From the field

Occidental takes Abu Dhabi’s Block 5

Abu Dhabi has awarded exploration rights for onshore Block 5 to US independent Occidental, ADNOC announced on Wednesday Read More

3 years ago

Oil under pressure from pandemic spikes

Oil prices fell slightly Tuesday morning in Asia, following the lead of US markets overnight Read More

3 years ago

Energy Development Oman holding launched

Energy Development Oman, a new holding that will spur energy investment and incorporate oil giant Petroleum Development Oman, has been… Read More

3 years ago

Oil down on uptick in Covid-19 cases

Oil was down on Monday morning in Asia, with an ever-increasing surge in Covid-19 cases globally prompting fuel demand worries… Read More

3 years ago

Oil up over OPEC+’s “ultimate compromise”

Oil was up on Friday morning in Asia, looking set for a fifth week of gains, after major oil producers reached a… Read More

3 years ago

Oil up despite OPEC production cut squabble

Oil was up on Thursday morning in Asia, even as oil producers including Russia and Saudi Arabia remained deadlocked over… Read More

3 years ago

Oil recovers from US supply build and OPEC+ uncertainty

Oil recovered in morning trading after falling Wednesday morning in Asia, continuing a downward trend after a surprise build in… Read More

3 years ago

OPEC puts Angola at the helm in 2021

Angola will take on the rotating presidency of OPEC in 2021 following a decision made during a virtual meeting of… Read More

3 years ago

Oil uncertain as market awaits OPEC+ move

Oil was recovered on Tuesday after an overnight fall in Asia, with investors unclear as to whether the world’s major… Read More

3 years ago

ADNOC awards BGP $519-mln seismic deal

Abu Dhabi's ADNOC has awarded a 3D-seismic contract expansion worth USD 519 million to BGP, a subsidiary of China National… Read More

3 years ago

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