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Oil
Energy
Arcius Energy: XRG and bp launch new natural gas joint venture
Announced in February 2024, bp holds 51 percent and XRG, ADNOC's firm, 49 percent
Energy
Crude oil prices dip amid cautious market sentiment and Fed meeting
Brent Oil Futures expiring in February fell 0.3 percent to $74.28 a barrel
Energy
The UAE hikes its climate ambitions in submission to the UN
In its updated NDC, the country aims to reduce greenhouse gas emissions by 47 percent by 2035 compared to 2019 levels
Energy
Oil prices dip amid supply surplus expectations and China’s stimulus efforts
Brent oil futures fell by 0.1 percent to $73.34 per barrel
Energy
Oil prices steady as traders balance China’s stimulus and OPEC’s poor demand forecasts
Brent Oil Futures dipped slightly to $73.50 a barrel
Energy
Oil prices surge modestly amid China’s stimulus optimism and U.S. economic indicators
Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel
Energy
Oil prices slip as market reacts to China’s stimulus and Middle East instability
Brent oil futures for February delivery decreased by 0.2 percent, settling at $72.00 per barrel
Banking & Finance
Abu Dhabi’s NMDC LTS signs definitive agreement to acquire 70 percent equity stake in Emdad
The acquisition, pending regulatory approvals, will allow NMDC to expand into oilfield services
Energy
Oil prices decline as OPEC+ prolongs supply cuts
Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel
Energy
Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view
Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel
Energy
Oil prices fall modestly as U.S. inventories rise, OPEC+ meeting approaches
Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel
Energy
UAE supplies Japan with 47.8 percent of its oil imports in October 2024
Japan imported in October 31.80 million barrels of oil from the UAE
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