UAE Left OPEC to Boost Oil Production as ‘End of Oil Era’ Nears
The UAE's departure from OPEC, which took effect on May 1, was planned over three years and is based on the belief that the...
UAE Pipeline Bypassing Strait of Hormuz Hits 50% Completion
The UAE’s new crude oil pipeline designed to bypass the vulnerable Strait of Hormuz is already 50% complete, according to ADNOC CEO Sultan Al...
Russia’s Fuel Supply Hit Hard: Drone Attacks Cripple Key Oil Refineries
A series of Ukrainian drone attacks has compelled nearly all major oil refineries in central Russia to shut down or reduce operations. The affected...
US Blockade Chokes Iran Oil Exports as Crude Piles Up at Sea
A United States naval blockade of Iranian ports is sharply reducing Tehran’s oil exports, forcing unsold crude onto tankers as storage facilities fill up....
Syria Turns to Russian Oil Despite Westward Shift
Despite efforts to rebuild ties with Western nations, Syria remains heavily dependent on Russia for its oil supply. Since the fall of Bashar al...
Singapore invites bids for next‑gen hydrogen‑ready gas power plants
Singapore's Energy Market Authority has invited private sector proposals to construct hydrogen-ready combined cycle gas turbine (CCGT) units, which are expected to be operational...
Which oil tankers are transiting the Strait of Hormuz amid the Iran war
The U. S. has a blockade on Iranian ports, while Iran has lifted and then reimposed its blockade on marine traffic in the Strait...
Nearly 100 Russian ‘shadow fleet’ ships cross UK waters undeterred by Starmer’s threat
Prime Minister Keir Starmer's recent decision to allow the British military to board ships from Russia's "shadow fleet" has not changed the volume of...
UAE Breaks from OPEC and OPEC+ in Major Policy Shift
The United Arab Emirates announced on Tuesday that it is leaving OPEC and OPEC+, which poses a significant challenge for these oil-exporting groups and...
Venezuela revives idle oil rigs as contract overhaul unlocks stored assets
Oilfield service companies that stored rigs and specialized equipment in Venezuela are starting to assemble and repair them as the government reviews oil and...