Tag: UAE
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Fuel prices in the UAE for the month of March 2023… a new increase
Fuel prices are set to rise in the UAE for next March (2023) again, to continue their rise after the price increase in February. Today, Tuesday, February 28, the prices of gasoline and diesel in the UAE for the month of March 2023 were announced, a decision that citizens and residents usually await on the…
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UAE Energy Minister: The oil market faces challenges in 2023..and this is the role of OPEC + (video)
The UAE Minister of Energy, Suhail Al Mazrouei, confirmed that the global oil market faces several challenges during the current year (2023), most notably the lack of investment. And he stressed, in press statements on the sidelines of the World Government Summit – hosted by the UAE – the need to pump new investments in…
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ADNOC supports “Make in the UAE” with 23 agreements, with investments of $4.6 billion
The Abu Dhabi National Oil Company (ADNOC) has signed agreements with 23 companies, with investments amounting to 17 billion dirhams ($4.63 billion) as part of its strategy to support local manufacturing in the UAE. The agreements signed with a number of local and international companies come as part of investments worth AED 70 billion ($19…
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Fuel prices in the UAE for the month of February 2023 are rising again
Fuel prices in the UAE for the month of February 2023 are rising again, after two months of declines. Today, Tuesday, January 31, the prices of gasoline and diesel in the UAE for the month of February 2023 were announced, and it is the decision that citizens and residents await on the last day of…
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The UAE Minister of Energy reveals the reason for the fluctuations in the gas market (photos)
The UAE Minister of Energy, Suhail Al Mazrouei, confirmed that the conditions in the oil market are balanced on the supply and demand side. He said in press statements on the sidelines of the launch of the activities of the Sustainability Week in Abu Dhabi: “I think that the market is completely balanced, and this…