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Energy
A supermarket in Tehran. The country has experienced unrest due to a deepening economic crisis. EPA

Oil rebounds more than 1% as supply risks linger amid US-Iran tension

Crude had fallen 4% on Thursday after Trump decided to hold off a military strike

Markets

InterviewEni expands North African exploration and targets Q1 Cyprus gas decision

Oil oversupply expected to cushion major price shock if US attacks Iran

Dr Sultan Al Jaber recognised for leadership in energy, AI and economic growth

Alterra plans to launch climate fund worth $1.2bn

Venezuela, Greenland and Trump's energy dominance push

Oil prices tumble as Trump holds off Iran attack, easing supply concerns



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    Why Apple chose Google to boost its AI strategy

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    UAE set for historic first participation in Winter Olympics

  • Guido Brusco, chief operating officer of global natural resources at Eni, said the company plans to drill an offshore exploration well in Libya’s Sirte Basin. Victor Besa / The National

    InterviewEni expands North African exploration and targets Q1 Cyprus gas decision


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Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and Chairman of Masdar, says global energy demand is accelerating across every sector. Victor Besa / The National

AI growth to drive 500% surge in data centre power demand by 2040

Dr Sultan Al Jaber, at opening of Abu Dhabi Sustainability Week, said hydrocarbons remain central to growth

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The UAE, Saudi Arabia, Oman and Qatar are national clean-energy champions. Victor Besa / The National

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The Zafarana wind farm in Egypt. The country has been struggling with an energy crisis. Victoria Hazou for the National

Egypt signs renewable energy deals worth $1.8 billion

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Rio Tinto and Glencore restart talks on $200bn mining mega-merger

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Lukoil has been weighed down by Western sanctions that may have affected Iraqi output. Reuters

Iraq to nationalise Russian-run oil field as sanctions weigh Lukoil down

Baghdad to take control of West Qurna 2, one of the world's largest, as sanctions cause potential disruption

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US wants to control Venezuelan oil sales indefinitely, Energy Secretary says

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Four Opec+ producers plan to triple compensation cuts by June

Energy

Masdar commits $15bn to global clean energy projects in 2025

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Adnoc finalises investment for Sarb gas project that will power 300,000 homes

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Venezuela to turn over up to 50 million barrels of oil to US, Trump says

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Egypt to export gas and petroleum products to Syria

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Two crude oil tankers at Lake Maracaibo, in Venezuela. A rebound in the country's output will also be supported by work in the Maracaibo Basin. AFP

Venezuelan oil output could hit 1.2 million bpd by end of 2026 without sanctions

Any recovery would reshape heavy-sour crude flows, favouring US refiners while squeezing Asia, Kpler says

Energy

Dana Gas receives $50m from Egyptian government with plans to boost operations

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Business Insights Monroe to Don-roe: US asserts resource control politics with Venezuela

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Opec+ opts for caution as US takeover of Venezuela oil adds supply risks

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What impact will the US attack on Venezuela have on oil prices?

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Oil down at start of 2026 amid geopolitical tensions and oversupply concerns

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UAE fuel prices to start 2026 with drop in January, with diesel down more than 10%

Energy



A fire at Fuerte Tiuna, Venezuela's largest military complex, after a series of explosions in Caracas on Saturday. AFP

What impact will the US attack on Venezuela have on oil prices?

The Trump administration was already waging a campaign against the country's oil exports

Energy

Oil down at start of 2026 amid geopolitical tensions and oversupply concerns

Markets

UAE fuel prices to start 2026 with drop in January, with diesel down more than 10%

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Oil poised for sub-$60 territory in 2026 amid rising output

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