Energy News

UAE petrol prices set to remain in check as crude market braces for glut

Attacks on oil infrastructure or the closure of the Strait of Hormuz are low-probability events

Oil market heading for big surplus: IEA

IEA’s downward revision comes on the heels of a similar move by Opec

Fertiglobe becomes Adnoc’s platform for low-carbon ammonia growth globally

Adnoc completes acquisition of majority stake in Fertiglobe, increasing its shareholding to 86.2%

Ajman Ruler issues decree establishing Higher Committee of Energy in emirate

The committee shall be responsible for regulating the trading of petroleum products within Ajman

Opec cuts 2024, 2025 global oil demand growth view again

Group makes third cut in 2024 oil demand growth forecast

UAE: EV charging stations to be installed in key locations across Ras Al Khaimah

The authority will oversee all aspects of the project, from installation and maintenance to providing the necessary technology for data management

Adnoc set to close $3.6b Fertiglobe acquisition

Covestro was energy giant’s biggest-ever acquisition

Oil prices edge higher as markets remain on tenterhooks

Global oil prices have already soared 9% since Iran's attack on Israel

Adnoc Gas using 3D printing to make critical replacement components on demand

Company set to save $50 million using one of energy industry’s largest digital libraries of critical components

EIA slashes US, global oil demand forecasts for 2025

The agency expects US oil demand to rise to 20.5 million barrels per day next year