Oil and gas

Oil prices rise amid escalating Russia-Ukraine tensions, yet U.S. inventory build limits overall gains

Brent oil futures for January delivery increased by 0.4 percent, reaching $73.07 a barrel

Sheikh Hamdan bin Zayed attends groundbreaking ceremony of Ruwais LNG Project in Al Dhafra Region

ADNOC is investing approximately AED175 billion in the Ruwais LNG, Hail and Ghasha, Borouge 4 and TA’ZIZ mega-projects

Oil prices steady as traders assess Russia-Ukraine conflict, U.S. inventory gains

Brent oil futures for January delivery held steady at $73.31 a barrel

Saudi Arabia’s crude oil exports hit three-month high in September

Saudi Arabia's oil production fell to 8.975 million bpd from 8.992 million bpd in August

Oil prices rise slightly as Norway’s Johan Sverdrup oilfield halts production amid escalating conflict in Ukraine

Brent crude futures for January delivery increased by 15 cents, or 0.2 percent, reaching $73.45 a barrel

Oil prices surge amid intensifying Ukraine-Russia conflict, persistent demand concerns in China

As of 05:02 GMT, Brent crude futures rose by 29 cents, or 0.4 percent, reaching $71.33 a barrel

Oil prices set for weekly loss on slow Chinese demand, higher supply prospects

The International Energy Agency expects global oil supply to exceed demand in 2025 even if OPEC+ output cuts remain in place

COP29: Egypt reiterates 42 percent renewable energy target for 2030, calls for international support

As of July 2024, solar, wind, and hydropower make up 11.5 percent of Egypt's electricity generation 

Abu Dhabi’s TAQA reports $1.7 billion net income during first nine months of 2024

The Group posted revenues of $11.3 billion, reflecting a 6 percent increase from the same period in 2023

Oil prices drop as U.S. inventory data misses expectations, markets look for clarity on Chinese demand

Brent oil futures for January delivery decreased by 0.1 percent, settling at $72.23 per barrel

Oil prices rise modestly but stay near two-week lows after OPEC’s demand growth downgrade

Brent futures had climbed by 17 cents, or 0.24 percent, reaching $72.06 a barrel

UAE-Japan ties: Abu Dhabi Crown Prince explores stronger bilateral ties with governor of Tokyo

In September this year, the UAE and Japan launched talks to reach a Comprehensive Economic Partnership Agreement

Oil prices steady as China’s stimulus disappoints, U.S. supply fears ease

Brent oil futures for January increased by 0.2 percent, reaching $71.95 a barrel

Oil prices decline as U.S. inventory data shows larger-than-expected build amid Gulf hurricane concerns

Brent oil futures expiring in January dropped 0.6 percent to $75.11 a barrel

Oil prices rise as OPEC+ extends production cuts, impacting U.S. election and Chinese stimulus expectations

Brent futures had risen by $1.18 per barrel, translating to a 1.61 percent increase, reaching $74.28 per barrel

ADIPEC 2024 to feature AI zone with breakthrough solutions for AI energy needs, emissions

The AI zone will include the Energyai Conference, Creative AI Lab, Reskilling Lab and an immersive AI showcase

81.4 percent of Japan’s oil imports sourced from UAE, Saudi Arabia in September 

UAE stood out with 31.33 million barrels, while Saudi contributed 27.98 million barrels 

Oil prices surge as OPEC+ weighs production delays and U.S. gasoline stockpiles drop to two-year low

Brent crude futures, now reflecting the January contract, increased by $1.41, or 2 percent, reaching $74.22 a barrel

Oil prices soar on optimism over U.S. demand, potential OPEC+ output delays

Brent crude futures were up by 47 cents, or 0.65 percent, reaching $73.02 a barrel

Oil prices climb following unexpected draw in U.S. oil stocks, anticipation of key economic data

Brent oil futures for December delivery climbed 0.5 percent to $71.50 per barrel