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Abu Dhabi National Oil Company (Adnoc) announced on Thursday that a new world record for the longest oil and gas well has been set at its Upper Zakum Concession. Stretching...
Opec Secretary General Haitham Al Ghais said on Sunday that “oil markets are going through a stage of great fluctuations” during his two-day visit to Algiers. Al Ghais added that...
United Arab Emirates President His Highness Sheikh Mohamed Bin Zayed Al Nahyan in his talks with Russian President Vladimir Putin in St. Petersburg on Tuesday discussed the Ukrainian crisis and...
Abu Dhabi National Oil Company (Adnoc) announced on Thursday the award of a contract worth $980 million (Dhs3.6 billion) to Adnoc Drilling to hire two jack-up offshore rigs and associated...
Abu Dhabi National Oil Company (Adnoc) on Monday awarded a contract worth $1.53 billion (Dhs5.62 billion) to Adnoc Drilling. The award supports the expansion of Adnoc’s offshore operations and its...
Inflation in India has been on the rise consistently for the past several months and various reasons can be attributed to it such as soaring food and oil prices, among...
The Opec+ has decided in the meeting of its Joint Ministerial Monitoring Committee (JMMC) in Vienna on Wednesday to cut production by two million barrels per day. Opec+ sources said...
The Opec+ alliance of oil-exporting countries on Wednesday decided to sharply cut production to support sagging oil prices. Energy ministers meeting at the Vienna headquarters of the Opec+ oil group...
Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi National Energy Company (Taqa) on Friday announced the successful financial closing of their $3.8 billion strategic project to power and significantly...
Stock markets tumbled, the pound crashed against the dollar and oil prices slumped on Friday on growing recession fears after central banks this week ramped up interest rates to fight...
