Oil discovery transformed the UAE Capital's economy based on the pearl industry to one powered by oil. Did you know that the UAE’s Capital first attempted to explore oil 85 years ago?

The discovery of oil coupled with a joint venture between ... thereby becoming one of the seven emirates of the UAE. In most of the UAE, except Dubai, oil is the primary income source. Petroleum and ...

DUBAI - Egypt on Wednesday confirmed the discovery of oil reserves of at least 8 million barrels in the East Crystal-1 well ...

Egypt has confirmed the discovery of at least eight million barrels of oil in the East Crystal-1 well in the Gulf of Suez, ...

The United Arab Emirates' non-oil trade in goods touched a record 3 trillion dirhams ($817 billion) in 2024, up 14.6% from ...

Since the discovery of oil in the UAE nearly 60 years ago, the country has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a ...

Iraqi Midland Oil Company has announced that a massive reserve of crude oil (black gold) has been reportedly found in eastern Iraq’s Baghdad.

The UAE's non-oil private sector continued to expand robustly at the start of 2025, although capacity pressures and ...

Dublin, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The "Oil Refining Industry in The United Arab Emirates 2025" report has been added to ResearchAndMarkets.com's offering. This report is a complete source ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...