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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...
Gulf Today, Staff Reporter Abu Dhabi National Oil Company (Adnoc) has announced, the award of a $548 million (Dhs2.01 billion) contract to build a new main gas line at its...
The Opec+ agreed on Monday to cut production for the first time in more than a year as it seeks to lift prices that have tumbled due to recession fears....
The statement issued by the group of seven industrially advanced countries – the United States, Canada, Japan, the United Kingdom, France, Germany and Italy – that there would be...
G7 industrialised powers vowed on Friday to move urgently towards implementing a price cap on Russian oil imports in a bid to cut off a major source of funding...
