(WAM) — The price of OPEC basket of thirteen crudes stood at US$45.21 a barrel on Tuesday, 11th August, compared with $45.01 the previous day, according...
(WAM) — The price of OPEC basket of thirteen crudes stood at $44.87 a barrel on Friday, 7th August, compared with $45.17 the previous day, according...
(WAM) — Japan’s imports of crude oil from the UAE reached to 20.13 million barrels in June, according to data from Agency for Natural Resources and...
Continuing its efforts to instill a culture of sustainability in and out of its service stations, Oman Oil Marketing Company (OOMCO) signed an agreement with Oman...
(Bloomberg) — A United Arab Emirates-based energy trader is seeking to restructure its finances after the coronavirus pandemic sent oil prices tumbling and lenders withheld credit lines....
The Sultanate’s total oil reserves stood at around 4,843 million barrels at the end of 2019, approximately 52 million barrels higher compared to the end of...
CC Energy Development (CCED) have marked their 100 millionth barrel milestone as they continue with their strategic, long-term operations in the Sultanate. Adopting a ‘think global,...
(WAM) — ADNOC Distribution has announced the launch of a new range of lubricants that offer greater fuel efficiency for hybrid vehicles. The new range of...
(Bloomberg) — Oil edged higher after a report pointed to a drop in U.S. crude stockpiles and on signs that additional supply from OPEC+ next month won’t...
(Bloomberg) — For decades, Mukesh Ambani’s empire has been supported by the energy flank he inherited from his father. But when Ambani faces shareholders at Reliance Industries...
