PERSPECTA

News from every angle

Results for "Adnoc"

106 stories found

UAE Oil Tanker Attacked in Strait of Hormuz
Politicsfazle-figarosvenska-dagbladet+4n1-serbianaftemporikinewsbeastpunch-ng10d ago7 sources

UAE Oil Tanker Attacked in Strait of Hormuz

An oil tanker belonging to the UAE's national oil company, ADNOC, was reportedly attacked in the Strait of Hormuz. The incident has raised concerns amid heightened tensions in the region.

India's Energy Supplies Secured Amid Middle East Crisis
WorldTimes of India2mo ago

India's Energy Supplies Secured Amid Middle East Crisis

Indian refiners have reportedly secured sufficient crude oil and LPG supplies, extending through August and mid-July respectively, mitigating concerns arising from the ongoing Middle East crisis through purchases from ADNOC and other suppliers.

Oil Transport Through Strait of Hormuz Deemed 'Extremely Dangerous'
Worlddie-presse3mo ago

Oil Transport Through Strait of Hormuz Deemed 'Extremely Dangerous'

Captain Abdulkareem Al Masabi, head of logistics for the Arab oil company Adnoc, highlighted the extreme dangers and challenges of transporting oil and gas from the Gulf region through the Strait of Hormuz to Europe, citing irresponsible politicians and rising prices.

Iran Reports End to Hormuz Strait Clashes Amid US Tensions
WorldBBCbloombergNYT+85FTle-mondewapoThe GuardianNPRAl Jazeeradr-dkFox News+77 more3mo ago88 sources

Iran Reports End to Hormuz Strait Clashes Amid US Tensions

Tensions between the US and Iran escalated in the Strait of Hormuz following reports of an attack on Iranian tankers, with Iran's president speaking out against exploitation. Iranian authorities later announced that the clashes in the strategic waterway had concluded.

US Military Confronts Iran in Strait of Hormuz, Secures Shipping
WorldAPReutersBBC+87bloombergNYTwsjFTThe GuardianNPRAl JazeeraCNN+79 more3mo ago90 sources

US Military Confronts Iran in Strait of Hormuz, Secures Shipping

The US military engaged Iranian forces in the Strait of Hormuz, reportedly sinking several Iranian boats and downing missiles and drones, in an effort to reopen the strategic waterway and protect commercial shipping. This action followed alleged Iranian attacks on vessels, leading to heightened tensions and diplomatic responses.

Delhi Metro Unveils Rs 48,000-Crore Expansion Plan
Businessndtvkhaleej-times3mo ago2 sources

Delhi Metro Unveils Rs 48,000-Crore Expansion Plan

Delhi Metro has announced an ambitious Rs 48,000-crore expansion plan, which includes the development of 7 new corridors and 65 additional stations. This significant project aims to enhance the city's public transportation network.

ReutersFT3mo ago2 sources

Adnoc to Invest Billions in US Gas Business Amid Middle East Instability

Abu Dhabi's state energy group, Adnoc, plans to invest tens of billions in building a US gas business. This move accelerates its diversification efforts, partly driven by the ongoing instability in the Middle Eastern energy industry, including the Iran war.

Stock-market futures drop, oil surges above $100 after failed talks between U.S. and Iran over the weekend
PoliticsReutersFThelsingin-sanomat+14berlingskeNHK Worldmarketwatchdelfi-ltYahooil-sole-24-oreTimes of Indiaindian-express+6 more4mo ago17 sources

Stock-market futures drop, oil surges above $100 after failed talks between U.S. and Iran over the weekend

Stock-market futures were down Sunday evening, suggesting investors were bracing for a sharp drop in major indexes after weekend talks between the U.S. and Iran failed to open the Strait of Hormuz and led President Donald Trump to announce a blockade of the crucial waterway.

IDF Confirms Killing of Iranian Naval Commander Alireza Tangsiri; Trump Warns Iran
WorldbloombergNYTwsj+57wapoAl JazeeraFox Newscbcruvfazaftonbladetberlingske+49 more5mo ago60 sources

IDF Confirms Killing of Iranian Naval Commander Alireza Tangsiri; Trump Warns Iran

The IDF has confirmed eliminating Alireza Tangsiri, commander of the Iranian Revolutionary Guard Corps Navy, who was responsible for the Strait of Hormuz blockade, while US President Donald Trump has urged Iran's negotiators to engage fully before it's too late.

Trump Reiterates Hormuz Ultimatum, Iran Warns Retaliation and Restricts Strait Access
WorldAPReutersBBC+153bloombergNYTeconomistwsjFTle-mondewapoThe Guardian+145 more5mo ago156 sources

Trump Reiterates Hormuz Ultimatum, Iran Warns Retaliation and Restricts Strait Access

President Donald Trump has reiterated his 48-hour ultimatum to Iran to reopen the Strait of Hormuz, threatening to 'obliterate' its power plants and energy infrastructure. Tehran has warned it will respond with attacks on U.S. and Israeli energy targets if its facilities are targeted and stated the strait is open to all except "enemy" ships.

UAE Accuses Iran of Attacking Oil Tankers in Strait of Hormuz
WorldaftonbladetforbesThe Independent+11n1-serbiaYahoohindustan-timesindian-expressdanasjerusalem-postnaftemporikindtv+3 more10d ago14 sources

UAE Accuses Iran of Attacking Oil Tankers in Strait of Hormuz

The UAE reported that two of its oil tankers were attacked while transiting the Strait of Hormuz, with the UAE blaming Iran for the incident. This event has led to increased tensions and a slowdown in shipping traffic in the vital waterway.

Two UAE Tankers Attacked in Strait of Hormuz; US Vows Unprecedented Iran Measures
WorldAl Jazeeraaftonbladetle-figaro+13der-standardvgdelfi-ltThe Independent24uril-sole-24-orejerusalem-postndtv+5 more11d ago16 sources

Two UAE Tankers Attacked in Strait of Hormuz; US Vows Unprecedented Iran Measures

Two UAE-owned oil tankers were attacked while transiting the Strait of Hormuz, prompting condemnation from the UAE and other nations. In response, the US Treasury Secretary stated that the US would impose unprecedented measures on Iran.

Businessbloomberg15d ago

Adnoc Gas CFO Considers LNG Export Plant on UAE East Coast

Adnoc Gas CFO Peter van Driel discussed the possibility of an LNG export plant on the UAE's east coast, following the company's second-quarter net income of $665 million, which surpassed analyst estimates despite Mideast shipping disruptions.

ADNOC Approves $6.2 Billion Umm Shaif Gas Project
BusinessYahoo1mo ago

ADNOC Approves $6.2 Billion Umm Shaif Gas Project

ADNOC has given the green light to the $6.2 billion Umm Shaif Gas Project, aimed at significantly boosting the United Arab Emirates' gas supply. This strategic investment underscores the UAE's commitment to enhancing its energy independence.

UAE Oil Pipeline Bypassing Hormuz Nears 50% Completion
Businesscnbcstraits-timesgulf-news+1khaleej-times3mo ago4 sources

UAE Oil Pipeline Bypassing Hormuz Nears 50% Completion

The United Arab Emirates has announced that its new oil pipeline, designed to bypass the Strait of Hormuz, is nearly 50% complete. This strategic project is expected to be operational by 2027.

UAE Accelerates Oil Pipeline to Bypass Strait of Hormuz
PoliticsReutersbloombergwsj+57wapoThe GuardianNPRAl Jazeeranzzcnbcaftonbladetle-figaro+49 more3mo ago60 sources

UAE Accelerates Oil Pipeline to Bypass Strait of Hormuz

The United Arab Emirates is accelerating its oil pipeline project, aiming to complete it by 2027, to bypass the Strait of Hormuz and enhance its crude export capacity. This move comes amid regional tensions and a global energy re-wiring.

Trump Halts Iran Operation After Saudi Airspace Denial
WorldBBCbloombergFT+30Al Jazeeranzznostagesschauberlingskelsm-lvSCMPder-standard+22 more3mo ago33 sources

Trump Halts Iran Operation After Saudi Airspace Denial

President Trump reportedly paused a major military operation against Iran, "Project Freedom" or "Operation Hormuz," after Saudi Arabia denied the US access to its airspace. Trump also expressed optimism for a swift end to potential conflict and a possible deal with Iran.

ADNOC Pledges $55 Billion in Investments by 2028
Financebloombergn1-serbiaobservador+3danasDaily Sabahuz-daily3mo ago6 sources

ADNOC Pledges $55 Billion in Investments by 2028

UAE's national oil company, ADNOC, has committed to investing $55 billion in new projects by 2028. This significant spending plan is set to accelerate post-OPEC, focusing on expanding its operations.

HAE: The CEO of the oil company ADNOC confirms that Hormuz remains closed – Iran must open it unconditionally
WorldAl Jazeeracnbchvg+5The Independentnaftemporikiexpress-tribuneadvisor-perspectivesPremium Times4mo ago8 sources

HAE: The CEO of the oil company ADNOC confirms that Hormuz remains closed – Iran must open it unconditionally

Τα Στενά του Ορμούζ είναι κλειστό και το Ιράν πρέπει να το ανοίξει χωρίς όρους και να θεωρηθεί υπεύθυνο για τις ζημιές μετά από επιθέσεις σε εγκαταστάσεις, λέει ο Διευθύνων… HAE: Ο CEO της…

UAE oil giant halts refinery after Iranian drone strike
BusinessReuterswsjukrainska-pravda+2tvn24hindustan-times5mo ago5 sources

UAE oil giant halts refinery after Iranian drone strike

The Ruwais oil refinery in the United Arab Emirates suspended production due to a drone attack near the facility, as reported by AFP. This incident led to the shutdown of one of the world's largest refineries.

Iran Sets New Demands for Reopening Strait of Hormuz, Deal Remains Elusive
WorldbloombergNYTFT+53The GuardianNPRAl Jazeeradr-dkcnbcnosaftonbladetberlingske+45 more16d ago56 sources

Iran Sets New Demands for Reopening Strait of Hormuz, Deal Remains Elusive

Iran has issued new, stringent demands to the United States for the reopening of the Strait of Hormuz, indicating that a quick resolution to the waterway's closure is unlikely. Despite some reports of progress in talks, Iran insists the strait will remain closed until its conditions are met.

Wall Street Reacts to Fed Decision, Tech Earnings, and AI Spending
BusinessBBCbloombergNYT+66FTwapoThe GuardianNPRAl JazeeraFox Newsnzzyle-uutiset+58 more26d ago69 sources

Wall Street Reacts to Fed Decision, Tech Earnings, and AI Spending

Wall Street experienced market fluctuations following the Federal Reserve's interest rate decision and new inflation figures. Major tech companies like Microsoft, Apple, and Meta reported earnings, with investor focus on AI spending and its impact on future growth.

Türkiye signs gas deal with Azerbaijan
WorldDaily Sabah2mo ago

Türkiye signs gas deal with Azerbaijan

Türkiye's state-run energy company BOTAŞ has signed a new natural gas sales and purchase agreement with Azerbaijan's SOCAR, TotalEnergies, and ADNOC for gas to be produced from Absheron.

Trump Pauses Hormuz Escort Operation Citing Iran Deal Progress
PoliticsAPReutersBBC+88bloombergNYTwsjFTThe GuardianNPRAl Jazeeradr-dk+80 more3mo ago91 sources

Trump Pauses Hormuz Escort Operation Citing Iran Deal Progress

President Trump announced a pause in the US operation to escort ships through the Strait of Hormuz, citing 'great progress' made on a deal with Iran. This decision aims to facilitate efforts to de-escalate tensions and end the conflict.

South Korean Ship Attacked in Strait of Hormuz Amid Rising Tensions
WorldAPReutersBBC+134bloombergNYTwsjFTle-mondewapoThe GuardianNPR+126 more3mo ago137 sources

South Korean Ship Attacked in Strait of Hormuz Amid Rising Tensions

A South Korean-run vessel was hit by an explosion and fire in the Strait of Hormuz, prompting Seoul to confirm an attack and raising regional tensions. The incident led to the US escorting merchant ships and rejecting Iranian claims of missile strikes on its warships, while also urging China to press Iran on opening the strait.

Russian Superyacht Crosses Strait of Hormuz Despite Sanctions
WorldReutersruvtvn24+13Business Insiderdigi24hvgYahoohotnewshindustan-timesstraits-timesiefimerida+5 more3mo ago16 sources

Russian Superyacht Crosses Strait of Hormuz Despite Sanctions

The $500 million Russian superyacht Nord, owned by sanctioned oligarch Alexey Mordashov, successfully navigated the Strait of Hormuz. Its passage occurred despite international sanctions and a perceived blockade, raising questions about its ability to move freely.

Iran Reaffirms Hormuz Strait Open to Non-Hostile Ships Amid Global Energy Crisis
WorldReutersbloombergNYT+33economistFTcnbcberlingskele-figaroSCMPder-standardFrance 24+25 more5mo ago36 sources

Iran Reaffirms Hormuz Strait Open to Non-Hostile Ships Amid Global Energy Crisis

The ongoing Iranian blockade of the Strait of Hormuz continues to severely impact global energy markets, with Kuwait warning of a catastrophic economic domino effect. Iran's Foreign Minister and Ministry of Foreign Affairs have stated that the Strait remains open to ships from nations not backing US-Israeli aggression, communicating this to the UN. The tightened global fuel supply is particularly affecting Asian nations and causing shortages for fuel retailers in Kenya, leading to increased reliance on coal and raising concerns about potential plane groundings, as European Commission President Ursula von der Leyen highlights a 'critical energy situation.'