Abu Dhabi Said to Raise Naphtha Offers for May Annual Contract

While hydrocarbons continue to make up the lion's share of the emirate's GDP, oil revenues are supporting long-term efforts to diversify the economy. Under the Abu Dhabi Economic Vision 2030 strategy, the emirate is working to build a ...

Emirates National Oil Co (Enoc) has said the work on the new oil terminal at Jebel Ali is progressing on schedule and is due for completion by the end of 2013. The project, undertaken by Horizon Terminals Ltd (HTL), a subsidiary of Enoc, features a ...

You might think that as one of the world's top oil producing nations, the United Arab Emirates would have little use for solar energy.But that hasn't stopped the Middle East state from unveiling the largest concentrated solar power plant in ...

Rifts in Kirkuk as deep as its oil wells. [National, The (United Arab Emirates)] Al Bawaba Ltd. The Kurdish region in northern Iraq is caught between two military forces. One is backed by the Kurdish government, and the other represents the Iraqi ...

The South Asian nation's fuel demand is growing sharply after a shortage of natural gas forced it to turn to oil-fired power plants to avert power failures. Its energy ministry expects oil imports to rise nearly 5.6% this year to 5.7 million tons.

You need to enable Javascript to play media on Bloomberg.com The tiny Persian Gulf nation of Qatar controls vast gas and oil deposits that feed billions of dollars annually into the state Treasury. Its petroleum riches make it the wealthiest nation ...

The United Arab Emirates energy minister said he considers global oil markets to be "well- balanced," with adequate supplies of crude, a month before OPEC meets to review its production target. The Organization of Petroleum Exporting Countries, due ...

ABU DHABI, May 2 (Reuters) - Japan has signed a nuclear cooperation and technology transfer deal with the United Arab Emirates and told the UAE it wants to renew its role in an oil and gas concession set to expire in 2018, a Japanese foreign ...

Royal Dutch Shell will partner Abu Dhabi National Oil Co. (ADNOC) in a multi-billion-dollar project to develop the Bab sour gas field, the partners said on Tuesday. The choice of Shell (RDSa.L The 30-year Bab venture also puts the Anglo-Dutch giant ...