The US Treasury department has imposed sanctions on three shipowners based in the United Arab Emirates, accusing them of exporting Russian crude oil priced above the $60 per barrel limit set by the G7 and Australia.The move by Washington comes as it tries to increase enforcement of the Russian oil price cap following evidence that...
Monday, September 25, 2017
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October 7, 2023October 7, 2023Environment, News
ADNOC has made an investment in gas fields on the UAE shelf with theparticipation of LUKOIL
ADNOC made the final investment decision ( FID ) on the project for the development of two gas fields on the UAE shelf – Hail and Ghasha. Deposits are part of the Abu Dhabi Ghasha concession, in which more than 1.5 billion cubic meters are planned to be mined by the end of the decade....