The ministers of OPEC+ countries agreed to extend the agreement until the end of 2022 with the main parameter of the deal - the production baseline - changing for some countries at a meeting on Sunday, a source participating in the talks …
The OPEC+ countries have not yet agreed with the UAE on the parameters and conditions for a deal to soften oil production restrictions, and consultations are still underway, the UAE Ministry of Energy said. "We note recent media …
The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to reports by the Wall Street Journal and Reuters, CNBC reports. …
The United Arab Emirates (UAE) opened its embassy in Israel on Wednesday in the presence of Israeli President Isaac Herzog. UAE ambassador to Israel Mohamed al-Khaja and the Israeli president cut the opening tape during the embassy …
On the night of July 15 five years ago, Turkey was cold-shouldered by its traditional NATO allies, primarily the US, while a rogue part of the Turkish army affiliated with Fetullah Terror Organisation (FETO) attacked the country's key institutions both aerially and by land, even running over protesting civilians with tanks
The coronavirus pandemic hit the global oil industry hard. As countries imposed severe restrictions on domestic and international travel and transportation, the global oil demand drastically declined and oil prices collapsed, …
An explosion inside a container on a ship docked at Dubai's Jebel Ali port late Wednesday caused a large fire and was felt across the city, authorities said. There were no reported deaths or injuries and the fire is under control, …
The United Arab Emirates has overtaken Seychelles to become the world's most vaccinated nation, reveals Bloomberg's Vaccine Tracker. The UAE leads the world, with enough vaccinations to cover 72.1% of its population. …
Oil prices end mixed as OPEC+ struggles to reach deal on production
The meeting of the OPEC+ ministerial monitoring committee and the OPEC+ ministerial meeting will be held on Friday, July 2, the OPEC Secretariat said in a statement. As sources told TASS earlier, the ministers failed to reach an agreement on …
New players are supplanting the traditional power and influence of France and others from northwestern Africa
Russia’s Sputnik V vaccine has demonstrated 97.8% effectiveness against COVID-19, and 100% effectiveness against severe cases of the disease in the United Arab Emirates (UAE), the Russian Direct Investment Fund (RDIF) informed. …
Israel’s new foreign minister Yair Lapid will head to the United Arab Emirates next week for the first known visit by a top Israeli diplomat to the Gulf Arab country, the ministry said Monday. Lapid’s trip comes after …
Sand is the primary substance used in the construction of roads, bridges, high-speed trains and even land projects
Third of Arab world has relations with the Jewish nation but violence shows ties have done nothing to resolve crisis
Russia is seeking to preserve its influence in Libya through a number of innovative approaches
The operational capabilities of Turkish combat drones have made the headlines numerous times recently
UAE’s Masdar inks deal for mega solar power project in Azerbaijan
Uzbekistan and the Abu Dhabi-headquartered energy company Masdar have decided to triple the capacity of the country's largest wind power plant under construction, the Uzbek Ministry of Investment and Foreign Trade said Friday. The …
ADNOC is partnering with the Intercontinental Exchange in listing a physically delivered futures contract for its flagship Murban crude from March 29
