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Adnoc Gas’ profit halved on Hormuz disruptions — so it’s planning an LNG export route that skips the strait entirely
The company is looking for a new LNG export facility on the UAE’s east coast as an alternative export route
Adnoc adds 11 vessels + Orbitworks preps for satellite work
The acquisitions nearly double Adnoc’s fleet of both vessel types
THIS MORNING: A deeper Emirati presence in Egypt’s north coast + Khor Mor partners clash with Kurdistan gov’t
Plus: More tax relief is coming for SMEs
THIS MORNING: UAE eyes Japan’s largest data center + UK regulators wave through Paramount’s WBD takeover after assurances
Plus: The UAE is turning Hormuz risk into a market edge
THIS MORNING: Fujairah has become the UAE’s primary export route + the NBA gives the UAE a pass (for now)
UAE jewelry demand was down 28% in 2Q
THIS MORNING: Adnoc is scrapping its old pricing system + L’imad is wrapping up its Taqa takeover
Fuel prices are ticking up once again after a dip in July
THIS MORNING: Adnoc’s dark-mode LNG shuttle is back + Dragon Oil reportedly eyeing Egypt concession
Dragon Oil is reportedly set to throw its hat in the ring for a stake in an Egyptian gas asset
THIS MORNING: Dana Gas gradually restarts Khor Mor production + MENA equity issuances plunge in 1H
Plus: You can now pay for Emirates flights through Crypto.com
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