UAE, Algeria Committed to OPEC+ Deal
The United Arab Emirates (UAE) has reaffirmed its commitment to the Organization of Petroleum Countries and its allies (OPEC+) output deal despite rising domestic needs.
UAE | Egypt Oil & Gas - Part 12
ADNOC L&S Signs Agreement to Service Petroleum Ports
ADNOC Logistics and Services (ADNOC L&S), a shipping and maritime subsidiary of the Abu Dhabi National Oil Company (ADNOC), has signed a 25-year agreement to provide critical marine services across all petroleum p ...
ADNOC Distribution Opens 3 New Service Stations
ADNOC Distribution, the UAE’s leading fuel and convenience retailer, has opened three new service stations in Dubai at Jafaliya, Nad Al Sheba, and Studio City.
Global Oil Supply Rises to 90 mmbbl/d After Termination of Voluntary Cuts
The International Energy Agency's (IEA) monthly report has found that global oil supply has increased by 2.5 million barrels of oil per day (mmbbl/d) to 90 mmbbl/d after the cessation of voluntary cuts by Saudi Ar ...
ADNOC Completes $1 B Institutional Placement for Distribution Business
Abu Dhabi National Oil Company (ADNOC) has announced the successful completion of a placement to institutional investors of 1.25 billion shares in ADNOC Distribution amounting to 10% of ADNOC Distribution’s total ...
Novatek Ships First LNG Cargo to UAE
Novatek, Russia’s largest independent oil and gas producer, has confirmed the arrival of the company’s first liquified natural gas (LNG) cargo to the United Arab Emirates (UAE).
Weir Signs Strategic Contract in UAE
Weir Oil & Gas Dubai has signed a three-year agreement for servicing and repairing pumps and motors with a United Arab Emirates (UAE) company.
Brooge Energy Subsidiary Contemplating New Senior Secured Bond Issue
Brooge Energy Limited, a midstream oil storage and Service provider in the United Arab Emirates (UAE), has announced its intention to invest up to $325 million in the Nordic bond market.
Hamriyah Free Zone Signs Agreement to Launch Multi-functional Facility
The Director of Hamriyah Free Zone, Saud Salim Al Mazrouei, inked an agreement with Orient Source Hong Kong Group, International Commodity Trader and Project Investor to inaugurate the multi-functional offshore an ...
Egypt Gas Receives Three HSEQ ISO Certificates in UAE
Egypt Gas’s United Arab Emirates (UAE) branch has received three ISO certificates on health, safety, environment, and quality (HSEQ).
