oil – Page 3 – Asian News from UK

Oil prices are yet to peak: UAE energy minister

Oil prices are nowhere near their peak as an impending rise in Chinese demand threatens to strain a global market already pinched by tight supplies…reports Asian Lite News UAE energy minister Suhail

June 9, 2022

-Top News·Arab News·UAE News

OPEC+ to boost oil production

The group on Thursday agreed to increase oil production by 648,000 barrels per day (bpd) in July, higher than its previous monthly increases of 432,000 bpd, reports Asian Lite Newsdesk The Organisation

June 3, 2022

-Top News·Arab News·UAE News

RIFT IN EU OVER RUSSIAN OIL EMBARGO

As it stands, any embargo requires unanimity from the 27 EU member states. Since the Russia-Ukraine conflict erupted, the EU has imposed five rounds of sanctions on Russia targeting government officials, transportation

May 31, 2022

-Top News·London News

Abu Dhabi’s non-oil real GDP expands by 4.1%

The results announced by SCAD at constant prices indicate that Abu Dhabi’s GDP at constant prices grew 1.9% in 2021 compared with 2020…reports Asian Lite News Statistics Centre-Abu Dhabi (SCAD) has announced statistical

April 6, 2022

-Top News·Abu Dhabi·Arab News

‘We recognise economic reasoning’: US on India buying Russian oil

White House Press Secretary Jen Psaki said US officials have been in touch “with Indian leaders at a range of levels” but Biden has himself not reached out to them on the

March 19, 2022

-Top News·India News·USA

Boris to visit UAE, Saudi Arabia for oil talks

He will meet Crown Prince Mohammed bin Zayed in the United Arab Emirates before travelling to Saudi Arabia to meet Crown Prince Mohammed bin Salman, reports Asian Lite News The Prime Minister

March 16, 2022

-Top News·UK News

UAE’s non-oil foreign trade records 27% growth

The value of national non-oil exports amounted to about AED 354 billion, setting a new record…reports Asian Lite News The total value of the UAE’s non-oil foreign trade in 2021 amounted to

February 28, 2022

-Top News·Arab News·UAE News

Venezuela’s oil output reaches 1 bn barrels per day

This figure was reached despite the dozens of sanctions the US government has imposed on the South American country, said El Aissami State-owned oil company Petroleos de Venezuela (PDVSA) exceeded one million

December 26, 2021

-Top News·Business

Dulsco launch unique Oil Re-Refinery Plant in UAE

The Environmental Solutions vertical of Dulsco Group has launched an advanced Oil Re-Refinery Plant, the first of its type in the region…reports Asian Lite News The facility, located at Jebel Ali, spans

November 24, 2021

-Top News·Arab News·UAE News

Italy is the third largest supplier to UAE’S oil and gas industry

Italy’s oil and gas exports to the UAE represents 10per cent of the global market…reports Asian Lite News With a value of almost Euro 135 million (annual Avg), Italy is the 3rd

November 16, 2021

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