UAE | Egypt Oil & Gas - Part 32
UAE’s Fuel Prices to Increase in August
The UAE’s Ministry of Energy announced that fuel prices will rise in August.
Kuwait Promises to Reduce Oil Production, Following UAE
Kuwait is promising to decrease its oil production in response to Saudi Arabia’s call for fellow members of the Organization of the Petroleum Exporting Countries (OPEC) to cut more supply in order to aid in restraini ...
UAE Promises More Oil Production Cuts Starting September
The United Arab Emirates (UAE) renewed its commitment to the Organization of Petroleum Exporting Countries (OPEC) agreement on limiting production and said it would boost its own curbs.
UAE Replaces Qatar Condensate with US Oil Cargo
Abu Dhabi National Oil Company (ADNOC) purchased an American Eagle Ford condensate cargo in a tender for September arrival.
Qatar Continues Gas Supply to UAE
Qatar will not cut off gas to the United Arab Emirates despite diplomatic dispute.
Dana Gas to Restructure Sukuk
Dana Gas Company has proposed a restructuring to holders of its $700m of Sukuk.
Oil Jumps as Arab Countries Cut Ties with Qatar
Oil jumps 1.5% as Egypt, Saudi Arabia, Bahrain and the United Arab Emirates effectively create a land and air blockade of Qatar.
UAE’s Enoc Pays Iran $4b in Oil Dues
Iran has said it had received more than $4b from Emirates National Oil Company (Enoc), as part of the UAE retailer's settlement of its debts.
