Business - Energy

WAM - Abu Dhabi National Energy Company (TAQA) today announced that its shareholders have confirmed the composition of its new Board of Directors following the Company’s Annual General Assembly. Shareholders also approved the Board of Directors’ recommendation for a final cash dividend of 2.20 fils

Emirates 24/7  — The 32 member nations of the International Energy Agency (IEA) are convening an emergency meeting later today, Tuesday, to address deteriorating conditions in global oil markets. The Paris-based agency confirmed that the high-level session will evaluate current market volatility an

Emirates 24/7  — An European Commission spokesperson announced Monday that EU oil and gas supply coordination groups will meet Thursday. The meeting aims to discuss the Middle East situation following the Iran crisis. The groups are scheduled to monitor the conflict 's impact on the energy sector a

(Emirates 24/7  — Global crude oil prices surged past the $100 mark, nearing $110 per barrel during Monday 's opening trades, following significant production cuts by major Middle Eastern producers amid the ongoing closure of the strategic Strait of Hormuz. International benchmark Brent crude jumpe

QatarEnergy announced on Wednesday that it has declared force majeure to affected buyers following its earlier decision to halt production of liquefied natural gas (LNG) and associated products. In a statement carried by Qatar News Agency (QNA), QatarEnergy said it values its relationships with all

China has built the world’s largest electric vehicle charging network, capable of meeting the charging demand of more than 40 million new energy vehicles, the National Energy Administration (NEA) said on Wednesday. The total number of electric vehicle charging facilities across the country reached

Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the 2026 edition of Abu Dhabi Sustainability Week (ADSW) will kick off 11th to 15th January, larger and more ambitious than ever before. Hosted by Masdar, the event will unite world leaders, investors and innovators t

In his capacity as Chairman of The Executive Council of Dubai, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, issued Executive Council Resolution No. (85) of 2025 regulating petroleum products trading activities i

 President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors at the Habshan complex in Abu Dhabi, a strategic hub for the company’s onshore operations which includes one of the world’s largest gas processing facilities.   The meetin

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received the Honourable Doug Burgum, Secretary of the United States Department of the Interior and Chairman of the National Energy Dominance Council, who is visiting the UAE to attend the Abu Dhabi International Petroleum Exhibition and

The UAE Fuel Price Committee approved the fuel prices for November 2025 as follows: - Diesel: AED2.67 per litre. - Super “98”: AED2.63 per litre. - Special “95”: AED2.51 per litre. - E-Plus “91”: AED2.44 per litre.

 The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, met virtually on 5 October 2025, to review global market conditions and outlook, the international organ