Browsing Tag
United Arab Emirates
108 posts
ADNOC Gas commits $13.2bn to Rich Gas Development as 60% EBITDA target meets Hormuz risk
ADNOC Gas has approved the final two phases of its $13.2 billion Rich Gas Development programme, including new processing capacity at Habshan and NGL fractionation at Ruwais. The expansion lifts its 2030 EBITDA growth target to 60%, but a 52% quarterly profit decline has exposed how strongly export economics can still be disrupted by the Strait of Hormuz.
Boeing exits air taxi race, hands Wisk, Insitu and SkyGrid to Archer Aviation
Archer Aviation gains Insitu's $200M defence business and Wisk autonomy overnight, but Boeing's near 20% stake and HSR review will shape any lasting payoff.
ADNOC Logistics & Services spends $1.3bn on 11 ships as Hormuz risk raises fleet-control stakes
ADNOC Logistics & Services is adding six crude tankers and five gas carriers in a $1.3 billion fleet expansion designed to support higher ADNOC export volumes. Rapid secondary-market deliveries strengthen near-term earnings capacity, but the investment arrives as Strait of Hormuz disruption exposes the operational risks attached to owning more shipping assets in the Gulf.
UAE says Iranian missile hit ADNOC-linked vessel as Strait of Hormuz deal hangs in balance
The United Arab Emirates says an Iranian missile targeted an Abu Dhabi National Oil Company-linked vessel in the Strait of Hormuz on August 8, even as Iran and Oman move closer to a shipping agreement that Washington hopes could reopen the world’s most important oil chokepoint.
Urban Company (NSE: URBANCO) jumps 13% as InstaHelp losses test rally
Urban Company jumped 13% despite a â‚ą92 crore loss. The real test is whether InstaHelp can scale without consuming its profitable core.
Can DNA predict who responds to Teverelix? A new UAE endometriosis trial aims to find out
UAE clears Medicus Pharma’s Teverelix Phase 2a trial, pairing controlled estradiol suppression with genomic profiling in endometriosis.
Umm Shaif Gas Cap project: Why ADNOC’s $6.2bn offshore gas development matters in 2026
ADNOC has approved a $6.2 billion final investment decision for the Umm Shaif Gas Cap project, aiming to unlock more than 600 million standard cubic feet per day of gas and associated liquids from one of Abu Dhabi’s most established offshore fields by 2030.
Saudi nuclear deal explained: Why uranium enrichment is alarming Washington
Washington is fighting Iran over enrichment while opening that pathway to Saudi Arabia. The nuclear deal now tests US non-proliferation credibility.
Traders warn oil stockpiles close to empty as Hormuz re-closes in July 2026
Iran's re-closure of the Strait of Hormuz on 12-13 July returns crude markets to the supply gap as IEA emergency stockpile buffers approach empty.
Why Iran’s latest Strait of Hormuz warning could revive global inflation pressures
Iran says Hormuz is closed, while Washington says ships can pass. The confrontation threatens global oil supplies, diplomacy and inflation across Asia.