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Oil falls as traders count down moments until Opec+ meeting

Bloomberg Oil slipped ahead of an Opec+ meeting that should see further output added to a market that the group sees as needing extra supply. West Texas Intermediate falls by 1.3% after losing more than 7% in August, the biggest monthly decline this year. The Organisation of Petroleum Exporting Countries (Opec) and its allies including Russia are expected to ratify ...

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UAE condemns Houthis’ attempt to target Saudi

ABU DHABI / WAM The UAE has strongly condemned the terrorist Houthi militias’ attempts to attack civilians and civilian objects in Najran, Saudi Arabia on Wednesday with a ballistic missile, which was intercepted by Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation, the UAE reiterated that these systematic terror attacks by the Houthis reflect ...

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Taqa to conduct review of its global oil, gas business

ABU DHABI / Emirates Business Abu Dhabi National Energy Company PJSC (Taqa), one of the largest listed integrated utility companies in the region, announced that it has initiated a strategic review of its oil and gas operations. Since 2005, Taqa has built a high-quality portfolio of upstream and midstream operations in the UK North Sea, the Netherlands, Canada and the ...

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