ADIPEC Dialogue Reveals Manufacturing Crucial For Oil Market Recovery

• Wednesday, 10th June 2020
• by Editorial Team

The latest of ADIPEC Energy Dialogue maintains that manufacturing is key to the mid-term revival of the oil and gas markets as consumer demand is expected to lag, according to a press release.   Speaking at ADIPEC Ene...

UAE to Continue Oil Supply Cuts

• Sunday, 10th March 2019
• by Editorial Team

The United Arab Emirates (UAE) plans to continue crude oil supply cuts until the market becomes re-balanced again, according to Minister of Energy and Industry, Suhail al-Mazrouei, Gulf Business reported. The UAE’s su...

ADNOC to Reduce Crude Oil Allocations in July

• Monday, 4th June 2018
• by Editorial Team

Abu Dhabi National Oil Company (ADNOC) will cut crude oil allocations in July as a part of the OPEC agreement to slow production, Reuters reported. The company plans to reduce supplies from the Murban oil field by 10%...