Energy

ADNOC explores US gas deals as rising AI-driven power demand reshapes the global energy landscape, reports say.

XRG is reportedly evaluating 29 gas deals as ADNOC targets LNG expansion and growing demand from US data centres. Dubai: Abu Dhabi National Oil Company’s...

Tensions drive WTI close to $100 and Brent above $111 as Hormuz risks weigh on global energy markets

Geopolitical deadlock in the Strait of Hormuz pushes oil prices toward post-Ukraine conflict highs. Oil prices continued their upward climb in early trading on Wednesday,...

Will oil prices increase or decline in the months following the UAE’s exit from OPEC?

Several analysts expect limited short-term impact, but see greater uncertainty over the long term. Dubai: The UAE’s decision to leave the Organization of the Petroleum...

First LNG tanker passes through Hormuz chokepoint after weeks of disruption: Report

Mubaraz tanker’s transit through Hormuz signals a possible easing in Gulf tensions. New Delhi: The first liquefied natural gas (LNG) shipment since the West Asia...

More ASEAN nations turn to Russian fuel as Hormuz Strait disruptions strain global energy supplies

Southeast Asia turns to Moscow for fuel as Strait of Hormuz disruptions and price spikes shake global energy markets. Manila: Several Association of Southeast Asian...

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