UAE
News
April 30, 2026
OPEC+ is expected to approve a modest production increase despite the UAE’s exit and ongoing disruption to oil flows through the Strait of Hormuz.
News
April 29, 2026
A “seismic” shift for oil markets? Analysts say the UAE’s departure could reshape OPEC+ influence for years, despite ongoing supply disruptions keeping prices elevated.
News
April 28, 2026
The UAE is set to exit OPEC after six decades, signaling a major shift in global oil markets as supply disruptions from the Iran war intensify.
News
April 27, 2026
ADNOC Logistics & Services has taken delivery of its sixth LNG carrier, expanding its fleet capacity to support global gas supply and long-term shipping contracts.
News
March 27, 2026
The UAE is increasing crude exports from Fujairah as operators restore loading capacity following Iranian drone strikes, using the port as a key route to bypass the Strait of Hormuz and sustain global oil flows.
News
March 16, 2026
A drone strike sparked a fire at the Shah natural gas field in the United Arab Emirates, a sour gas development operated by ADNOC and Occidental Petroleum, highlighting growing risks to Middle East energy infrastructure.
News
March 09, 2026
Borr Drilling said it has down-manned three jackup rigs in Qatar and the UAE following escalating hostilities in the Arabian Gulf, while another rig was shut down after an incident on a customer-operated platform.
News
March 03, 2026
Drone debris triggered a major fire at the Fujairah oil storage and export hub in the UAE, disrupting terminal operations and highlighting risks to Gulf crude flows outside the Strait of Hormuz.
News
February 09, 2026
ADNOC Gas reported record 2025 net income of $5.2-billion as domestic gas demand and infrastructure expansion support long-term growth. The company is advancing major UAE gas processing and pipeline projects, with new development FIDs expected in 2026.
News
January 23, 2026
Abu Dhabi School of Management and Saal.ai have formed a strategic partnership to integrate AI-driven decision intelligence into leadership and executive education programs.
News
January 22, 2026
McDermott has been awarded a major EPCI contract by ADNOC for the Nasr-115 Expansion Project offshore the UAE, supporting increased Al Nasr field production capacity to 115,000 bpd by 2027.
News
January 15, 2026
The UAE's ADNOC is evaluating a potential investment in Venezuela’s natural gas sector via its international investment arm XRG, contingent on clear legal and financial frameworks and potential coordination with the U.S. administration.
News
January 13, 2026
Speaking at Abu Dhabi Sustainability Week 2026, UAE Energy Minister Sultan Al Jaber said surging AI and data-center demand will drive long-term growth in power consumption, with oil and gas continuing to supply most global energy needs alongside expanding renewables.
News
January 07, 2026
ADNOC has taken final investment decision for the SARB Deep Gas Development in the Ghasha concession, aiming at 200 MMscf/d via Das Island tie-backs and remote platform operations later this decade.
News
December 18, 2025
Abu Dhabi National Oil Co. has secured $11 billion in financing tied to future production from its Hail and Ghasha offshore gas projects, reinforcing the UAE’s push to expand gas output and achieve self-sufficiency by the end of the decade.
News
November 26, 2025
ADNOC Gas has signed a landmark 20-year, up to $4.2 billion natural gas supply agreement with EMSTEEL, securing long-term feedstock for one of the UAE’s largest industrial producers and reinforcing the company’s role in powering the nation’s manufacturing and economic growth.
News
November 24, 2025
Abu Dhabi’s ADNOC will maintain its $150 billion spending plan over the next five years as the company ramps up oil and gas capacity and accelerates global expansion through its fast-growing XRG investment arm.
News
November 18, 2025
ExxonMobil, Chevron, ADNOC and Carlyle are evaluating parts of Lukoil’s international portfolio as U.S. sanctions set to take effect in December accelerate the Russian producer’s efforts to divest global assets, including stakes in Iraq’s West Qurna 2 field and operations in Uzbekistan.
News
November 14, 2025
ADNOC Gas reported the strongest third-quarter results in its history, delivering $1.34 billion in net income—an 8% year-over-year increase—driven by robust domestic gas demand and improved commercial terms. Year-to-date profit reached $3.99 billion, up 10% from 2024, despite lower average oil prices.
News
November 05, 2025
The UAE, long one of OPEC’s key oil producers, is pivoting to U.S.-tested fracing techniques to tap its “very promising” unconventional gas resources, with the intention of ramping up output amid forecasts for surging demand.
News
November 03, 2025
ExxonMobil CEO Darren Woods said Abu Dhabi’s Upper Zakum offshore field may reach its 1.5 MMbpd expansion target ahead of 2030, boosting UAE output.
