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Road to Net Zero

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Road to Net Zero

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Oil price

Syria's oil and gas production in 2011 was about 500,000 barrels of oil equivalent per day (boed), which plummeted to about 50,000 boed under government control last year. Getty Images

Western sanctions relief will not bring big oil firms back to Syria immediately

EnergyMarch 25, 2025

Dalian Petrochemical refinery in Liaoning province. China is the world’s largest crude importer. Reuters

Oil prices climb and gold hits record as Middle East tensions flare

EnergyMarch 18, 2025

US President Donald Trump's tariff policy has sparked volatility in oil markets worldwide. AP

Oil posts worst weekly loss since October on US tariffs and supply glut

EnergyMarch 07, 2025

Containers at the port in Ensenada, Baja California state in Mexico. Trade tariffs imposed by the US on Mexico and Canada are expected to hit economic growth. AFP

Oil extends losses on new US tariffs and Opec+ supply boost

EnergyMarch 05, 2025

Opec is currently holding back 5.86 million bpd from the market. EPA

Opec+ supply boost to fuel oil market glut

EnergyMarch 04, 2025

Aramco will distribute $21.36 billion in dividends for the fourth quarter. AP

Aramco expects lower dividends in 2025

EnergyMarch 04, 2025

An oil refinery in central Iraq. In March 2023, Turkey suspended the flow of about 450,000 barrels of Iraqi oil daily through the Ceyhan pipeline. AFP

Iraq invites oil firms for Kurdistan crude export resumption talks

EnergyMarch 01, 2025

Oil exports from the Iraqi Kurdish region through Turkey have been halted since March 2023. Reuters

Iraq to announce Kurdish oil export resumption

EnergyFebruary 28, 2025

Donald Trump said tariffs on Mexican and Canadian goods will go ahead unless the flow of drugs into the US is stopped or significantly reduced. Reuters

Oil posts first monthly decline since November

EnergyFebruary 28, 2025

Fuel prices increased in February. Razan Alzayani / The National

UAE petrol and diesel prices to drop in March

EnergyFebruary 28, 2025

Oil storage tanks at Turkey's Ceyhan port. Crude from Iraq's Kurdish region will start flowing through the terminal once again, ending a nearly two-year dispute. Reuters

Oil prices slip on imminent restart of Iraqi Kurdistan exports

EnergyFebruary 24, 2025

Capuava oil refinery in Sao Paulo. Brazil is engaging with Opec+ but not committing to output limits. AP

Brazil's oil potential with Opec+ hinges on future players

EnergyFebruary 24, 2025

A Caspian Pipeline Consortium terminal in Novorossiysk, southern Russia. Shipments through the pipeline – Kazakhstan's main export route – fell 40 per cent after a drone attack. Getty Images

Oil prices slip nearly 3% on uncertainty over Trump’s moves and Middle East thaw

EnergyFebruary 21, 2025

US President Donald Trump, left , and Russian President Vladimir Putin agreed to start immediate talks to end the war in Ukraine, with Middle East envoy Steve Witkoff leading negotiations. AFP

Oil prices fall as Russia-Ukraine peace hopes grow

EnergyFebruary 13, 2025

Adnoc Drilling's fourth-quarter revenue rose to $1.19 billion. Photo: Adnoc

Adnoc Drilling’s Q4 profit rises on new rigs

BusinessFebruary 13, 2025

US President Donald Trump. China is not heavily reliant on US crude due to its diverse supply sources and could halt US imports if tensions persist, BMI said. EPA.

Oil posts third weekly loss running as tariffs raise demand growth concerns

EnergyFebruary 07, 2025

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