UAE | Egypt Oil & Gas

ENOC Seeks to Expand Emirati Oil and Gas Investments in Egypt

Karim Badawi, Minister of Petroleum and Mineral Resources, met with a delegation from the state-owned Emirates National Oil Company (ENOC), headed by its CEO, Hussain Sultan Lootah and Abdulkarim Almaazmi‏, CEO of ...

ADNOC Eyes Canada Upstream and LNG for Global Growth

Abu Dhabi National Oil Company (ADNOC) is exploring potential investments in Canada’s upstream and liquefied natural gas (LNG) sectors through its international investment arm, XRG, a senior executive revealed dur ...

ADNOC Launches Spot Tender for Up to 2 mmbbl of UAE Crude

Abu Dhabi National Oil Company (ADNOC), UAE' state-owned oil and gas producer, has issued a spot tender to market up to 2 million barrels (mmbbl) of crude oil from the UAE. The offering includes cargoes of Upper Z ...

ADNOC Drilling to Boost UAE’s Oil Production Capacity

The Abu Dhabi-listed ADNOC Drilling Company is ready to boost the United Arab Emirates’ (UAE) oil production capacity beyond the planned 5 million barrels per day (b/d) by 2027, should official approval be granted ...

ADNOC Drilling Reports Record Q1 2026 Net Profit

ADNOC Drilling, the UAE’s Oilfield drilling services company, recorded its strongest-ever first-quarter (Q1) performance for the period ended March 31, 2026, reporting a net profit of $347 million, a 2% year-on-ye ...

ADNOC Utilizes Dark Shipping Tactics to Bypass Hormuz Blockade

The Abu Dhabi National Oil Co. (ADNOC) exported at least 6 million barrels (mmbbl) of crude oil through the Strait of Hormuz in April, using dark shipping tactics to evade Iranian attacks, according to Reuters.  T ...

UAE Exits OAPEC After Leaving OPEC and OPEC+

The UAE has announced its departure from the Organization of Arab Petroleum Exporting Countries (OAPEC), Reuters reported, citing a statement from the intergovernmental alliance released on Sunday. OAPEC, founded ...

Goldman Sachs: UAE Exit from OPEC Signals Medium-Term Upside Supply Risk

The United Arab Emirates’ (UAE) decision to exit OPEC and the wider OPEC+ alliance poses a significant upside risk to global oil supply over the medium term, Goldman Sachs, a leading global investment banking firm ...

ADNOC LNG Tanker Makes First Hormuz Crossing Since Conflict

A liquefied natural gas (LNG) tanker managed by the UAE’s ADNOC Logistics & Services has crossed the Strait of Hormuz and is now positioned off India’s west coast, according to Reuters. If verified, this would ...

Fujairah Refined Product Stocks Fall to Nine-Year Low

Refined oil product inventories in Fujairah, the United Arab Emirates (UAE), dropped below 10 million barrels (mmbbl) on April 15, marking their lowest level in at least nine years, according to the latest data re ...

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