Middle East

Not everybody is a loser from the Iran war—just ask Brunei

The focus from the Iran conflict has largely been on the increasing cost the world is having to pay through higher crude oil and natural gas prices resulting from the effective closure of the Strait of Hormuz.

ENOC and Allied Biofuels sign MoU to explore offtake/distribution of SAF and eSAF

Digital Exclusive: Rotating equipment failure cases with abnormal vibration frequencies and levels

ADNOC deploys heavy-duty inspector robot for hazardous environments

Oil market clock is ticking as supply crunch looms

Before the conflict began on February 28, few experts anticipated that Iran would actually shut down the Strait. Almost no one thought the obstruction would stretch into months.

ADNOC signs two strategic collaboration agreements with Indian partners

The agreements build on ADNOC’s expanding partnerships with Indian companies across crude, LNG and LPG supply, as well as energy storage opportunities, supporting India’s growing energy demand and long-term economic growth.

Iran, Ukraine wars deliver worst hit in years to oil refining output

Tightened supply has forced refiners, traders and retailers to tap crude and fuel inventories to meet demand.

Vietnam state oil company urges U.S. Navy to allow tanker through blockade

The U.S. military has expanded its shipping blockade on Iran to include cargoes deemed contraband, although it has said other oil exports from the Gulf are free to sail through.

U.S. EIA concedes Middle East supply disruptions are far worse than prior estimates

Iran's blockade of the Strait of Hormuz continues to wipe off millions of barrels of global oil supply every day the conflict drags on.

Jordan commits $1 B to launch first green ammonia export hub in Aqaba

Jordan signs a $1-B agreement to develop its first utility-scale green ammonia facility in Aqaba, marking a major step into the global hydrogen economy and clean energy exports.