energy solutions increases, the growth of ADNOC Drilling’s IDS portfolio is a cornerstone of its strategy
Both benchmarks are on track for their first weekly rise in three weeks after recording their highest levels since April 3 on Wednesday
Signing occurred during the "state visit" of His Majesty Sultan Haitham bin Tarik to the Netherlands
The IEA revised global oil demand up by 730,000 bpd, down from 1.03 million
Kuwait seeks to gradually increase oil production capacity to 4 million bpd by 2035
Trump is considering changes to the 25 percent tariffs on foreign auto imports from various regions
The two sides discussed strengthening bilateral cooperation across multiple energy fields and other areas of mutual interest
Upcoming edition will include highlights such as the Green Mobility Zone and the Future Energy Landscape Forum
Goldman Sachs expected oil prices to decline through 2026
Sheikh Mohamed reaffirmed the UAE’s commitment to deepening its longstanding and constructive partnership with the U.S.
Brent is set to fall 4 percent this week, while WTI is set to decline 3.8 percent
Following the tariff pause for most countries, oil prices settled 4 percent higher on Wednesday
The discoveries include six fields and two reservoirs of Arabian oil, as well as two fields and four reservoirs of natural gas
Visit will focus on expanding cooperation to enable sustainable economic growth and energy innovation across both nations
This initiative aims to boost Yasref's capabilities and global standing in the petrochemical sector
Trump signed an executive order raising tariffs on China by 50 percent, escalating tensions significantly
OPEC+ postponed output increases until April and extended cuts unwinding to the end of 2026
The agreement was signed during French President Emmanuel Macron's recent visit to Egypt
The event showcases over 1,600 exhibitors and pivotal discussions on energy storage solutions
Markets worry Trump's tariffs will hinder global economic growth and negatively impact oil demand
Trump intensified trade tariffs, raising worries about slowing economic growth and declining demand
The May hike is the next increment of the plan to gradually unwind the most recent output cut of 2.2 million bpd
OPEC+ now aims to return 411,000 barrels per day to the market in May, up from 135,000 bpd as initially planned
Both companies signed a 24-year PPA to develop the Al Dhafra OCGT project
