4/23/2019 - The Abu Dhabi National Oil Company (ADNOC) has signed another significant long-term sales agreement with an important end-user consumer - the Indian Oil Corporation (IndianOil) - for its high-quality ... |
10/26/2018 - The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of November, senior Indian oil officials said. ... |
6/10/2018 - A landmark agreement signed in February between the UAE and India expanding their bilateral energy relationship has started bearing fruit. ... |
2/22/2018 - The Abu Dhabi National Oil Company (ADNOC) has concluded an exclusive agreement with Chemlube S.A., appointing the Switzerland based company as the exclusive seller of its Group III Base Oil product i... |
7/26/2017 - The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter said, as the OPEC producer sought substitutes to replace Qatari condensa... |
7/25/2017 - Abu Dhabi National Oil Co (ADNOC) has cut its crude allocations by 10 percent for September for the majority of its customers, an ADNOC spokesman said. ... |
7/21/2017 - The United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said he hopes that global supplies will start tightening in the second half of the year when demand picks up. "We have seen heal... |
4/29/2017 - The United Arab Emirates is cutting back supplies to customers in June as part of its agreement with OPEC to curb production. Abu Dhabi National Oil Co. will reduce sales by 10 percent, a company spok... |
4/7/2017 - On April 3, the New Constant oil tanker with 1 million barrels of CNPC's equity oil set sail from Port Fujairah in UAE to China. This indicates that the onshore oilfield concession project of Abu Dhab... |
1/31/2017 - Japan imported 26.097 million barrels of crude oil from the UAE in December 2016, according to the latest data released by the Agency of Energy and Natural Resource in Tokyo. ... |
9/21/2016 - India is talking to the United Arab Emirates (UAE) and Saudi Arabia to fill half of the 1.5 million tonnes (mt) of the Mangalore strategic storage, along with Iranian crude, its oil minister said. ... |
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3/8/2016 - The collapse of oil prices in 2014 caught many by surprise. As a result, nearly $400bn of spending on new oil and gas projects has been put on hold or scrapped. This staggering cut in spending sent co... |
2/17/2016 - United Arab Emirates oil minister Suhail bin Mohammed al-Mazrouei said that the country's oil policy was open to cooperation with all producers toward the mutual interest of market stability. ... |
12/9/2014 - Dubai's bourse tumbled in early trade on Tuesday after the price of Brent crude oil hit a new five-year low of $65.33 per barrel, prompting fresh selling by panicky retail investors. ... |
12/8/2014 - Falling crude prices may keep Gulf stock markets under pressure on Monday as oil dominates the thinking of retail investors. ... |
11/26/2014 - Core Gulf oil producer United Arab Emirates sided with OPEC leader Saudi Arabia on Wednesday by saying the group should not panic as oil prices would soon stabilise, while ramping up pressure on non-O... |
11/10/2014 - Tokyo has agreed in principle to allow the United Arab Emirates (UAE) to store crude in Japan for at least three more years, the trade ministry said on Monday, giving the No.2 crude supplier to Japan ... |
11/4/2014 - The United Arab Emirates is concerned about crude oil prices that have lost more than a quarter of their value since June, but is not panicking, the UAE energy minister said. ... |
10/14/2014 - Falling oil prices won't hurt the gross domestic product growth of the United Arab Emirates this year, a Ministry of Economy official told reporters. ... |
10/1/2014 - Dubai crude, as quoted by price-reporting agency Platts, averaged $96.47 a barrel for September, traders said on Wednesday. The monthly average price is the lowest since June 2013, Reuters data showed... |