15 articles
Energy
UAE motorists may see fuel price relief slow after Brent crude jumped above 85 dollars a barrel following reported Iranian strikes on two UAE tankers in the Strait of Hormuz. Whether pump prices keep falling now depends on where oil settles over the coming weeks, not on a single day's spike.
Energy
UAE petrol prices are expected to drop in July, the first cut after four straight monthly rises, as Brent crude falls more than $20 a barrel and Hormuz shipping traffic recovers.
Energy
Clean energy investment has climbed to $2.16 trillion, with solar leading spending and grid infrastructure and battery storage emerging as the next bottlenecks, including growing commitments from the UAE and Saudi Arabia.
Energy
ADNOC Logistics & Services has sharply raised its 2026 profit guidance on shipping strength, the same week global data shows clean energy investment hit a record 2.16 trillion US dollars. Together, the two stories show the UAE energy sector winning on both the fossil fuel and renewable fronts at once.
Energy
ADNOC has secured a project that's never been done at this scale before: the world's largest gas cap development. It's a move that cements the UAE's place as a go-to energy partner for a world increasingly focused on secure, reliable supply.
Energy
Oil is getting cheaper at the source, but the savings are taking a while to reach your petrol station. With the Strait of Hormuz gradually reopening, analysts say UAE consumers could wait four to eight weeks before they feel any real difference at the pump.
Energy
Global oil prices fell sharply on June 15, 2026, as news of progress in US-Iran talks raised hopes that the Strait of Hormuz could reopen fully. Both WTI and Brent crude dropped more than three percent, easing months of supply worries for energy markets.
Energy
Global oil prices jumped more than 4% on June 1, 2026, as fresh geopolitical tensions in the Middle East reignited fears over supply disruptions through the Strait of Hormuz. The rally has brought $100-per-barrel oil back into serious market conversation.
Energy
Brent crude fell more than 4.5% to $98.83 a barrel in early Monday trading as peace hopes in the Middle East triggered a wave of profit-taking. UAE's Murban crude held above $102, signalling that not all Gulf supply is equal right now.
Energy
Citroen is bringing back the legendary 2CV as a fully electric, sub-EUR 15,000 people's car. The classic French icon is set to debut at the Paris Motor Show in October, with production planned in Europe within two years.
Energy
A drone struck an electrical generator outside the Barakah Nuclear Power Plant in Abu Dhabi's Al Dhafra region, causing a contained fire with no casualties and no radiation release. The UAE has called an emergency UN Security Council session and demanded international condemnation, warning that attacks on peaceful nuclear infrastructure cross a fundamental red line.
Energy
WTI and Brent crude both rose above key thresholds on Friday, May 15, 2026, as OPEC+ supply discipline and geopolitical risks lifted sentiment, even as Urals and Western Canadian Select declined sharply. Here's the full picture.
Energy
Abu Dhabi Department of Energy (DoE) announces Dh160 billion in investments for clean energy and water systems. Learn about the UAE's path to Net Zero 2050.
Energy
EU launches emergency energy overhaul after Middle East crisis adds €24bn to import bill. Focus on green energy independence and security.
Energy
In a landmark move for the global energy transition, Masdar and TotalEnergies have signed a $2.2 billion agreement to create a massive joint venture platform to fuel Asian growth.