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Trump wants to 'take the oil in Iran'

US President Donald Trump has said in an interview with Financial Times that he wanted to take the oil in Iran and could seize the export hub of Kharg Island. Kharg Island handles 90% of Iran s oil exports...

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Adnoc, OMV announce executive leadership for Borouge Group

Adnoc and OMV announced the executive leadership team and Supervisory Board of Borouge Group International a global polyolefins champion to be formed through the combination of their shareholdings in Borouge...

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Adnoc L&S confirms early delivery of LNG carrier ‘Arada’

Adnoc Logistics and Services (Adnoc L&S) confirmed the early delivery of Arada a 175 000 m liquefied natural gas (LNG) carrier constructed by Jiangnan Shipyard in China. Arada is the fifth of six newbuild...

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QatarEnergy declares force majeure on LNG contracts

QatarEnergy declared force majeure on some of its affected long-term LNG supply contracts with counterparties including customers in Italy Belgium South Korea and China reported Reuters. ......

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Missile attack hits Ras Laffan Industrial City in Qatar

QatarEnergy confirmed that Ras Laffan Industrial City was the subject of missile attacks on March 18. Emergency response teams were deployed immediately to contain the resulting fires and extensive damage...

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Decline in O&G prices pushes Oman producer price iindex down 3.3pc

The Producer Price Index (PPI) in Oman recorded a decrease of 3.3 per cent during the fourth quarter of 2025 compared to the corresponding period of 2024 according to data issued by the National Centre...

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GCC countries boost global position in energy sector, says report

The Gulf countries continue to consolidate their position as one of the most influential hubs in global energy markets holding 32.7% of global oil reserves and 21.2% of global natural gas reserves supported...

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Arab Energy Fund delivers record net income of $282.4m

The Arab Energy Fund a leading multilateral impact financial institution achieved its fourth consecutive year of record net income in 2025 supported by sustained balance sheet growth strong funding activity...

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China's growth resilient to global energy shocks: QNB

Qatar National Bank (QNB) said China s economic growth outlook remains broadly resilient despite mounting geopolitical tensions and volatility in global energy markets citing structural factors that mitigate...

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Mubadala Energy secures Southwest Andaman exploration block

Mubadala Energy the Abu Dhabi-headquartered international energy company has announced the award of the Southwest Andaman exploration Production Sharing Contract (PSC) under Indonesia s Gross Split scheme....

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Adnoc L&S shareholders approve $325m dividend payout

Adnoc Logistics & Services (Adnoc L&S) announced that shareholders approved all agenda items at its Annual General Meeting including the company s final dividend of 81.25 million bringing the 2025 full-year...

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Abu Dhabi confirms readiness, efficiency of energy, water ecosystem

Abu Dhabi Department of Energy has confirmed the readiness and efficiency of the emirate s energy and water ecosystem following field visits by its senior officials to several of its vital structures across...

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Abu Dhabi's Shah gas field comes under drone attack

Abu Dhabi authorities and relevant response teams have contained and brought under control a fire that broke out at Shah gas field caused by a drone attack. Operations at the facility have been suspended...

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Oman Energy Ministry launches 2nd “Majd” Local Content Award

Oman s of Energy and Minerals has launched the second edition of the Majd Award for Local Content. This initiative comes within the framework of the Majd programme which aims to enhance local content in...

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TAQA elects new board and chairman

Abu Dhabi National Energy Company (TAQA) one of the largest listed integrated utilities companies in Europe the Middle East and Africa on Friday announced that its shareholders have confirmed the composition...

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Dana Gas board recommends cash dividend of $105m for 2025

Dana Gas one of the Middle East s largest regional private sector natural gas companies has recommended a dividend payment of 5.5 fils ( 1.5) per share for the full year 2025. The proposed dividend of...

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