US is pushing allies to cut imports of Iranian oil to zero and will reimpose sanctions on Iranian oil next month
The kingdom said last week it would respond to any economic sanctions linked to the death of journalist Jamal Khashoggi
Oil output in the Neutral Zone is divided equally between Saudi Arabia and Kuwait
Etihad and Tadweer will undertake an initial feasibility study towards developing a waste-to-fuel facility in Abu Dhabi
The pipeline will transport sulphur for 11km between plants
The UAE is adapting to a fast-changing energy landscape
Brent crude last week reached $86.74 a barrel, the highest since 2014
The kingdom is hoping to offset the impact of sanctions on Iran
The complex is due to begin operations in 2024
The transaction values ADNOC Drilling at about $11bn
The Saudi energy minister has repeatedly called on other oil producers to invest in capacity
State-owned Pakistan State Oil will partner with Saudi Aramco on the project
The kingdom raised its oil output to 10.7 million barrels per day in October
Trump has pressured the kingdom to increase oil production
The Wall Street Journal reported the kingdom had shelved the project months after launching it
The kingdom announced a partnership with SoftBank for the project in March
The call comes days after the US President criticised OPEC for high oil prices
Oil prices rose to their highest since 2014 above $80 per barrel this week
US Energy secretary Rick Perry has held talks with several Saudi leaders this year
The expansion is expected to add 245 million cubic feet per day of gas for processing
Brent crude prices touched a session peak of $82.20, the highest since November 2014
The US has already implemented financial sanctions against Iran and it plans to target the country’s oil exports from November 4
There have been reports that the stake acquisition has run into difficulties after disagreements over price
The stations are located in Hatta, Oud Al Muteena, City of Arabia and on the Dubai – Al Ain Road
Pending US sanctions on Iran have cut off ENOC’s access to feedstocks for producing aviation fuel
The US President urged OPEC to lower oil prices
The listing is expected to value the company at around $11.6bn
ENOC had its Sharjah stations closed by the government in 2011
Aramco is exploring the potential acquisition of a majority stake in SABIC from the kingdom’s sovereign fund
“Things are tightening up,” the International Energy Agency said in its monthly report