Energy

Oil prices have surged sharply as traders weigh ongoing supply disruptions, pushing benchmark crude contracts further above the $100-per-barrel level.

Global fuel inventories are tightening as tensions in the Middle East persist. Oil prices surged sharply on Monday (May 18) as traders weighed ongoing supply...

The UAE’s new West–East pipeline is set to double ADNOC’s export capacity through Fujairah.

The project is scheduled to become operational in 2027. The UAE is set to accelerate the delivery of the new West–East Pipeline project, which will...

TAQA increased its spending despite reporting lower revenue in the first quarter.

The utility giant has increased its infrastructure investment by 45% despite reporting lower revenue. TAQA reported a net profit of Dh2.1 billion for the first...

Energy markets traded mostly higher on Friday, led by gains in crude oil prices.

Uneven crude oil pricing contrasted with overall strength across global energy markets. Energy prices were broadly higher in afternoon trading on Friday (May 15, 2026),...

Masdar and RWE have received planning permission for the 3GW Dogger Bank South offshore wind farm projects.

Offshore wind farms off the northeast coast of England are expected to bring jobs and economic growth to the Yorkshire and Humber region. Masdar and...

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