Are Base Oil Prices Rising on Crude up, Supply and Mideast Risk?
Base oil values in the Asian FOB market have moved up again this week, though the tone across…
Murban Crude Jumps to 4-Month High as ADNOC Curbs Supply to Asia
The price of Murban Crude, the flagship grade of the United Arab Emirates, surged to a four-month high…
Venezuela Awards Loran Offshore Gas Field to BP Consortium
Venezuela’s award of an offshore natural gas license to a consortium of BP, XRG, and UCC Oil and…
Abu Dhabi’s XRG enters Venezuela with offshore natural gas licence award
Abu Dhabi’s XRG, Adnoc’s international energy investment unit, has entered Venezuela’s energy sector through an offshore natural gas…
BP Secures Venezuela Offshore Gas License With ADNOC-Backed XRG
BP has signed agreements with the Venezuelan government to advance offshore natural gas development, including an exploration and…
ADNOC Gas awards $8.2 billion in contracts for Rich Gas Development
(WO) — ADNOC Gas has taken final investment decisions (FID) on the next phases of its Rich Gas…
Iran makes new demands for opening Strait of Hormuz
Iran issued new demands Saturday for the Strait of Hormuz to reopen, as the United Arab Emirates said…
ADNOC Buys 11 Supertankers for $1.3 Billion to Expand Export Fleet
ADNOC has bought 11 very large crude and gas carriers for $1.3 billion as the national oil company…
ADNOC Defies Hormuz Risks as UAE LNG Exports Continue
The UAE is still exporting liquefied natural gas, despite the threat of strikes in the Strait of Hormuz.…
Why the UAE Is Taking a Bigger Piece of America’s LNG Crown Jewel
As might be expected in the zero-sum game of global energy, there is much more than meets the…
ADNOC Signs 15-Year LNG Supply Deal With Japan’s Inpex
Abu Dhabi’s national oil company ADNOC on Tuesday signed a 15-year long-term deal to supply gas from the…
UAE’s giant LNG project lines up new deal as Inpex and ADNOC strengthen ties
Inpex Energy Trading Singapore (IETS), a Singapore-based subsidiary of Japan’s largest exploration and production (E&P) player Inpex, has…