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Abu Dhabi News

 

BP’s Second Quarter Profit Beats Expectations

Aug 05, 2025

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, as it beat second-quarter profit expectations.BP, under pressure…

UAE’s Masdar Posts Profit while Tripling Assets in 2024

Jul 31, 2025

Abu Dhabi state-owned renewables company Masdar reported a 2024 profit of 412 million dirhams ($112.18 million) on Thursday, reversing a 44-million-dirham net loss recorded the previous year.The company's total assets more than tripled in the year ending December 31…

Masdar, RWE Get Closer to Official Go-Ahead for 3GW UK Offshore Wind Farms

Jul 14, 2025

The U.K. Planning Inspectorate has concluded its six-month Nationally Significant Infrastructure Project (NSIP) examination period for the Dogger Bank South (DBS) offshore wind farms, with the consent decision now expected within the next six months…

Current News

ABL Transports Northern Endeavour FPSO to Recycling Yard

ABL Transports Northern Endeavour FPSO to Recycling Yard

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

CPC Oil Exports via Black Sea Stable After Attack Reports

CPC Oil Exports via Black Sea Stable After Attack Reports

Russia’s Yamal LNG Resumes Shipments to China After Months-Long Gap

Russia’s Yamal LNG Resumes Shipments to China After Months-Long Gap

Energy Crisis from War on Iran Deeper Than Widely Assumed

Energy Crisis from War on Iran Deeper Than Widely Assumed

Oil Shoots Over $110 as Trump's Iran Deadline Looms

Oil Shoots Over $110 as Trump's Iran Deadline Looms

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

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