UAE
News
July 02, 2018
Al Yasat Company for Petroleum Operations, a subsidiary of the Abu Dhabi National Oil Company has awarded the Engineering, Procurement and Construction contract, for the full development of the offshore Bu Haseer field, to Abu Dhabi’s National Petroleum Construction Company.
News
March 01, 2018
Crude production from OPEC countries fell to a 10-month low in February, mainly due to maintenance at a field in the United Arab Emirates and continued output declines in Venezuela.
News
March 01, 2018
Oil output in the United Arab Emirates slumped the most in a year last month as maintenance at fields in the Persian Gulf reduced supplies from the Middle East’s fourth-biggest crude producer.
News
February 27, 2018
OPEC, Russia and other oil producers participating in output cuts have beaten market expectations in meeting their commitments.
News
February 20, 2018
OPEC’s fourth-largest oil producer is leading an effort to prolong cooperation with Russia and other allies far beyond the expiry of their joint supply cuts this year.
News
February 19, 2018
Abu Dhabi’s selection of a Spanish company to help it develop offshore oil fields is a sign of the Gulf producer’s push to diversify its partnerships while working to boost production capacity and secure long-term markets for crude.
News
February 12, 2018
Indian companies agreed to pay $600 million for a stake in one of Abu Dhabi’s biggest offshore oil concessions, securing a share in the emirate’s crude production for the first time.
News
February 07, 2018
The UAE, a model petro-state where crude exports feed a giant sovereign wealth fund, isn’t the most obvious customer for Texan oil.
News
January 22, 2018
Abu Dhabi’s government oil producer received bids in the fourth quarter from international energy companies seeking stakes in offshore fields that pump about 25% of the Persian Gulf emirate’s crude.
News
January 18, 2018
Fugro has commenced a program of geophysical and geotechnical surveys for Artelia, Abu Dhabi as part of the Hail and Ghasha development, a landmark project by the Abu Dhabi National Oil Company (ADNOC).
News
January 15, 2018
Oil traded near the highest close in more than three years as Iraq echoed a call by the United Arab Emirates and other producers for OPEC-led output cuts to continue, despite recent price gains.
News
January 14, 2018
Iraq joined the United Arab Emirates, Qatar and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains.
News
January 09, 2018
The Abu Dhabi National Oil Company (ADNOC) has awarded the two Front End Engineering Design (FEED) contracts for ADNOC’s planned offshore ultra-sour gas mega project, which consists of Hail, Ghasha and Dalma fields.
News
January 03, 2018
To further promote the petrochemical, oil and gas sector of the Hamriyah Free Zone, the Hamriyah Free Zone Authority (HFZA) has signed a strategic partnership with Gulf Publishing Company (GPC), the world’s largest independent media company devoted exclusively to the global energy industry for more than 100 years.
News
January 01, 2018
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
News
May 11, 2017
Dana Gas PJSC profit nearly doubled in the first quarter as the United Arab Emirates-based natural gas producer boosted output.
News
May 11, 2017
Abu Dhabi National Energy Co. is considering boosting investments in existing oil and natural gas assets that may increase production from Canada to Iraq after posting its first quarterly profit since 2015. The shares climbed the most in five weeks.
News
May 02, 2017
OPEC and allied oil producers should extend their collective production cuts into the second half of the year when an expected upturn in demand will help to re-balance the crude market, United Arab Emirates Energy Minister Suhail Al Mazrouei said.
News
May 01, 2017
The United Arab Emirates is cutting back supplies to customers in June as part of its agreement with OPEC to curb production.
News
April 25, 2017
Abu Dhabi National Energy Co. had its credit rating cut one level to A- by Standard & Poor’s, which cited what it sees as increased risks to state support for the utility known as Taqa.
News
April 19, 2017
Abu Dhabi National Energy is generating cash from overseas oil and natural gas operations and wants to sell some higher-cost wells in North America after reporting a record $5.2 billion loss last year.
