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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

Borr Drilling Expects Higher Activity as Rigs Return to Work

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Hormuz Crisis Signals New Era of Risk for Gulf Energy

Hormuz Crisis Signals New Era of Risk for Gulf Energy

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

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