Tag: Oil and Gas
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Abu Dhabi approves $6.2 billion gas project to boost UAE supply
Abu Dhabi’s National Oil Company will invest $6.2 billion to develop the Umm Shaif Gas Cap to expand natural gas production and liquefied natural gas exports.
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Inflation fears are back in the spotlight as the Middle East conflict keeps oil prices elevated, analysts say
Inflation fears are back in focus amid worries over escalating tensions between the U.S. and Iran in the Middle East conflict which has kept oil prices elevated
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Ships shun Strait of Hormuz as renewed fighting strains key oil corridor
Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump’s blockade took effect last week.
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Brent breaks past $90 as U.S.-Iran conflict rages on
American forces have started ninth consecutive night of strikes against Iranian targets.
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U.S. says it targeted Iranian forces after attacks that killed two American service members
Centcom says it hit Iran’s coastal surveillance and air defense facilities a day after two U.S. troops were killed in an Iranian strike on Jordan.
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U.S. military says it has completed the latest round of strikes against Iran, amid more disruptions to shipping
U.S. Central Command says it continues to enforce a naval blockade against Iran, while Kuwait and Bahrain say they have intercepted more Iranian projectiles.
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BP, ConocoPhillips to back Iraq with major investments as U.S. seeks to weaken Iran’s energy hold
BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.
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Oil rises as Iran threatens retaliation if Trump targets country’s critical infrastructure
Oil prices rose Friday as investors weighed escalating threats between the United States and Iran.
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Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank’s interest rate decision next week.
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Inside India newsletter: Modi is exporting India’s workforce to a world turning against immigration
With its vast working-age population, India is signing labor mobility deals with several of its trading partners even as sentiment turns against immigration.
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