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Oil falls as tankers pass through Bab al-Mandab...
30 Jul, 2026 15:01 4 min read
Oil prices fell on Thursday as tanker traffic increased in the Bab al-Mandab strait, reducing supply disruption concerns. Brent dropped 1.1% to $89.71, while WTI declined 0.9% to $83.78.... More
Energy Other
Adnoc Drilling to pay $263m dividend after revenue grows...
30 Jul, 2026 14:57 9 min read
Adnoc Drilling plans to pay a $263 million dividend for Q2 2026, supported by increased offshore rig activity and a 3% r... More
Energy Other
US-Saudi alliance invests $5bn to build oil refinery outside Strait of Hormuz...
30 Jul, 2026 14:27 24 min read
MERA Oil is selecting a host for a $5 billion refinery project in GCC countries, enhancing energy export capabilities ou... More
Energy Other
QatarEnergy-controlled LNG tanker exits Hormuz, first in nearly three weeks...
30 Jul, 2026 14:06 28 min read
A QatarEnergy LNG tanker, the Al-Areesh, recently exited the Strait of Hormuz, marking the first departure since July 11... More

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