ADNOC moves stakes in listed units to XRG in internal transfer

ADNOC moves stakes in listed units to XRG

Restructuring consolidates ADNOC’s listed units under XRG while dividends stay unchanged

UAE shoppers can now swap ADNOC, Shukran points

Millions gain new flexibility as ADNOC and Shukran link loyalty points for daily spending

ADNOC Distribution and Landmark Group announced the launch of the region’s largest loyalty partnership.

Oil prices jump after Israeli strike reported in Qatar

Middle East tensions reignite risk for crude; markets eye rate cuts, OPEC+ supply moves

Representational image.

Solar surges to new heights: The terawatt revolution

Phenomenal growth in global installed solar capacity, industry sees explosive speed

A utility-scale solar and battery storage project in the desert.

Philippines flood woes ignite buzz over long-term fix

'Win-win-win' DOE-NIA merger deal: good irrigation, cheaper power, better flood control

One of the giant pumped hydropower "penstocks" that feed turbines downstream from Caliraya Lake and empties into the Laguna Lake, near Manila. This plant, energised in 1983, produces 797MW, enough to power 2.8m Filipino homes. Caliraya is located 60 km east-southeast of Manila. It serves as the reservoir for the Kalayaan and Caliraya Power Plants.

OPEC+ signals ambition with another oil production hike

OPEC+ hikes production again, signaling a fight for market share despite lower prices

OPEC+ signals ambition with another oil production boost: What it means for market

Whopping $1 trillion paycheck for Elon Musk?

Plan challenges Musk to drive Tesla to astronomical valuation, from $1tr to $8.5tr

People participate in a "TeslaTakedown" protest against Elon Musk outside of a Tesla dealership in Irvine, California, March 1, 2025.

UAE's Taqa closes $4b financing for Saudi power plants

New Saudi projects entail investments of about $4b

Taqa powers up its ambitious Saudi projects by closing a near $4 billion financing.

Dr Sultan Al Jaber named ICIS CEO of the Year 2025

Al Jaber's leadership in AI-driven energy solutions earns top accolade

Dr Sultan Al Jaber honoured for transformative leadership in global chemicals

Tesla grabs top spot in Norway as EVs hit 97% of sales

EVs account for 97% of Norway car sales, with Tesla taking lion's share

Norway has a high penetration of electric cars, with 97% of new passenger vehicle registrations. As a result, producers have flocked to the market with about 170 electric-powered models to choose from.

UAE fuel prices for September 2025: Check the new rates

Here's how much it will cost to tank up your vehicle next month

The Fuel Price Committee revises UAE petrol prices at the end of every month to align with global rates.

ADNOC pulls in $317m from subsidiary stake sale

New ADNOC L&S stake sale was done with in a mere 4 hours

ADNOC sold an additional stake in its L&S subsidiary to institutional investors.

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