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Arabian Post Staff -Dubai Abu Dhabi National Oil Company (ADNOC) has approved the Ruwais Diyab unconventional gas development, committing to a project designed to produce 345 million standard cubic feet of raw gas daily from 2029. The final investment decision, announced on Monday at the ADIPEC energy conference in Abu Dhabi, clears the way for the company’s first large-scale unconventional gas development. ADNOC expects production to continue […]

Arabian Post Staff -Dubai OpenAI chief executive Sam Altman has described the UAE as the world’s most forward-looking country for artificial intelligence adoption, as his company agreed to deploy advanced AI technology across ADNOC’s energy operations. Speaking at ADIPEC 2026 in Abu Dhabi on Monday, Altman praised the country’s commitment to integrating AI into government and business. His remarks accompanied a multiyear agreement between OpenAI, Abu Dhabi […]

Arabian Post Staff -Dubai Abu Dhabi’s ADNOC has agreed with OpenAI and technology group G42 to deploy advanced artificial intelligence across its energy business, becoming the first company in the sector to adopt OpenAI’s Frontier platform. The multi-year partnership was announced on Monday at the ADIPEC energy conference as OpenAI chief executive Sam Altman visited Abu Dhabi and met Crown Prince Sheikh Khaled bin Mohamed bin Zayed […]

Arabian Post Staff -Dubai Abu Dhabi renewable energy company Masdar has raised $600 million through its first blue bond, an AA-rated transaction described as the highest-rated publicly issued corporate blue bond worldwide. The five-year securities, rated AA- by S&P Global Ratings and Fitch Ratings, were issued under Masdar’s $6 billion global medium-term note programme. Proceeds will finance or refinance eligible marine renewable energy projects under the company’s […]

Abu Dhabi renewable energy company Masdar has priced its $600 million five-year blue bond at 115 basis points above the comparable US Treasury benchmark, narrowing the spread from initial guidance of around 130 basis points. The 15-basis-point tightening establishes the final borrowing margin on the dollar-denominated offering, which is structured as senior unsecured debt and is scheduled to mature on 29 October 2031. The securities carry a […]

Arabian Post Staff -Dubai ADNOC has agreed to supply Thailand’s Gulf Group with approximately two million tonnes of liquefied natural gas under a multi-year contract, with deliveries scheduled to begin in 2027. The Sales and Purchase Agreement expands a commercial relationship established through the companies’ first LNG supply deal in 2025 and gives ADNOC Trading a larger direct role in supplying the Asian market. Neither company disclosed […]

Arabian Post Staff -Dubai UAE-based technology company AIQ has signed an agreement to enter India’s oil and gas sector, extending its international expansion with a deployment covering an unnamed conglomerate’s refineries, fuel stations and digital stores. Chief Executive Officer Dennis Jol disclosed the agreement at a media briefing on Wednesday but declined to identify the customer or give financial terms. The contract marks AIQ’s entry into one […]

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Arabian Post Staff -Dubai Abu Dhabi sovereign investor L’Imad Holding is positioning AD Ports Group for tighter state control as the emirate strengthens trade routes outside the Strait of Hormuz, with its takeover of the ports operator moving towards settlement after attracting acceptances that will lift its holding above 98.5 per cent. The transaction, conducted through L’Imad’s wholly owned subsidiary ADQ, values AD Ports at Dh31.8 billion. […]

Arabian Post Staff -Dubai UAE President Sheikh Mohamed bin Zayed Al Nahyan has called for stronger private-sector cooperation with Germany after attending a major business forum in Munich where companies from the two countries signed 30 agreements and commercial partnerships worth about €9.66 billion. Sheikh Mohamed told executives and investors at the Germany-UAE Business Forum on Friday that businesses would play a vital role in advancing the […]

By Prosenjit Biswas, Head of Marketing at Masdar EOR How can a foreign company hire employees in the UAE without setting up its own local entity? This is a common situation for international companies entering the UAE. You may want to hire one employee, build a small team, mobilise people for a project, or simply test the UAE market before committing to establishing your own company. The […]

Arabian Post Staff -Dubai Americana Restaurants International Plc has signed an exclusive development agreement to bring Taco Bell back to the UAE, opening the way for a phased expansion of the Mexican-inspired quick-service restaurant brand into additional GCC markets. The UAE will be the first market developed under the agreement with Taco Bell UK and Europe Ltd, a subsidiary of Yum! Brands Inc. The partners have not […]

Arabian Post Staff -Dubai ADNOC Distribution has agreed to bring South Africa’s Reatile Group into its planned acquisition of Shell Downstream South Africa, giving the local energy investor a minority interest after the $1 billion takeover is completed. The two companies signed a long-term Broad-Based Black Economic Empowerment agreement on August 20, advancing the ownership structure for ADNOC Distribution’s entry into South Africa’s fuel retail market. The […]

Arabian Post Staff -Dubai Abu Dhabi National Oil Company has launched its ninth spot crude tender since the beginning of June, extending an unusually active sales campaign as the company seeks to keep supplies moving despite severe disruption around the Strait of Hormuz. The latest tender offers Upper Zakum, Umm Lulu and Das crude for loading in October and November. Bids are due by August 24 and […]

Arabian Post Staff -Dubai Saudi Aramco is offering crude to selected Asian refiners from outside the Strait of Hormuz, opening another supply route as prolonged disruption at the strategic waterway reshapes Gulf energy exports. The company is negotiating privately with buyers for Arab Medium and Arab Heavy crude to be transferred between vessels off Fujairah in the UAE. Some of the cargoes are intended for September loading. […]

Wison Engineering has secured a contract worth about $4.04 billion from ADNOC Gas to build a major natural gas processing train and associated power infrastructure at Habshan in Abu Dhabi, marking the biggest engineering, procurement and construction award in the company’s history. The core EPC contract for Phase 2 of ADNOC Gas’s Rich Gas Development project is valued at $3.9 billion. Wison will also construct a 220-kilovolt […]

Arabian Post Staff -Dubai XRG has entered Venezuela’s energy sector after securing an interest in the offshore Loran gas licence, extending Abu Dhabi National Oil Company’s international investment arm deeper into Latin America’s natural gas and liquefied natural gas market. The Abu Dhabi-based company will participate alongside BP and UCC Oil and Gas Holding in the second phase of Loran, a large offshore gas resource within Venezuela’s […]

Arabian Post Staff -Dubai The UAE has pledged to defend its sovereignty and freedom of navigation through the Strait of Hormuz after another Adnoc vessel was attacked while crossing the strategic waterway, reinforcing Abu Dhabi’s determination to keep its energy trade moving despite escalating maritime threats. Dr Anwar Gargash, Diplomatic Adviser to the UAE President, said repeated attacks on Adnoc tankers would not force the country to […]

Arabian Post Staff -Dubai Dubai stocks ended lower on Friday as disappointing corporate earnings and escalating tension around the Strait of Hormuz weighed on investor sentiment, while Abu Dhabi’s benchmark managed a marginal gain. The Dubai Financial Market’s main index fell 0.4%, extending losses for a second consecutive session. Air Arabia and contractor ALEC Holdings were among the biggest drags after their quarterly results disappointed investors. Emaar […]

The UAE has strongly condemned Iran over attacks on two ADNOC-affiliated vessels travelling through the Strait of Hormuz, describing the strikes as a serious violation of international maritime rules and a threat to regional and global energy security. The vessels were attacked on the evening of Thursday, August 13, while transiting the strategically important waterway. No crew members were injured and the situation aboard the ships was […]

Arabian Post Staff -Dubai US President Donald Trump has signalled that Washington is holding back from another major military escalation against Iran while allowing sanctions, a naval blockade and severe economic pressure to increase the strain on Tehran. Trump said the United States was “low-keying it” and described contacts with Tehran as only partial negotiations. His remarks indicated that the White House currently sees Iran’s worsening economic […]

Arabian Post Staff -Dubai Abu Dhabi National Oil Company has warned that sustained attacks on its vessels, employees and assets are significantly disrupting operations as insecurity in the Strait of Hormuz deepens pressure on Gulf energy supplies and commercial shipping. ADNOC said on Friday that 15 of its vessels had been targeted by missiles and drones while passing through the strategic waterway since the regional conflict erupted. […]

Arabian Post Staff -Dubai Abu Dhabi is emerging as one of the best-positioned global centres for low-carbon hydrogen production, processing and export, supported by competitive energy costs, industrial capacity and expanding links to overseas markets. A new assessment by the Abu Dhabi Chamber of Commerce and Industry places the emirate at the forefront of a hydrogen sector that is moving beyond policy pledges towards commercially focused projects. […]

Arabian Post Staff -Dubai Abu Dhabi National Oil Company will change the benchmark used to determine official selling prices for all its crude grades from November 1, replacing Murban futures with prompt-month Platts Dubai pricing. The overhaul will cover Murban, Das, Umm Lulu and Upper Zakum crude. ADNOC will announce a premium or discount for each grade against Dubai quotes during the month before the cargo is […]

ADNOC has approved a $6.2 billion investment to develop the Umm Shaif Gas Cap, advancing Abu Dhabi’s plans to raise natural gas production and expand supplies for domestic and international customers. The offshore project is expected to produce more than 600 million standard cubic feet per day of natural gas and associated gas liquids by 2030. That volume is equivalent to almost 10 per cent of the […]

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