Kuwait Promises to Reduce Oil Production, Following UAE

• Thursday, 27th July 2017
• by Editorial Team

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

• Wednesday, 26th July 2017
• by Editorial Team

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

• Wednesday, 26th July 2017
• by Editorial Team

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

• Wednesday, 21st June 2017
• by Sarah Samir

Qatar will not cut off gas to the United Arab Emirates despite diplomatic dispute.

Dana Gas to Restructure Sukuk

• Tuesday, 20th June 2017
• by Sarah Samir

Dana Gas Company has proposed a restructuring to holders of its $700m of Sukuk.

Oil Jumps as Arab Countries Cut Ties with Qatar

• Monday, 5th June 2017
• by Dr. Mahinaz El-Baz

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

• Tuesday, 30th May 2017
• by Editorial Team

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.

Proserv Wins $11m Worth Contracts in the Middle East

• Tuesday, 30th May 2017
• by Editorial Team

Energy services company Proserv has been awarded contracts worth a combined value of more than $11m in the Middle East.

GulfNav Allied with Mena Energy for Management of Oil Tankers

• Wednesday, 17th May 2017
• by Sarah Samir

Dubai-based GulfNav has entered into a strategic alliance with compatriot energy trading firm Mena Energy.

Adnoc to Decrease Oil Sales by 10% in June

• Thursday, 4th May 2017
• by

In line with the UAE's plan to follow OPEC’s agreement to reduce production, the state-owned Abu Dhabi National Oil Co. (Adnoc) s is cutting back supplies to customers in June.