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UAE

UAE
Crude Oil News

UAE steps up oil security as markets shrug off Iran-Israel escalation fears

April 23, 2024 Mariel Alumit

Abu Dhabi has stepped up its security around oil and shipping in the UAE following Israel’s retaliatory strike on Iran, according to industry sources. One source with knowledge of the matter told S&P Global Commodity […]

UAE
Crude Oil News

Oil Surges Over $90 as UAE Cuts Diplomatic Ties with Israel

April 5, 2024 Mariel Alumit

At this point Israel’s ties with key Gulf countries like the UAE are near breaking point, after only a few short years ago diplomatic normalization was hailed through Trump’s Abraham accords. But international and Israeli […]

nuclear energy
International News

UAE signals interest in European nuclear energy investments

March 30, 2024 Mariel Alumit

  The United Arab Emirates has approached European nations including Britain to gauge their interest in the Middle Eastern state investing in their nuclear power infrastructure, according to three sources familiar with the talks. As […]

Downstream

Daily Energy Standup Episode #322 – US Gasoline Reserve Sale and China’s Oil Access Blocked

March 5, 2024 Andy Del Prado

Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding […]

OPEC+
Crude Oil News

Several OPEC+ countries extend output cuts through Q2, as Russia announces new reductions

March 4, 2024 Mariel Alumit

OPEC and its allies will maintain their tight grip on oil supply, with several members on March 3 announcing extensions of their voluntary production cuts that had been scheduled to expire at the end of […]

SRG Mining
Rare Earth Minerals

SRG Mining’s move to UAE would avoid national security review on Chinese investment in Canada

February 27, 2024 Stu Turley

  SRG Mining (TSXV:SRG) said on Monday it is redomiciling to the Abu Dhabi Global Market in the United Arab Emirates (UAE). The redomiciliation, SRG said, will provide the company with expanded “strategic optionality” as […]

India and UAE
Finance

India and UAE ink deals on digital payments and infrastructure

February 14, 2024 Mariel Alumit

  During his two-day visit to the country, Modi will also unveil Abu Dhabi’s first Hindu temple, built at a cost of $84 million India and the United Arab Emirates (UAE) have signed several agreements […]

China
Energy Crisis

Why’d China Agree To Such A Fiercely Anti-Iranian Joint Statement With The GCC?

December 14, 2023 Stu Turley

ENB Pub Note: An interesting view on the Middle East drama unfolding. Andrew Korybko has a substack that I recommend reading and supporting. While I do not agree with all of his articles or summaries, […]

Energy
Big Oil Companies

COP28’s Historic Deal Cements a Role for Big Oil’s Priorities

December 14, 2023 Stu Turley

Need for transitional fuels, CO2 capture cited in final text Big Oil has long promoted natural gas as bridge to renewables The historic COP28 deal, which committed the world to the transition away from fossil fuels, […]

Energy
Climate Crisis

USA Energy Groups Respond to COP28 Outcome

December 14, 2023 Mariel Alumit

Several U.S. energy groups have responded to the outcome of the COP28 climate summit, which wrapped up earlier this week. The COP28 website highlighted that the summit concluded “with a historic agreement by 198 Parties […]

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