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Supply growth from non-OPEC+ producers is projected to decrease, affecting overall market balance.
A decline in oil prices is expected to lead to a decrease in output in 2026
U.S. crude inventories rose by 1.52 million barrels last week, signaling changing market dynamics
The event will continue to promote a balanced energy approach by championing all viable energy sources and technologies that support sustainability, affordability, and low-carbon development
Net profit for H1 2025 was $420 million, up 5 percent annually and 18 percent compared to H2 2024
Trump extended the tariff truce with China for an additional 90 days, averting duties
Consortium has confirmed it has not discovered anything to date that would cause it to withdraw its proposal
If negotiations fail and the conflict persists, markets may see a sharp rebound in oil prices
DEWA expects stronger revenue and profit in the second half of the year due to seasonal business patterns
Higher U.S. tariffs against a wide range of trade partners took effect on Thursday, fueling concerns over weaker global economic activity
Net profit rose by 12.2 percent YoY, reaching $358 million during this period
ADNOC also retained its position as the fifth strongest brand amongst oil & gas brands
U.S. crude stockpiles declined by 3 million barrels to 423.7 million in the week ending August 1
The board of directors approved an interim dividend of $1.792 billion, up 5 percent YoY
OPEC+ agreed to boost oil production by 547,000 barrels per day for September, ending cuts
Adjusted net income reached $24.5 billion in the second quarter of 2025 and $50.9 billion in the first half of 2025
OPEC+ agreed to increase oil production by 547,000 barrels per day for September
The project is the first commercial application of hydrogen use as fuel in industrial boiler in Egypt and the MENA region
Four new substations and 228km of cables will enhance Dubai's electricity transmission network efficiently
Contract strengthens ADNOC Gas’s partnership with key Indian players as it continues to support India’s energy security
OPEC+ aims to regain market share with significant production increases amid slowing U.S. economy
The second phase, launching on August 2, 2025, will provide 800 megawatts of electric power over the course of one year
Trump's new tariffs on U.S. trading partners are scheduled to take effect on August 1
Qatar has proactively addressed water challenges by launching a range of sustainable initiatives focused on desalination and smart water management
