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Attacks disrupt East-West pipeline, cut oil output, says Saudi Arabia

Attacks on Saudi energy facilities have cut the kingdom s oil production capacity by around 600 000 barrels per day and throughput on its East-West Pipeline by about 700 000 bpd Saudi Press Agency reported...

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Mubadala assets under management up 17% to $385bn

Mubadala Investment Company an Abu Dhabi based sovereign investor today reported strong financial performance in its 2025 annual results with its assets under management growing 17 percent to AED1.4 trillion...

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Borouge shareholders approve $1.32bn dividend for FY 2025

Borouge an Abu Dhabi-based petrochemicals company has confirmed shareholder approval at its 7th April General Assembly Meeting of a final 2025 dividend of 1.32 billion reflecting the company s strong operational...

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Energy, Culture Ministers inaugurate Black Gold Museum in Riyadh

Saudi Minister of Energy and Chairman of King Abdullah Petroleum Studies and Research Centre (KAPSARC) Board of Trustees Prince Abdulaziz bin Salman bin Abdulaziz alongside Minister of Culture Prince Bader...

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Adnoc Gas approves record $3.6bn dividends for FY2025

Adnoc Gas and its subsidiaries today (April 6) confirmed shareholder approval of all agenda items at its Annual General Meeting including a record 3.584 billion dividend for 2025 with a final dividend...

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Frie at Shuwaikh oil sector complex due to drone assault: KPC

The Kuwait Petroleum Corporation (KPC) announced that in the early hours of Sunday April 5 2026 the oil sector complex located in Shuwaikh - housing both KPC and the Ministry of Oil-was targeted by unmanned...

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UAE global projects, investments pave way for clean energy future

The UAE is accelerating its position as a global hub for clean energy investment through a series of projects announced and launched in 2026 by its leading national firms. These projects underscore the...

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One dead, several injured in Iranian drone attack on Abu Dhabi gas facility

Abu Dhabi authorities have announced that one person was killed and four others were wounded in an Iranian drone strike at Habshan gas facilities yesterday (April 3) reported Wam. The deceased has been...

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Easing of Hormuz disruptions key for GCC downstream sector: S&P

The Middle East war s effect on rated chemical players in the Middle East will depend largely on its duration and how long the Strait of Hormuz remains disrupted S&P Global Ratings said in a report published...

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Oman's Nama signs new power purchase deals for 3,500MW projects

Oman s Nama Power and Water Procurement Company (PWP) has signed new power purchase agreements with three independent power producers - Phoenix Al Batinah and Al Suwadi Power - for gas-fired power projects...

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Oman hosts workshop on naturally occurring radioactive material waste facility project

Oman s Ministry of Energy and Minerals in cooperation with Oman Environmental Services Holding Company be ah organised a workshop regarding the National Facility Project for the management of naturally...

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Dragon Oil announces new oil discovery in Gulf of Suez

Dragon Oil a company fully owned by Emirates National Oil Company (ENOC) in collaboration with the Gulf of Suez Petroleum Company (GUPCO) and the Egyptian General Petroleum Corporation (EGPC) has announced...

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GPIC confirms number of its operational units were hit by Iranian drones

Gulf Petrochemical Industries Company (GPIC) confirms that a number of its operational units were subject to an attack by Iranian drones in the early hours of Sunday ( April 5) morning. The attack triggered...

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Two power plants hit by drones in Kuwait

The Kuwait Ministry of Electricity Water and Renewable Energy announced that two power and water desalination plants were targeted by an Iranian drone attack early on Sunday morning (April 5). The attack...

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Bapco Energies confirms tank fire after drone attack

Bapco Energies confirms an incident occurred at one of its storage facilities earlier today (April 5) resulting in a tank fire as a result of a hostile Iranian drone attack. The fire has been fully extinguished...

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Adnoc receives 14 awards at Oil & Gas Middle East Awards

Adnoc has received 14 awards at the Oil & Gas Middle East Awards 2026 in Dubai underscoring the reliability resilience and excellence of its people and operations. The company s performance at the awards...

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