Saudi Arabia and the United Arab Emirates (UAE) have increased crude oil exports as shipments through the Strait of Hormuz recover, with both countries seeking to regain market share lost during the Iran war, accordin...
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...
Rome-based utility owner Enel SpA is targeting renewables projects in Saudi Arabia and the United Arab Emirates (UAE) as oil-rich Gulf countries take advantage of the falling cost of solar power to diversify their ene...
Abu Dhabi’s oil leadership has a short list of contenders for the remaining stake in its flagship onshore oil concession after BP acquired a 10% stake. Top contenders are Chinese state-controlled energy companies, inc...
India imported about 552,200b/d of oil from Iran during September, a 4% drop from August volumes, when the country’s Iranian imports reached a 15-year high, reported Reuters. The majority of Iranian oil went to ...
India is turning to Iran for 6m barrels of crude oil as it seeks to build up its strategic reserves, after talks with United Arab Emirates (UAE) stalled, Oil Price reported. State firm Bharat Petroleum Corp will buy 4...